As of early August, CanopyBoulder Spring Class companies have raised nearly $3 million in seed financing, and more is on the way. But don’t think that raising money or investing money is easy—it is not. The cannabis industry is amid a prolonged inflection point of investor interest, but that doesn’t mean you will be given a free pass. It is important to understand you are competing for capital in a strong economy and investment opportunities abound. Do your work, be prepared and manage your expectations when raising capital in the cannabis industry.
To help, we have formulated a list of nine things that entrepreneurs and investors should understand about raising capital in the cannabis industry.
Read Patrick Rea’s insights:
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