CANNAINVESTOR Magazine U.S. Privately Held Companies May/June 2018 | Page 175

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See you next month!

Patrick W.H. Garrard

[email protected]

www.pwhgarrard.com

A sustained and successful capital cadence raises investor confidence and subsequent recommendations to others. Determining a timeline for liquidity is the cornerstone of capital raise decision-making, and a plan created with financial rigor is useful for management and investors alike. While the preservation of liquidity is of primary importance, this is best balanced by the desire to retain ownership and control. When and how to raise money are amongst the biggest challenges for any business, and preparation is paramount to the capitalization of the arrival of opportunity.

Chance often favors the prepared