Fred Gross and Cannafundr Raising Cannabis Capital
Every industry is only as strong as the connection between the capital needed to grow and maintain it, and the companies themselves, who allocate that capital to expand new markets, lower costs, add services and improve product offerings. In most industries, this flow has had decades to form distinct, reliable channels. Not so in cannabis, which is still forced to fumble its way through muddy waters in this stage of its life cycle. Companies that touch the plant cannot get corporate bank accounts, let alone pitch themselves to the mainline Wall Street set.
Private investments are hard enough to get done on their own. This is especially true for smaller investors trying to get access to deals, and especially in cannabis, where federal issues severely limit the pool of investors able to casually dive into the space. It takes a particular, patient kind of investor, and it also needs technology and...
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