CANNAINVESTOR Magazine Privately Held Companies January 2018 | Page 168

At the end of November 2017, True Leaf Medicine International Ltd. (CSE: MJ) (FSE: TLA) (OTCQB: TRLFF) announced that it was raising money via a tier 2 A+ Crowdfunding. This is not typical of a publicly traded marijuana company. And this likely has sparked some potential investors interests into the crowdfunding world of this sector. Typically we would expect to see raises done through traditional means such as a private placement for example. What makes this rather unique for True Leaf’s CF (and similarly applies to CF in general) is that there is no need to be an accredited investor (not that there's anything wrong with being one, you can participate too). If you are just a typical average Joe or Jane, working

to make ends meet and have a little extra cash here and there and you are looking to squirrel away and invest you could easily do so with CF. True Leaf has a minimum investment amount is $350.00 USD. If you are interested in finding out more about this, the press release can be found here:

https://www.trueleaf.com/blogs/

news/sec-qualifies-true-leaf-offering-

for-equity-crowdfunding

There are regular CF means available too. We could take a look at Fundanna for example. This site host a variety of companies with CF opportunities within the marijuana sector. The process through non-SEC CF is much simpler for you as an investor and the minimum amounts to invest can be as little as $100.00 USD. And When I refer to the SEC process as not being simple, we are talking about a lot of button clicking and reading, and scrolling and clicking...so on and forth before it is all said and done.

168