Entrepreneurship is hard. Entrepreneurship in the cannabis industry, a new industry rapidly changing on a daily basis, is even harder. Funding sources are different than traditional industry, valuations are a big issue and, due to federal prohibition, banking is might we say - challenged.
Topics: Entrepreneurship, cannabis business, marijuana, startup, startups, investors, assessing investors, funding
So you’re starting a company. Hopefully, you’ve honed your idea, done the market research and assembled the right team. You’re on your way
Topics: Entrepreneurship, cannabis business, marijuana, startup, startups, funding
Starting a new venture is a large undertaking – after helping launch over 80 startups in the cannabis industry - we know. Not only should the founding team be researching, testing and building, but there also comes a point in some young companies’ lives where its time to start thinking about raising funds.
Topics: Entrepreneurship, Investing, cannabis companies, cannabis business, startup, startups, investors
As investors in the cannabis industry, we get asked by entrepreneurs about what options they have when looking for funding and how, if at all, those options differ because of that whole federally illegal, brand-new industry thing.
Topics: Entrepreneurship, cannabis investing, startup, startups, investors, funding
The relationship between start-up and investor is a special one. Investors provide much needed capital to young companies and, often, seasoned guidance toward their development. Choosing not only the right type of funding, but also the right financial partner is critical to success. But how do you know if you’ve found your financial soul-mate or a dud?
Topics: Entrepreneurship, Investing, cannabis investing, startups, investors, assessing investors, funding
The Founder's Dilemma: To Attend An Accelerator, or Go It Alone
Like so many moments in an entrepreneur's journey, uncertainty and pressure make the decision to accept an offer from an accelerator a tough one. Combine that with the fact that cannabis businesses are operating in a federally illegal and ever-changing industry and there are always more questions than answers. Is it the right timing? Is it the right next step?
Topics: Insider, Entrepreneurship