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The cannabis and medical marijuana industry here in Ohio is booming. However, it’s still a relatively new industry. That, coupled with the fact that laws regarding marijuana are constantly changing, means that some investors can be hesitant to invest in a cannabis-related business. Fortunately, there are plenty of ways to find investors and ease their concerns.
Starting a Cannabis-Related Business
Getting any start-up off the ground can be tricky. But when you add in the complex nature of cannabis laws, building your business can be that much more difficult.
If you’re interested in starting a cannabis business, reach out to The Meranda Law Firm LTD. As a full-service business law firm, we’ve been helping entrepreneurs in Ohio understand and navigate the cannabis business.
Finding Investors Begins with Education
Cannabis investors can be found virtually anywhere across the country. Some of the best places to find investors are through online groups (even LinkedIn offers plenty of groups for networking), cannabis industry events, and friends and family.
Some investors may be hesitant to enter into the cannabis business because they don’t understand the laws regarding the growth and sale of medical marijuana. But with The Meranda Law Firm LTD in your corner, we can help ease investor worries by guiding you and your investors in several aspects of the business, including:
- Why/how your cannabis business can legally interact with investors
- How you can use investor money to improve or run your cannabis business
- How to address investor questions regarding company management, goals, etc.
- Determining fair or optimal investment shares
- Regulatory compliance concerned with investor relations and dealings
Whether your business involves cultivating, running a dispensary, testing, processing, caregiving, or patient relations, our licensing and legal services extend to all aspects of a cannabis-related business. Call (614) 707-4239 or contact us online today for a free consultation.