Legal Weed Entrepreneurs Finding New Funding Options

Legal Weed Entrepreneurs Finding New Funding Options

Legal Weed Entrepreneurs Finding New Funding Options

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’

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.

Med-X Offering

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.”

Regulation A+

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.

Alternative Banking

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.

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.


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?

B Corp Green

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?

Business. Denver Flag from Wikimedia Commons.

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.

Recreational Sparks

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.


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.


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.


‘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

Goldberg Sings Marijuana

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.

Medical Marijuana Investment

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