Med-X Paves Way for Cannabis Industry Growth with Crowdfunding Campaign


Cannabis companies are starting to use a new set of funding regulations to revolutionize the way people invest. And as a result, virtually anyone can now get in on the ground floor of the green rush thanks to Med-X. Last summer, the Securities and Exchange Commission (SEC) came up with a new set of regulations that makes it possible for startups to generate funding by using crowdfunding. The new rules are called SEC Regulation A+, or SEC Reg A+ for short. Here’s very generally how it works: A startup company can run a Kickstarter- or Indiegogo- like campaign where they explain their offerings to the public and attempt to drum up interest from possible investors. But people interested in funding the company don’t actually invest money yet. Instead, they basically add their name to a list of potential investors. The company is then able to use this list as concrete evidence of how many people are interested and how much people are willing to invest. Once the company has gathered all this information, it can then begin selling equity to investors using a licensed broker dealer. RELATED:  Legal Pot Production in U.S. Means Less Profit for Mexican Farmers and Drug Cartels To put it simply, SEC Reg A+ could benefit small-time investors as well as smaller companies by giving everybody a more direct shot at getting into the game on the ground floor. And a few innovative cannabis companies are now taking advantage of all this. In particular, Med-X, Inc. has started paving the way for revolutionary crowdfunding investment in the cannabis space. Med-X is a California-based cannabis company. They focus on developing all sorts of the behind-the-scenes work that goes into actual marijuana cultivation. They also run a publication to educate the public about the marijuana industry. They’ve invented an all-natural pesticide that’s been approved for use on legal marijuana crops. And they cultivate and test cannabis, looking for ways to maximize safety and potency. And now, they’ve launched an SEC Reg A+ crowdfunding campaign. The company sees this as yet one more way to tap into the diversity and huge potential of the broad world of cannabis. Investors of all sizes can now get in on the cannabis industry. And at the same time, Med-X will gain the funding it’s looking for to continue expanding its work to grow revenue. RELATED:  Experts Say Cannabis is “One of Greatest Investment Opportunities of Our Time” “Crowdfunding makes it a lot easier for cannabis start-ups to access the capital needed to grow their business,” explained the CFN Media Group. “But of equal importance, it allows everyday Americans to participate in the enormous potential upside within the cannabis industry.”

Source: Med-X Paves Way for Cannabis Industry Growth with Crowdfunding Campaign

Advertisements

Your comments & opinions are most welcome!

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s