The Secrets of Raising Capital For Your Marijuana, Hemp or CBD Business
Manage episode 306758113 series 3001923
In 2019, $8.1 billion of capital was raised by cannabis companies. After a lackluster 2020, investment in the cannabis industry has reawakened, with the amount of capital raised up 118% over 2020 with one full quarter left in the year.
And as more states move toward full legalization, that amount will only continue to grow. Many cannabis companies have been looking to debt and creditor solutions for capital growth, but that’s not the only solution business owners should take into consideration.
Beyond putting a company further in debt just to raise capital, cannabis CEOs -- from startups to founders of established companies -- need solid, non-resource-draining solutions to build capital. So, this week's episode talks about the secrets of raising capital for your cannabis, hemp, or CBD business.
What to listen to next:
Episode 01 - The 10 Reasons Investors Say No to Your Cannabis Business
Episode 02 - Five Business Tips to Wrap Up This Year and Prepare For Next Year
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Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity.
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