CANNAINVESTOR Magazine U.S. Privately Held Companies April 2018 | Page 77

To read more on Crowdfunding,

Check out last month's article titled "Crowdfunding in the MJ Sector"

January 2018 CI Mag

1) Big picture: One of the best known and biggest advantage of privately held companies is that they are not any pressure to make things happen right away to please shareholders in the near term. Privately held companies have the luxury of being able to step back focus on the bigger picture for the long run. Take a look at publicly traded LGC Capital Ltd. that had initially stated it was looking into taking a steak with business with House of Hemp. The company announced that they have terminated this contract. Click here for details. If LGC wasn’t being so driven to please shareholders with continuous news releases then perhaps it may not have encountered this scenario. Of course, mishaps can happen to privately held companies too, but the privately held companies have the luxury of being able to consider the bigger picture.

77

PROS