SVB’s collapse sends shockwaves through tech startup industry
For tech startups, Silicon Valley Bank wasn’t just one of the banks you could work with, it was the one bank you wanted to work with. So many tech unicorns banked there, and also received loans from SVB, that banking with SVB became like the t-shirt and hoodie combo — just one of the signs […]
CannaTech: How Technology is disrupting the Cannabis industry
Happy 420! 🎉🌿 Cannabis is a booming industry, with more and more countries and US states legalizing its medical and recreational use. According to a recent report by Grand View Research, the global legal cannabis market size is expected to reach $USD 84 billion by 2028, growing at a compound annual growth rate of 14.3%. […]
Raising Capital as a Cannabis Company or Marijuana Related Business
It can be nearly impossible for a cannabis or marijuana related business to obtain a traditional loan. As a result, cannabis and marijuana related businesses must rely on alternative avenues for raising capital and growing the business, including bootstrapping, crowdfunding and private equity raises.