There is only one thing that is for sure in the cannabis industry. You will not get a loan from a traditional bank to open your dream cannabis dispensary or retail shop. No way. It’s not going to happen under existing federal prohibition.
Your choices are borrowing money from friends, family, relatives, or that rich uncle that loves you. If you strike out with those options and you’re coming up short on funds, there is another option. Investors.
Cannabis entrepreneurs have tapped into millions of dollars to start up their cannabis businesses. There are investors who are willing to lend.
On March 23, 2018 a unique conference event will be happening in St. Louis. Cannabis industry leaders are coming to speak specifically about the business of cannabis in Missouri. New Approach Missouri is partnering with the Missouri Cannabis Industry Association (MCIA) to conduct the first conference of its kind in Missouri.
Missouri is virgin territory. It’s a clean slate waiting to be developed. With the New Approach Missouri ballot initiative, cannabis business licenses can only be issued to Missouri residents and business entities with no less than a year of residency. No out-of-state entities can apply for a business license in Missouri. Legal medical marijuana will bring opportunity for Missourians.
Missouri will have to grow its own cannabis industry from scratch. It’s critical for any Missouri cannabis business to hit the ground running. Missouri cannabis entrepreneurs will have licensing, business strategy, funding, compliance maintenance, facilities layout and operational plan tasks to complete with no room for mistakes or missteps.
The speakers at this conference have invaluable experience with legal cannabis businesses. Attendees to the MCIA conference will quickly gain knowledge from experts who’ve “been there” and “done that.” Take the next step towards operating a cannabis business and attend the MCIA conference March 23, 2018 at City Place Hotel in downtown St. Louis. The event will begin at 9:00 am and the ticket price includes lunch and entrance to the expo.
The featured speakers at this conference include:
Aaron Smith, Co-founder and Executive Director of the National Cannabis Industry Association. Smith worked as an advocate with Safe Access Now and held the California State Policy Director role for the Marijuana Policy Project.
John Downs, ArcView Group. The ArcView Investor Network has more than 600 high net-worth dues-paying investor members who have pumped more than $150 million into 160 cannabis-related ventures and put more than $3M towards the legalization effort.
Mark Slaugh, Founder and Chief Executive Officer of iComply, LLC., provides comprehensive compliance support and infrastructure development for cannabis businesses to operate within government regulatory frameworks.
John Foley, Chief Financial Officer of MediPays, financial services for the cannabis industry. MediPays helps cultivators, dispensaries and product processors bank and electronically manage their money.
Additional scheduled speakers include:
Coltyn Turner, Patient Advocate.
John Payne, Campaign Director for the New Approach Missouri campaign,
Jack Cardetti, Spokesperson for the New Approach Missouri campaign
Mitch Meyers, CEO of BeLeaf, Missouri CBD dispensary license holder.
Greater St. Louis NORML is a co-host of the MCIA conference. Ticket prices:$175.00 through March 12th. $200.00 Regular price admission. Special City Place Hotel rooms are available. All the proceeds from this conference will go to New Approach Missouri. Secure Tickets Here.