To read more on Crowdfunding,
Check out last month's article titled "Crowdfunding in the MJ Sector"
January 2018 CI Mag
79
3) I’ll do what I want: OK, well privately held companies can’t party every day and expect the gains to rain up them, however, they are freed up from the rigid rules and guidelines that publicly traded companies must go through. There is no obligation to produce accounting rules and standards as laid out by the SEC. This is not to say that this is skipped, but there is less pressure to meet deadlines whereas these financial are likely not meant to be the company's priority when they are more so working on securing deals and buyers for there cannabis. After all, there is no need to provide any accounting if there is no business. I think that for most business and investors they would prefer that companies spend more time either doing research and development, expanding, marketing, and business deals as opposed to making sure the numbers fit precisely in a someone else's cookie cutter box.
Conclusion
In conclusion, we can deduce that some of the setbacks within the privately held cannabis space are finding ways for the company to issue its shares and gather attention towards itself. In addition to this it is also very much a less liquid market and investors are not able to move as quickly in and out as need be. However, we do have many positive aspects about privately held companies (likely the reason you have tuned in today) as well. For starters, privately held companies can simply focus on the bigger picture. In addition to this, they are under no obligation to spread all of their plans with competitors nor are they held to the same rigid financial standards that publicly traded companies are. We hope you have enjoyed our take on the high-level pros and cons of publicly traded companies, and hope this helps you focus on the bigger picture of your cannabis investments.