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Jeffrey Bennett
Vice President, Investments at Trichome Financial Corp.
Jeffrey Bennett is the Vice President of Investments at Trichome Financial, a company specializing in providing financial solutions within the cannabis industry. He has been with Trichome Financial since May 2018, contributing significantly to the company's lending strategies and investment processes in the rapidly evolving cannabis market in Canada.
Professional Background
- Role at Trichome Financial: As VP of Investments, Bennett focuses on structuring financial solutions that support cannabis retailers and other businesses within the industry. He emphasizes non-dilutive debt financing, which allows entrepreneurs to grow their businesses without giving up equity.1
- Experience: Prior to his role at Trichome, Bennett worked at CIBC as an Associate in Leveraged Finance, where he gained valuable experience in financial management and investment strategies. His background includes extensive expertise in credit solutions and financial analysis.23
Contributions and Insights
Bennett has shared insights into the funding landscape for cannabis retailers, noting that typical startup costs can range from $500,000 to $1 million per store. He highlights the importance of a solid business plan and relevant experience for applicants seeking funding from Trichome.1 His presentations often cover critical factors for success in the competitive retail environment, including effective inventory management and branding strategies.14
Education
Bennett holds an MBA, which complements his professional experience and enhances his capability to navigate the complexities of financing in the cannabis sector.4
For more detailed information about his professional journey, you can view his LinkedIn profile under the username jeffrey-bennett-b00b2017.