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.
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?
One of the black box mysteries I am often asked about is valuation of a company during an investment. As I've been preparing for a presentation I’m giving at the MJBizInt’l conference in Toronto next month, I’ve been thinking about a common aspect of the debate - the importance of revenues.
BOULDER, Colo. – July 10, 2018 – CanopyBoulder, a seed-stage investment fund and business accelerator for companies developing ancillary products and services for the legal cannabis industry, is pleased to announce follow-on investments totaling $575,000 into a number of leading cannabis companies. The businesses include packaging solutions, artificial intelligence, product sampling and review solutions, and blockchain technology, among others.