The wildfires scorching Northern California have burned down at least 34 marijuana farms, just as the state prepares to launch a legal recreational marijuana industry. Now an attempt to crowdfund money online for farmers in Sonoma and Mendocino counties has been shut down by payment provider WePay.
Tag Archives: Crowdfunding
Med-X Raising Capital While Advancing Marijuana Education
Med-X is a company I have been researching today that provides nontoxic and 100 percent all-natural pest management products to people who grow marijuana legally.
Cannabis Cleans Up Well: 5 Events Signaling Professionalization of Industry
From industry members in the trenches to suits in corner offices, here are five events that show cannabis cleans up well, signaling the professionalization of the industry.
Cannabis Company Confounded by ‘The Crowd’
Crowdfunding seemed like the perfect solution for cannabis entrepreneur Ralf-Rainer von Albedyhll, CEO of NextRX Inc., based in Las Vegas, Nevada. He had tried the more traditional funding avenues with little success.
Med-X, Inc. Execs Bank on Regulation A+ Equity Crowdfunding’s Promise for the Future of the Cannabis Industry
LOS ANGELES, April 5, 2016 /Weed Wire/ — Med-X, Inc.’s crowdfunding initiative is full steam ahead as the final rules for Regulation A+ takes effect in a matter of weeks, the company proudly announced on Monday.
Is ‘Cannabis Crowdfunding’ for You? A New SEC Rule Could Open Startup Investment to Everyone
Investing in startup cannabis companies is about to get easier for the little guy. And for the little company.
Start-up Launches Crowdfund Campaign, Bringing Hemp Foods and Jobs to America
LOUISVILLE, Ky., March 11, 2016 /Weed Wire/ — Kentucky-based Start-up Hemp Foods America announced today that it has launched a crowdfunding campaign on Indiegogo to purchase viable seed, soil amendments, and other necessary implements needed to bring hemp into organic rotation in Kentucky.
CannaPitch Goes ‘Public’ at California Cannabis Business Expo, March 3-5, San Francisco
CHICAGO, Feb. 17, 2016 /Weed Wire/ — CannaPitch IPO, the legal cannabis industry’s premiere pitch event, will be open to the investing public, bringing true crowdfunding to cannabis companies at the California Cannabis Business Expo, March 4 at the Hilton Union Square, San Francisco.
38 Days Until Howard Leonhardt Discusses Going Public with the Jobs Act and Reg A+
Howard Leonhardt, a state spokesperson in California for the JOBS ACT and Crowdfunding for Startup California, will be speaking in March at the California Cannabis Business Expo.
Med-X, Inc. Aiming to Correct the Course of Cannabis in America with New Insecticidal Soil
LOS ANGELES, Jan. 8, 2016 /Weed Wire/ — Med-X has already taken steps to handle post-legalization America, and they’re doing it by creating a company that can handle every aspect of the medical cannabis industry.
Cannabis Entrepreneur Aims High Society with Apothecarry Case
LOS ANGELES, December 22, 2015 /Weed Wire/ — The Apothecarry Brands LLC, purveyor of high quality cannabis accoutrement, is rallying national support for its inaugural crowdfunding campaign on Indiegogo.
Oregon Licensing Process: Are You Prepared for Financing?
Interested in taking part of Oregon’s upcoming recreational marijuana market? While the entry barriers for dispensaries in Oregon aren’t as high they are in other states, it still takes a sizable investment to enter the business. And to get funding, companies must be prepared.
Colorado Division of Securities Issues Alert on Marijuana Investments
On Nov. 12, 2015, the Colorado Division of Securities issued an investor alert titled, “Are you an Informed Investor? The Next Big Thing.” The alert addressed the popularity of investments in marijuana, binary options and digital currencies.
Cannabusiness Experts Expect SEC Rules Will Matter … Given Time
Randy Shipley, the founder and CEO of CannaFundr.com, is among those who believe that the new SEC rules will “potentially” have a positive influence on the marijuana industry.
Cannabis Growth Capital Conference, Las Vegas, Nov. 10-11—Learn the New Trends in Cannabis Investing and Learn Why What Happens in Vegas Travels the World
CHICAGO, Nov. 9, 2015 /Weed Wire/ — The Cannabis Growth Capital Conference will bring the best public and private investment companies in the industry together at the Westgate Convention Center, Las Vegas, Nov. 10-11.
Santa Cruz Bakeware Takes A Fresh Approach To Household Cannabis Storage With Crowdfunding Launch
SANTA CRUZ, Calif., Oct. 6, 2015 /PRNewswire/ — Santa Cruz Bakeware™ announces launch of the Greenskeeper project on Indiegogo, ending the home storage nightmare for medical and recreational cannabis consumers.
Debt Crowdfunding for Cannabusinesses
Cannabis entrepreneurs may underestimate the potential for debt financing, a topic that will be explored in detail by Scott Jordan, Director of Business Development for Dynamic Funding at the Marijuana Investor Summit on Sept. 16 in Los Angeles.
Equity Crowdfunding for Cannabis in Colorado
Could equity crowdfunding for cannabis take off in Colorado? On July 16, 2015, Colorado’s Division of Securities sent a cease and desist letter to a man who posted ads on Craigslist looking for “high net worth investors to strategically partner with one of the largest MMJ chains in Colorado.” So, no, not for that guy.
Vitamin Weed: Get Healthy, Not High: Big Brother Star Launches Crowdfunding Campaign for Cannabis Book
DENVER, JULY 22, 2015 /Weed Wire/ — Millions of Americans now have access to medical marijuana, but most don’t use it because of stigma and lack of education. Cannabis isn’t just for sick people; it can help you sleep, improve your sex life, get rid of headaches and back pain, and boost your creativity according to reality television star Dr. Michele.
Science Crowdfunding Startup Launches Cannabis Cancer Cure Research Campaign
Science crowdfunding startup Walacea is helping Madrid’s MedicalCannabis Bike Tour to raise the final €85,000 it needs to conduct an independent clinical trial into the effect of cannabinoids on brain tumours.
DisposaBowls Crafting Convenience for Consumers
Let’s face it: it is hard to be a cannabis consumer on the go. Federal prohibition makes it difficult to travel with your cannabis pipes; and even if it was legal on the federal level, would you trust your pipe with the TSA? Most people wouldn’t, and neither would Lauren Ely, CEO of disposaBowls.
StashLogix Launches on May 5, 2015 on IndieGoGo
BOULDER, Colo., May 5, 2015 /Weed Wire/ — Our mission is to set the standard for responsible cannabis use. At the core of our design is an integrated combination lock. We’ve designed this to make the safe storage of cannabis simple. Revolutionize self-regulation.
Crowdfunding Marries Cannabis Startups and Capital
The Marijuana Investor Summit was not short on speakers and panelists offering advice on financing a cannabis business. But many cannabis entrepreneurs learned a grittier lesson in the conference center’s labyrinth-like hallways and the hotel’s lobby bar.
CannaInsider Pictures 10 Ways of Funding and Marijuana Investor Summit
The idea of funding a startup can seem daunting regardless of the field a company chooses to enter. Emerging entrepreneurs in the legal marijuana industry can improve their prospects by becoming well versed in their funding options before pursuing a particular path to capital.
CannaFundr Crowdfunding Platform Delivers Capital to New Frontier Financials
CHICAGO, Feb. 2, 2015/Weed Wire/ — New Frontier Financials, which provides authoritative actionable intelligence and analytics for the cannabis industry, closed out its $250,000 seed round on CannaFundr.com.
CrowdFund Connect has launched several sites, on a one-industry-per-platform system, aimed at connecting investors and their “champions” with entrepreneurs.
Marijuana Investor Summit in Denver April 20-22, 2015
MJINews and Cannafundr.com today announced the Marijuana Investor Summit, which will take place in Denver, following the Cannabis Cup, April 20-22, 2015.
Marijuana Crowdfunding a Fast Emerging Industry to Watch in 2015
Marijuana crowdfunding? Seriously? Who would have thought that cannabis is in the running for one of the hottest 2015 crowdfunding trends?
CannaFundr Merges Crowdfunding and Cannabis
The spirit of the JOBS Act is strong, though its flesh (that is, its actual implementation) is weak. The spirit of that 2012 enactment may have just created an important new conduit for the movement of cash into the growing legal cannabis industry in the United States.
‘Uber for Pot’ Eaze Raises $1.5 Million to Deliver Medical Marijuana
Mobile apps enable nearly anything to be delivered directly to your door. Now you can add marijuana to the list.
Beverly Hills Mom Drives Crowd-Funding Marijuana Venture
Beverly Hills mom Cheryl Shuman may not look like the stereotypical stoner, but she’s hoping her new crowdfunding website will be a driving force to help bring medical marijuana to the masses.
Feds Say Cannabis is Not Medicine While Holding Patent on Plant as Medicine
Emmy winning independent journalist Ben Swann released a video detailing the hypocrisy of the federal government holding patents on medical marijuana, and the health benefits of CBD oil.
Crowdfunding for Marijuana Startups
In a non-cannabis industry an entrepreneur might simply go to the bank for financing, but not so in the marijuana world. Few lenders are ready to do business with a startup whose status is still questionable under federal law. Is crowdfunding an option?