What To Do When a Potential Investor Wants to Write You a Check
Episode 6 of the The Business of Kush podcast, hosted by The Green Leaf CPA℠, titled "What To Do When a Potential Investor Wants to Write You a Check" was published on November 30, 2021 and runs 16 minutes.
November 30, 2021 ·16m · The Business of Kush
Summary
When building a new or growing cannabis business, like it or not, in most cases, you’re going to have to raise external capital to give yourself some runway. There are, of course, companies that don't raise capital and bootstrap, and while that’s recommended if you can do it, it’s really not feasible for most companies who want to invest in growth. Once you decide the time has come to raise that capital, the worst thing you can do is take the first check offered to you without doing your rese...
Episode Description
When building a new or growing cannabis business, like it or not, in most cases, you’re going to have to raise external capital to give yourself some runway. There are, of course, companies that don't raise capital and bootstrap, and while that’s recommended if you can do it, it’s really not feasible for most companies who want to invest in growth. Once you decide the time has come to raise that capital, the worst thing you can do is take the first check offered to you without doing your research. So, in this week's episode, Chip talks about the four steps to take when approached by an investor for your cannabusiness.
What to listen to next:
Episode 01 - The 10 Reasons Investors Say No to Your Cannabis Business
Episode 03 - The Secrets of Raising Capital for Your Marijuana, Hemp or CBD Business
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