Hartford Business Journal quoted Senior Manager Drew Richards in an article about alternative financing options for cannabis companies.
Hartford Business Journal
By Skyler Frazer
Drew Richards, a CPA and senior manager at accounting and advisory firm Marcum, said many cannabis entrepreneurs start their fundraising with a friends-and-family round before turning to other options. Many companies don’t want to dilute their equity as they’re starting out, which happens when larger investors come onboard, he said.