VERNON, British Columbia, Nov. 30, 2017 /Weed Wire/ — True Leaf Medicine International Ltd. (“True Leaf” or the “Company”) (CSE: MJ) (FSE: TLA) (OTCQB: TRLFF), announced today that it has received a notice of qualification from the Securities and Exchange Commission (“SEC”) of its Regulation A+ Tier 2 Offering Statement under Title IV of the JOBS Act to raise up to $10 million CAD in an offering that launches today.
Tag Archives: JOBS Act
LOS ANGELES, June 16, 2016 /Weed Wire/ — MEDIATECHNICS CORPORATION (OTC: MEDT) is pleased to announced today that its subsidiary BlazeNow Inc has raised over $180,000 of its $1.2 million private placement under the JOBS Act, Section 506(c), based on a total pre-money valuation of $30,000,000.
MIAMI, Fla., April 6, 2016 /Weed Wire/ — Pot Estate Holdings Inc. (PEHI) announced today that it has launched online a “Testing the Waters” campaign at http://potestate.com/regaplus to gauge potential investor interest in the going public transaction.
LOS ANGELES, April 5, 2016 /Weed Wire/ — Med-X, Inc.’s crowdfunding initiative is full steam ahead as the final rules for Regulation A+ takes effect in a matter of weeks, the company proudly announced on Monday.
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.
Howard Leonhardt, a state spokesperson in California for the JOBS ACT and Crowdfunding for Startup California, will be speaking in March at the California Cannabis Business Expo.
Randy Shipley, the founder and CEO of CannaFundr.com, is among those who believe that the new SEC rules will “potentially” have a positive influence on the marijuana industry.
CHICAGO, Nov. 9, 2015 /Weed Wire/ — The Cannabis Growth Capital Conference will bring the best public and private investment companies in the industry together at the Westgate Convention Center, Las Vegas, Nov. 10-11.
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.
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?