One wonders why investors continue to pour money into questionable cannabis companies, especially when there are some very fine businesses in the sector that are doing things right, earning profits, and steadily growing revenues.
While Troy Dayton and Steve DeAngelo of the ArcView Group want people to think that it's easy to get a cannabis business funded, the truth is that there are still many hurdles a marijuana entrepreneur faces to attract investment capital. In short, it isn't easy.
The road to attracting investment capital is lined with land mines, and it can be costly, time consuming, and often times, unproductive.
Basically, ArcView allows companies needing capital to pitch for a few minutes in front of "qualified investors." Arcview hosts webinars each week where 3-5 companies pitch as well as a big in-person pitch event at least every quarter.
Other companies, like Poseidon Asset Management, offers loans, short term financing, and convertible notes. When loans aren’t an option, Poseidon commonly turns to a conver...