Venture Capital Counsel
Trusted Venture Capital Counsel for Investors and Operators
The Law Office of Shay Aaron Gilmore represents startups, growth stage companies, investors, and firms in formation, seed round, and venture capital financing to facilitate early investment opportunities.
When It Comes to Securing Financing, What Challenges Do Those in the Cannabis and Hemp Business Face?
From Shay’s interview for the Master’s series on ReelLawyers.com
When it comes to securing financing in the cannabis and hemp industries, the challenges often stem from legal and regulatory barriers—most notably, the issue of federal illegality. Beyond that, there’s limited access to traditional financing, as many investors remain hesitant due to legal risks and regulatory uncertainties.
Additionally, cannabis businesses that do secure loans often face higher interest rates compared to other industries, largely because of the perceived risks.
The cannabis and hemp industries continue to see interest from venture capitalists, and the quantity of such deals will continue to grow. The Law Office of Shay Aaron Gilmore works with clients from early to late-stage funding, connecting stakeholders with financial institutions, private equity funds, and venture capitalists investing in cannabis industry opportunities. The Law Office of Shay Aaron Gilmore advises startups and investors regarding the following:
- Fund matters and investor relations
- Fundraising
- Identification and due diligence of potential investments
- Investment strategies
- Management incentive and equity plans
- Portfolio company management
Focused on Cannabis and Hemp Industries
The cannabis and hemp industries experience challenges unique to their industries, making it all the more critical for companies and individuals to align with experienced counsel. Most traditional financial institutions continue to not lend to or service cannabis entrepreneurs and enterprises. Helping clients secure capital from non-traditional sources while maintaining airtight legal contracts, The Law Office of Shay Aaron Gilmore assists investors, funds, and operators with the following legal services:
- Valuation matters
- Commercial loans
- Venture capital and business financing arrangements
- Direct investments
- Special purpose vehicles
- Debt collection
- Structuring and negotiation of investment documents
