Inception's real estate investment trust was founded to provide real estate debt and equity capital to cannabis businesses.

Inception's real estate investment trust was founded to provide real estate debt and equity capital to cannabis businesses.

The Inception Cos., a cannabis-focused private investment company with offices in Beverly Hills and London, has launched a cannabis-focused real estate investment trust.

The REIT has been billed as a first-of-its-kind platform to provide real estate debt and equity capital to the medicinal- and adult-use cannabis industry.

“Even though 92 percent of states already have cannabis access laws, institutional capital is still not widely available (to cannabis businesses),” said Omar Mangalji, Inception’s co-founder.

The REIT, known as Inception REIT or I-REIT, will focus on real estate-based financial opportunities with marijuana businesses that already have obtained state operating licenses and permits.

Real estate reporter Ciaran McEvoy can be reached at cmcevoy@labusinessjournal.com or (323) 556-8337.