Crowdfunding Now Viable Financing Option for Cannabis Companies

By Omar Sacirbey

New federal rules allowing small businesses to tap ordinary folks will give upstart marijuana companies a sorely needed alternative to traditional sources of financing such as angel investors and venture capitalists.

The Securities and Exchange Commission’s new rules tied to crowdfunding could create a tidal wave of fresh financing in the cannabis industry. 

The rules, which took effect Monday, permit individuals to put $2,000 or more per year – the allowable amount is based on annual income and net worth – into a small company in exchange for a stake in the business.

Companies can now raise up

Crowdfunding Now Viable Financing Option for Cannabis Companies is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Crowdfunding Now Viable Financing Option for Cannabis Companies

Source: MJBizDaily

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