Rainbow Realty Funds $6M Cannabis Facility in CT
Slice of Real Estate Team
May 27, 2025
Key highlights
- $6M senior mortgage closed for industrial cannabis facility
- 40,476 SF building to become a cultivation hub
- Borrower operates 4 dispensaries, 2 more launching in 2025
- Over $30M investment planned into the Stratford site
- First Connecticut deal for Rainbow Realty Group
Notable Quote
“ We’re thrilled to close our first deal in Connecticut alongside a world-class operator that’s poised to deliver some of the finest cannabis products in the state. Stratford is the perfect central location to service the state, with its easy access to I-95. ”
Ben Bolanos, Chief Operating Officer at Rainbow Realty Group
Why This Matters
This $6 million financing deal marks Rainbow Realty Group's strategic entry into Connecticut, a state with a tightly regulated cannabis market and limited licenses—making real estate plays both scarce and valuable. By supporting a vertically integrated operator with retail and cultivation licenses, Rainbow positions itself at the forefront of Connecticut's cannabis growth. The investment reflects broader trends in the cannabis real estate sector, where expertise in targeted financing unlocks high-potential market access and long-term value.
