What Cannabis Investors Want: An Inside Look at Capital Raising with the Panther Group
What Cannabis Investors Want: An Inside Look at Capital Raising with the Panther Group
With the legalization of recreational Cannabis happening quickly for many states, and the influx of new businesses that have followed, it’s no surprise that investors far and wide have wanted to get a piece of these startup companies. Investors will supply much-needed early capital and strategic advice in exchange for a sizable return on their investment later on.
Accountants play a vital role in raising capital for Cannabis companies by keeping the books organized and clean, and communicating with investors to ensure that deadlines are met and the business is profitable.
On this episode of The Cannabis Accounting Podcast, Andrew Hunzicker, CPA sits down with Jordan Tritt, CEO and co-founder of The Panther Group, an investor and Cannabis company network, to provide perspective on what Cannabis investors are looking for and what Cannabis accountants can expect when helping their clients raise funds.
Topics discussed include:
🌱 Current market and projected trends for Cannabis investors: although it’s always a challenge for Cannabis companies to attract committed investors, there’s more capital available than ever for this industry and we’ll discuss the likelihood of a company acquiring capital in today’s market and in the future (as long as the right team, advisors plan, and strategy are in place)
🌱 Major keys investors are looking for in potential Cannabis businesses: gain critical insight from an active investor in the space on what investors are looking for in a potential Canabis company, from airtight financials to execution and projections
🌱 The biggest piece missing from Cannabis capital raise structures and strategies: learn the one mistake most accountants and businesses tend to make when trying to raise capital to ensure you position your client for success in their fundraising ventures (hint: it has to do with an understanding of each complex Cannabis regulation and how much time you spend making sure every detail is accounted for)
🌿 Check out The Panther Group here:
LinkedIn: https://www.linkedin.com/company/thepanthergroup/
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Twitter: https://twitter.com/panthergroupllc
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or download your FREE “Accountants Guide to Managing Your Client’s Cannabis Accounting Needs” at http://bit.ly/384XNdJ
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