Start Your Own Cannabis Business by The Staff of Entrepreneur Media Inc. & Javier Hasse

Author:The Staff of Entrepreneur Media, Inc. & Javier Hasse
Language: eng
Format: epub
ISBN: 9781613083918
Publisher: Entrepreneur Press
Published: 2018-03-24T04:00:00+00:00

Now that you are familiar with all the different funding options at your disposal, you can find the one (or combination) that is best suited for your business. It’s crucial to know how much capital you need as well. Overcapitalization is one of the most prevalent problems among cannabis businesses. Raising too much money at the start will likely have you struggling with debt pretty soon.

Raising capital for a cannabis business is no piece of cake. While family and friends may be able to provide you with seed capital, building a strong business requires a lot of money. So you should consider the following options:

Family offices

Cannabis-focused investment funds

Angel investors

High-net-worth individuals

Accelerators

Crowdfunding

Also remember that most investors will want you to explain why your idea is special, your model is viable, and your business scalable. In addition, consider bringing in a partner who complements your abilities and knowledge and, again, always remain compliant!

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.