$10M Cannabis Co. Launches Crowdfunding Campaign With Minimum Investment Of Just $100

California brand Union Electric has launched a Regulation Crowdfunding (CF) campaign with the crowdfunding platform Republic. Investors can own a stake in the company, valued at $10 million during its prior seed funding round, for as little as $100. 

While many cannabis brands are going after new consumer segments, Union Electric services the core cannabis consumer, the everyday smoker, offering premium and affordable from California’s top cultivators.

The company also has an asset-light business model. Rather than owning expensive infrastructure, Union Electric has invested in building relationships and alliances with leaders across the value chain. This gives it the ability to remain nimble and adapt …

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