How do legal-marijuana business entrepreneurs raise money to start or expand their business? The big banks won’t open a checking account for them, let alone lend them money, because cannabis production, processing and selling is still illegal at the federal level. Banking and financing options are limited, but there is a need and funding can be found.
Cannabis Company Confounded by ‘The Crowd’
Crowdfunding seemed like the perfect solution for cannabis entrepreneur Ralf-Rainer von Albedyhll, CEO of NextRX Inc., based in Las Vegas, Nevada. He had tried the more traditional funding avenues with little success.
Is ‘Cannabis Crowdfunding’ for You? A New SEC Rule Could Open Startup Investment to Everyone
Investing in startup cannabis companies is about to get easier for the little guy. And for the little company.
Regulation A+ Gaining Momentum: SEC Provides Update and Med-X Offering Goes Live
On Feb. 25, 2016, the SEC’s Advisory Committee on Small and Emerging Companies met to discuss the ongoing evolution of this new capital landscape. According to the opening remarks of Mary Jo White, SEC Chair, “Since Regulation A+ became effective in June 2015, issuers have publicly filed over sixty offering statements with the Commission.”
3 Critical Benefits of Regulation A+ for Potential Issuers
While financing a regular startup is challenging, financing a cannabis-related startup is even more difficult. Regulation A+ could be a game changer for the legal cannabis industry by letting everyday cannabis consumers financially support the companies they love.
Debt Crowdfunding for Cannabusinesses
Cannabis entrepreneurs may underestimate the potential for debt financing, a topic that will be explored in detail by Scott Jordan, Director of Business Development for Dynamic Funding at the Marijuana Investor Summit on Sept. 16 in Los Angeles.
Equity Crowdfunding for Cannabis in Colorado
Could equity crowdfunding for cannabis take off in Colorado? On July 16, 2015, Colorado’s Division of Securities sent a cease and desist letter to a man who posted ads on Craigslist looking for “high net worth investors to strategically partner with one of the largest MMJ chains in Colorado.” So, no, not for that guy.
Hope for Hemp
The collapse of the American hemp industry is one of the strangest consequences of cannabis prohibition. For most of U.S. history, hemp, a non-psychoactive variety of cannabis sativa, was regarded as a versatile crop.
CBD-rich Beauty Line for the Big Spender
As with the American cannabis industry, the American beauty market is worth a fortune. Ringing in at $50 billion, the beauty industry is worth nearly 25 times that of the projected marijuana industry for 2014.
Cannabusiness and Alternative Banking
As marijuana businesses in Colorado and Washington found themselves suddenly without working ATMs last week, it became painfully clear, yet again, that the industry has to find a way out of the banking dilemma created by the conflict between state and federal laws regarding marijuana’s legal status.
Opportunities in Infusion and Extraction
With edibles, as with tinctures and oils, it is now possible to produce strain-specific products with uniform chemical composition and potency because of developments in extraction and infusion technologies.
Pink Ribbon Investing
October is Breast Cancer Awareness Month. We all know women and men who have suffered from this horrible disease. In 2014, approximately 300,000 new cases will be diagnosed and 40,000 women will die.
Water as Investment Opportunity
According to Emily Paxhia, Founding Partner & Director of Relations at Poseidon Asset Management, LLC, marijuana investors look for opportunities that are ancillary, scalable and green.
Marijuana Investing for the 99 Percent
Marijuana and mutual funds are not concepts usually found in the same sentence. Marijuana investments are notoriously volatile. A mutual fund, on the other hand, is the sort of stodgy vehicle that middle-aged people use to build retirement savings.
Prairie Wellness Fund: Risks and Opportunities
The Prairie Wellness Fund, brainchild of Michael Griffin, veteran of the hedge fund service provider HedgeACT, seeks to offer credit financing for medical-marijuana entrepreneurs.
Interview with Russell Thomas, CIO, PotCoin Systems
The newly legalized and burgeoning Cannabis industry has called out for its own distinct cryptocurrency. PotCoin was designed to empower, secure and facilitate the Cannabis community both medicinal and recreational alike.
Marijuana Investor Plans Hedge Fund to Invest in Reverse Mergers
Leslie Bocskor has big plans and they focus on people using pot.
Landlords Calculate Marijuana Risk
Landlords are simple people. They want to collect rent and, at the end of the lease, they want their asset back in good enough shape to rent it out again. Owners of commercial property thinking about renting to legal marijuana businesses face an unusual degree of risk.
Crowdfunding for Marijuana Startups
In a non-cannabis industry an entrepreneur might simply go to the bank for financing, but not so in the marijuana world. Few lenders are ready to do business with a startup whose status is still questionable under federal law. Is crowdfunding an option?
Growing Your Business as a B Corp
Benefit Corporations may be an attractive alternative for marijuana entrepreneurs who want to make a profit, but also believe in business as an engine for social change. What’s not to love about that combination?
Marijuana Attracts Big Money: The ArcView Investor Network Takes on Denver
NEW YORK (MainStreet) — After pitching to potential investors at three ArcView Investor Network events, Ebbu CEO Dooma Wendschuh closed a $2 million round of financing three months ago for his cannabis distillery company.
Cannabis Business Summit’s Denver Debut
Marijuana business owners are getting Rocky Mountain High in Denver this week. The National Cannabis Industry Association is hosting their first-ever Cannabis Business Summit. The summit takes place June 24- 25, 2014, at the Colorado Convention Center. According to the summit’s official website, it is intended to give marijuana business owners the chance to exchange ideas, discuss best practices, and learn about regulations, policies and legislation.
Budding Recreational Pot Industry Sparks Innovation and Investment
Recreational marijuana is legal in Colorado and Washington state, and though it’s still illegal under federal law, more states are considering the move, setting the stage for a potential gold rush that could conceivably rival the repeal of prohibition. Economics correspondent Paul Solman talks to entrepreneurs looking to cash in on the cannabis industry.
Growing Out of Pot Investment Anxiety
Many venture capitalists are still nervous about investing in marijuana, despite a legal market estimated at $1.44 billion. Worries range from DEA enforcement action to scalability to a general squeamishness about “sin products.” A realistic way to take the risk/reward problem apart may be to look at the industry as a collection of mini-markets, each with unique characteristics.
Ten Tips for Raising Start-Up Funding in the Cannabis Industry
As we’ve previously discussed, investors have taken an interest in canna-business start-ups in recent years. Venture capitalists (VCs) and angel investors are recognizing the industry’s profitability and have begun funding legal cannabis companies.
Survey: 84% of Americans Say Driving After Drinking Worse Than Driving After Toking
Americans believe it’s worse to drive after drinking than after smoking marijuana, according to a new survey.
Pot For Pets: Not Just a Pet Lover’s Venture
Some people love their pets so much that they pamper their pets with pet spas or luxury pet hotels. They’ll take them to pet therapists to work on their attachment issues, and dress them in couture fashion. There is a pet equivalent for almost every human product you can imagine, and now there’s even an emerging market of medical marijuana for pets.
Coffee Pot: US Brews Black and Green
You may not think that coffee and cannabis have anything to do with each other, but you would be surprised. So how much do coffee and cannabis connect with each other? Well, aside from being alliterative, quite a bit.
The Rise of ‘Weed Inc.’
About $1.5 billion a year already — but most of that is from medical marijuana. First legally approved for medical uses in California in 1996, pot is available on prescription in 20 states and the District of Columbia, to relieve pain in conditions ranging from cancer to “writer’s cramp.” So even before Jan. 1, 2014, known as “Legal Day One,” more than 2.5 million Americans carrying special cards could buy weed from licensed dispensaries.
Is Seattle’s Marijuana Food Truck Only a Pipe Dream?
A Seattle food truck hopes to sell marijuana-infused treats around the city, but as KIRO’s David Ham reports that may be only a pipe dream – for now.
‘Cannabis College’ Students Banking on Medical Marijuana
TAMPA, FL – When you think about a college degree you think of things like economics, communications or poli sci. But a group of students in Tampa is learning something that right now is actually illegal to do in the State of Florida.
SEC warns investors about marijuana-related investments – Investment Executive
Following its transfer to droop a fifth microcap firm that claims to be engaged within the rising marijuana business, U.S. securities regulators issued a warning to investors about the danger of fraud within the area. Proper information regarding trade within the marijuana sector may be withheld from hungry investors, the SEC warns. VIEW FULL ARTICLE
Colorado Symphony cannabis concerts will go on, by invitation only
In a valiant effort to attract a larger demographic to the Colorado Symphony Orchestra, attendees are encouraged to BYOW (bring-your-own-weed).
Will medical marijuana supporters run out of time?
Legislation surrounding medical marijuana for Minnesota is fast approaching, and although a decision has not been made, emotional debate has ensued for state government officials.
Making the Switch: 3 Junior Mining CEOs Explain the Pull of Medical Marijuana
Canadian-based investors, junior miners, are looking to invest within the medical marijuana space.
New service makes medical marijuana more accessible to doctors and patients
CanvasRx takes the medical marijuana industry by storm with the introduction of its online pharmaceutical company, which specializes in matching certain strains with patient needs.
Spokane County eases marijuana lot size restrictions
For Washington marijuana growers, zoning is a concern, as these farmers are halted on the basis of stinking up the area in which they’re growing.
Autism Alleviated With Cannabis
On May 3, 2014, Medical Daily reported that one parent used specialized strain of cannabis to successfully treat her son’s autism and muscular dystrophy.
Guest Column: How to Break Through Real Estate Roadblocks in the Marijuana Industry
The various obstacles that marijuana investors face is undeniable. Finding real estate is a continual issue that entrepreneurs must face when looking to open a dispensary.
Goldberg Sings Whoopee for Weed
What can you say about a great American personality, comedian, singer-songwriter, actress and political activist that has not been said a hundred times before? This time, Whoopi Goldberg beat the media to the post by outing herself, and this is good news for the movement.
Could Cannabidiol Be a New Way of Investing in Marijuana?
By Richard Farrell Medical marijuana is supposedly high in healing cannabidiol (CBD), but low in psychotic tetrahydrocannabinol (THC). The heady stuff has a generous helping of the latter. Since near a majority of states legitimized the medical version, researchers have been seeking ways to rid it of traces of THC. There are several reasons for…
Which Marijuana Strain to Invest In?
The fact that many patients – especially children – actively avoid a high has led to the development of two broad strains. One of these is high in THC, and the other in CBD.
The Case for Edible Marijuana Investing
Over 40% of the legal marijuana consumed is in the form of edible products
Investors Beware: Taxes on Pot Investments Subject to Tax Discrimination
As the legal marijuana bubble continues to expand, a once-secret industry is out in the open and wearing a business suit.
Will Big Marijuana Crowd Out the Little Guy?
The future of medical marijuana dispensaries may be cut short due to the implementation of recreational shops in states like Colorado and Washington.
Cannabis Science (CBIS) Closes Recently Announced $1 Million PPM Financing To Fund Research and Development In the U.S.A. and Europe; Funding Effort Fully Subscribed
Cannabis Science is at the top of their game and looking to conduct some helpful research as more money comes pouring in.
Angel Investment Group Reports Big Growth
Angel investors are supporting a market where the grass truly is greener.
High Times launches private equity fund for marijuana investment
High Times magazine starts up a private-equity fund to aid in the prosperity of an already booming market.
Pay Close Attention To This Marijuana Millionaire’s Weed Venture Capital Fund
Justin Hartfield, the CEO of marijuana review and discussion site WeedMaps is continuing to expand his empire, co-founding marijuana technology venture capital firm Ghost Group.
High Returns? Private Investors Funding Marijuana Revolution
Angel investing in the cannabis space has become so popular that official Angel Networks are being formed.