Joining 24 states and the District of Columbia, legalized medical cannabis has come to Pennsylvania. If even less than 1 percent of its 12.8 million residents participate, the commonwealth’s medical marijuana program will be populated by more than 100,000 card holders, which leading trade publication Marijuana Business Daily estimates will generate $100 to $150 million in annual sales revenue.
While awaiting for Pennsylvania to promulgate it’s process-governing-regulations, grow and dispensary applicants must consider what funding choices exist, when ”ceding control in exchange for financing” is preferable, and whether out-of-state investing will be allowed.
Debt Versus Equity Marijuana Funding
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