You are here
Home 🌿 Marijuana Business News 🌿 Anatomy of a Capital Raise: ebbu’s Road to VC Funding Winds On 🌿Anatomy of a Capital Raise: ebbu’s Road to VC Funding Winds On
Warning message
The subscription service is currently unavailable. Please try again later.Back in January, ebbu LLC‘s Dooma Wendschuh was embarking on a journey to raise $9 million in venture capital funding. The money will fund research and development into cannabis products that Colorado-based ebbu plans to produce and sell.
Since announcing the opening of the capital raising, Wendschuh has spent much of his time on the road talking to potential investors. The exercise has involved late nights, early mornings, working holidays, more alcohol ingestion than he is used to and revisions to the business plan based on feedback from potential investors.
“It’s been crazy,” Wendschuh said. “Every day is a new adventure. Fundraising has just sort of been exploding lately.”
On a recent trip to New York City, Wendschuh said he had 35 back-to-back meetings with potential investors. There are breakfast meetings, mid-morning meetings, lunch meetings, afternoon meetings, dinner meetings and after-dinner meetings. After-dinner meetings often involve drinks, which...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
420 Intel is Your Source for Marijuana News
420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.
420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.
Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.
You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.
Follow us on Instagram
Connect with us on Linkedin