As recently as 2018, cultivation- and retail-sector financing was almost exclusively the domain of private companies, according to data from the Viridian Deal Tracker. But public debt financing has been taking a bigger role recently.
That trend is likely to continue as the United States moves toward federal legalization of some form, though how quickly it occurs remains up in the air.
Some things to consider when putting together a business plan for your cannabis company – and then pitching it to potential investors.
A critical aspect of cannabis retail success is knowing what your customers want – and when.
Marijuana’s unofficial holiday, 4/20, is upon the industry, with expectations of good turnouts for in-person celebrations now that most COVID-19 pandemic restrictions have been lifted.
Cannabis businesses are eligible for property and casualty (P&C) insurance in most states.
But the majority of hometown insurance agents aren’t familiar with the details of business coverage – much less business insurance policies for the cannabis industry.
When considering whether to approve a regulated marijuana industry, advocates often tout the broader economic benefits of the additional tax revenue created.
But the beneficial impact exceeds just tax dollars.
A look at what Scotts Miracle-Gro’s involvement in the Etain Health acquisition and U.S. House passage of the MORE Act mean for the marijuana industry.
George Mancheril, CEO of Los Angeles-based Bespoke Financial, offers tips on how to cannabis operators can finance their companies.
“Show me the money.”
The classic line from the film “Jerry Maguire” reverberates through many of the pitches entrepreneurs make to investors for funding.
In one sense, of course, the line – and the approach – is perfectly appropriate.
Last-minute disagreements about the rise of hemp-derived THC products in Washington state derailed legislative proposals to ban the sale of delta-8 THC derived from hemp extracts.
If your cannabis business lacks financial flexibility, you might consider a special type of financing called “receivables factoring.”
A factor can help speed things along and get you the cash you need to take care of business.
A Georgia county near Atlanta is wrongly seizing hemp-derived THC products and scaring businesses away from legal products, according to a lawsuit seeking to stop the practice.
The Kanabo Group is banking on potential growth to correct its stock trend, and how to best use scenario planning in lieu of strategic planning.
