EPISODE · Nov 9, 2021 · 26 MIN
The Secrets of Raising Capital For Your Marijuana, Hemp or CBD Business
from The Business of Kush · host The Green Leaf CPA℠
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 BusinessEpisode 02 - Five Business Tips to Wrap Up This Year and Prepare For Next YearSign up to get e-mails from meFollow The Business of Kush on Instagram for bonus content and tips to grow your cannabis business, and join our community on Facebook. And, if you're enjoying this podcast, please use this link to leave a review on Apple Podcasts. This podcast is for the cannabis community, and each review increases to possibility that this podcast can be seen by people in our community. 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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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 consid...
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The Secrets of Raising Capital For Your Marijuana, Hemp or CBD Business
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