Raising money in the U.S. cannabis industry today is far different than it was one year ago – and unrecognizable from three or four years ago, when the United States had barely 20 medical marijuana markets, and Colorado and Washington were the only states selling recreational cannabis.
Upstart and small marijuana businesses needing a financial shot in the arm may want to consider crowdfunding—raising capital through a significantly larger pool of investors who wager relatively small amounts of money. Investors might be family, friends, members of...
Getting a bank account remains one of the most difficult challenges of running a marijuana business, despite greater public, political and legal acceptance of cannabis.
A growing number of marijuana companies are filling their C-suites with financial professionals—analysts, bankers, money managers, investors and others—who previously worked at top investment banks. These professionals bring with them high-value experience analyzing...
Biocontaminants such as yeast, mold, E. coli and salmonella can be a costly problem for marijuana cultivators or cannabis-infused product manufacturers. They can wreak havoc on a facility or cause product to fail mandatory tests, which can require large batches to be...
Marijuana products technically aren’t eligible for federal trademarks because the plant is illegal under the Controlled Substances Act.
But that doesn’t mean cannabis businesses can’t protect their intellectual property and build brand awareness through patents and federal trademarks—the latter is applicable if the application doesn’t involve a plant-touching side of the business.
Picking a name for a cannabis company goes beyond making a pot pun or incorporating words such as “420,” “canna” or “green” into your brand.
The name of your marijuana business should reflect the image you want consumers to associate with your brand. A name that doesn’t resonate with your desired market can keep your cannabis company from reaching its full potential.
The CEO of BioTrackTHC discusses the importance of being transparent with employees and operating a multistate business An accountant who planned to become an academic, Patrick Vo was about to begin studying for a Ph.D. when he met the founders of a small software...
The co-founder of InPlanta says company aims to meet demand for starting material in the consumer retail market and for large cultivators The number of federal cannabis license holders in Canada continues to soar, as does the demand for more diverse starting...
Michigan dispensary transitions from marginal to Main Street via community involvement For eight years after launching in 2010, The Om of Medicine operated in Ann Arbor, Michigan, from a third-floor space that was barely visible from the street. The location...
Since launching in 2016, Illinois-based Salveo Capital has invested in more than a dozen companies across cannabis sectors, from biotech and tech startups to multistate operators. The firm’s 15-company portfolio comprises a number of rapidly growing cannabis firms,...
Investors are ramping up their positions in the cannabis industry, as expanded legalization in new U.S. states and the launch in late 2018 of Canada’s adult-use market open new opportunities. Key nuances that point to important shifts in industry trends are emerging...
