5 Things Every Cannabis Entrepreneur Must Know About Raising Money

It’s hard enough getting money for a traditional startup, so how do you find funds for a highly regulated and risky market like cannabis? December 2, 2019 3 min read Opinions expressed by Entrepreneur contributors are their own. Raising a round of financing can be a struggle for entrepreneurs in any vertical. It’s an exhausting, emotional, time sink, that requires the entrepreneur to make decisions that will undoubtedly impact their business going forward. Bottom line: It’s anything but easy. Given the regulatory environment and the stigmas still surrounding the cannabis market, raising capital in that industry can be all the more grueling. The list below is meant to share thoughts, feelings and learnings I’ve experienced along the way in my journey of doing so. 1. Choose The Right Partner (Not The Firm) It’s easy for entrepreneurs to get overly excited about big-name firms. The firm name might help with recruiting down […]

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How This Food-Delivery Entrepreneur Pivoted to Cannabis-Delivery

Dispensaries can be confusing and intimidating experiences for consumers. The startup Dutchie makes it as easy as ordering a pizza. February 27, 2019 4 min read Opinions expressed by Green Entrepreneur contributors are their own. Cannabis had just been legalized for recreational use in Oregon, so I and everyone else in my town lined up, sometimes for an hour, outside the busy dispensaries. When I finally got to the counter, I had mere minutes to read the menu and even less time to discuss it with the budtender and make an informed decision. It was a terrible customer experience. That’s when it hit me: What if I could just go online, educate myself about the products available at each dispensary, determine which was right for me, click a button, and have them delivered straight to my home? Related: Her Dad Founded the Emerald Cup and Now She Is Co-Producer of […]

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