Union Electric, California’s leading cannabis brand for a premium flower that’s fairly priced, today announces the launch of its first-ever Regulation CF equity crowdfunding campaign. Union Electric is the first California cannabis company of this stature to offer its customers and the general public an opportunity to invest in one of the state’s fastest-growing cannabis brands to date. Due to the ever-evolving legal status of cannabis in the US, there have been very few opportunities for individuals to invest early on in American cannabis brands — and Union Electric is striving to change this. Regulation CF is an opportunity for community-rich brands like Union Electric to access substantial financing from thousands of people, as well as create a union of stakeholders comprised of lifelong cannabis consumers. This idea resonates deeply with the Union Electric Ethos: collective power and cannabis for all. “Union Electric is rooted in the values of community and transparency. We believe this online public offering is a manifestation of our brand mission by inviting our customers a share in our future growth,” said Max Goldstein, CEO of Union Electric. Union Electric is at the forefront of an accelerating lifestyle and business market; the cannabis market is projected to grow at a compound annual growth rate (CAGR) of 17.8% from 2020 onward.
Mmp News Author, Medical Marijuana Program Connection, 07/02/2021 01:36:00