Welcome to Tons Talk Episode 2, where Anthony Alegrete of 40 Tons Brand sits down with Dr. David Cunic of UCS Advisors to discuss the do’s and don’ts of raising capital in the cannabis industry.
This episode is sponsored by Hemper and Owls Oil and was shot at the Haze TV Network in Los Angeles, CA. Dr. Cunic provides insight into what to look for and run from in regard to cannabis financing.
Dr. Cunic’s journey in the cannabis industry began in 1999 when Maine legalized medical cannabis. With over two decades of experience in the industry, Dr. David Cunic is one of the top cannabis investment advisors in the business. During the episode, he shares his insights on the current state of the industry and the various challenges faced by cannabis businesses in raising capital.
One of the key takeaways from the episode is the importance of having a solid business plan before seeking investment. Dr. Cunic emphasizes the need for entrepreneurs to do their due diligence and thoroughly research their target market, competition, and regulatory landscape. He also advises against overvaluing your company and recommends seeking out investors who share your vision and values.
Another important topic covered in the episode is the impact of federal legalization on the cannabis industry. Dr. David Cunic predicts that federal legalization will lead to an influx of institutional capital into the industry and will open up opportunities for cannabis businesses to access traditional banking services.
The second episode of the Tons Talk podcast provides valuable insights for entrepreneurs looking to raise capital in the cannabis industry. Dr. Cunic’s extensive experience and expertise make him a valuable resource for anyone seeking guidance in navigating the complex world of cannabis investment.
Tons Talk Episode 2:
Dr. David Cunic Of UCS Advisors
www.tonstalk.com
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More info on Dr. David Cunic
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