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
Alumni Spotlight: JAEB Designs is Giving Consumers What They Want
Do you remember your first smoking contraption? I remember mine. It was a cut up water bottle with an aluminum foil top that held herb. It was precarious and gross and probably kind of dangerous (are you supposed to ingest aluminum?) It worked for a time, I guess, and my lungs still work, so that’s a plus.
Topics: Insider, Company Info, Entrepreneurship, cannabis companies, canopy alumni, startup, cannabis tech, Cannabis consumption, Consumption Technology, PenSimple, startups
Valuations: Why Revenues Matter...But Only Sometimes
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.
Topics: Analysis, Investing, frontier markets, valuations, valuing investments, startups