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Monte Fiore Farms
Denver, CO
$75,000
Working Capital Financing
Funded Date: March 12th, 2020
Overview of the Transaction: Monte Fiore was looking to upgrade parts of their grow operation with newer and more efficient equipment, such as lighting fixtures and temperature control.
Significance of Transaction: With the loan, Monte Fiore was able to upgrade equipment in their existing grow operation, ultimately leading to higher efficiencies and better bottom-line margins.
eQcho’s Role – We helped facilitate the negotiations between the investor and Monte Fiore. We are also continuing to work with Monte Fiore.
About The Company
Monte Fiore’s flagship farm is developed on the historic Perrino homestead. It is fed by pristine Colorado Rocky Mountain water – a 100% recycled, sustainable source – something very unique to Monte Fiore and our hydroponic platform. No other cannabis farm can replicate us.
Our cultivation and extraction facilities sit high at 6,300 feet above sea level. We are compliant with all state and local regulations, meet or exceed all national standards related to food production, agricultural best practices and beyond. We are experts in GMP/GAP development, management, design and engineering and have the results to prove it.
Jared, the CEO, has over 6 years of leadership experience in the financial industry, consulting for large financial institutions including private and public banks, hedge funds, and REITs. In this role he has developed operational strategies and software, performed due diligence of asset purchases, monitored performance of portfolios and sale through securitization. Jared co-founded 3Js Hice Cream LLC in 2018 and entered a licensing deal with Monte Fiore Farms LLC as a manufacturer. He attended Florida State University, where he earned a Bachelor’s Degree in Finance, Real Estate and Economics and a Master’s Degree in Finance.