At Manzuri Law, our California cannabis industry venture capital lawyers represent startups, growth stage companies, investors, and firms in incorporation, seed round, and venture capital financing in creating new structures to facilitate early financing opportunities.
The cannabis and hemp industries have matured to the point where it is no longer taboo for venture capitalists to pump seed money into a cannabis or hemp company. The quantity and monetary valuation of such deals are growing at an exponential rate. Leveraging both our connections and know-how, Manzuri Law assists our clients from early to late-stage funding and connects them to financial institutions, private equity funds, and venture capitalists looking to capitalize on the booming cannabis industry.
Your rights to your cannabis business, and its overall vision can be compromised by a deficient funding agreement that leaves you retaining all the risks associated with its start or growth.
Manzuri Law will be sure to outline each of your venture capital strengths, to best assist in procuring long-term partnerships, including advising on the following:
The cannabis and hemp industries are rife with challenges unique to the industry, and it is important for companies and individuals to align with counsel who have been practicing in this space for decades. Due to delayed acceptance by the federal government, most banks and traditional financial institutions continue to not lend to cannabis entrepreneurs and enterprises. Therefore, it remains vital to secure capital from non-traditional sources while still maintaining airtight legal contracts.
A significant number of cannabis and hemp entrepreneurs tap private funding to start their ventures. Private money can come from savings, friends and family, or hard money which can be easier to access; however, increased risk accompanies these funding options. It is not unheard of for individuals to lose their life savings or encumber themselves via the high rates of hard money loans when they find themselves in a difficult position when a cannabis venture fails. Our attorneys are realistic about funding needs and can assist in mitigating risk by structuring deals to insulate visionaries and their funders.