Ep 366 - How To Use Equity Crowdfunding To Launch Your Cannabis Business

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By Matthew Kind. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

While not the most traditional path, equity crowdfunding can be a great way for cannabis brands to raise capital - but only if know what you’re doing. Here to walk us through how she’s successfully crowdfunding her CBD wellness brand is co-founder and CEO of Element Apothec Davina Kaonohi.

Learn more at https://elementapothec.com

Key Takeaways:

[1:05] Davina's background in e-commerce and how she came to start Element Apothec

[5:49] How Davina took inspiration from her aunt's homemade tinctures to formulate Element's CBD products

[7:48] Why Davina turned to equity crowdfunding and how she's successfully targeting investors

[11:36] Equity crowdfunding vs traditional crowdfunding

[13:38] How to create a killer marketing campaign through storytelling

[17:54] Element's efforts to bring transparency to CBD and do away with sketchy "proprietary blends"

[24:04] Davina's goals to grow Element's product selection and expand the company over the next few years

[26:02] Where Davina sees the CBD skincare space heading over the next 3-5 years

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