Cannabiz Crowdfunding - Oregon - International Cannagraphic Magazine Forums

Crytycl · 09-28-2015, 04:34 PM

Has anyone had any experience with the new oregon crowdfunding program. In the past month Ive been approached by 2 dispensaries and a farm with offerings. Neither of the dispensary options seemed worth bothering with, in fact one is looking for a new location now after I disqualified their current intended location. The farm, I was a bit disappointed that this crowdfund thing has such a low investment ceiling. Though I guess the idea is that 10 $2500 investments are less likely to lose your savings than a single $25k investment.

Anyway I was just curious what anyone else who had looked at one of these deals thought.

Heres the pertinent program info if youve never seen nor heard of it

https://www.dfcs.oregon.gov/securitie...e_capital.html

New rules allow Oregon-based companies to raise up to $250,000 from Oregon investors to start new businesses or fund existing operations. Like the renewable energy exemption, this rule allows the sale of these investments without registration or licensing a salesperson.
To use the exemption, the company must meet requirements such as:

The company must be registered and doing business in Oregon and the securities can be offered only to Oregon residents.
The company can provide limited advertising to Oregonians on the investment, and if an Oregon investor wants to learn more, the company must provide formal disclosures.
An investor must receive and review the disclosure documents before an investment decision becomes final.
No single investor can invest more than $2,500 in any one investment.

09-28-2015, 04:34 PM	#1
Crytycl Newbie Join Date: Aug 2015 Posts: 29	Cannabiz Crowdfunding Has anyone had any experience with the new oregon crowdfunding program. In the past month Ive been approached by 2 dispensaries and a farm with offerings. Neither of the dispensary options seemed worth bothering with, in fact one is looking for a new location now after I disqualified their current intended location. The farm, I was a bit disappointed that this crowdfund thing has such a low investment ceiling. Though I guess the idea is that 10 $2500 investments are less likely to lose your savings than a single $25k investment. Anyway I was just curious what anyone else who had looked at one of these deals thought. Heres the pertinent program info if youve never seen nor heard of it https://www.dfcs.oregon.gov/securitie...e_capital.html New rules allow Oregon-based companies to raise up to $250,000 from Oregon investors to start new businesses or fund existing operations. Like the renewable energy exemption, this rule allows the sale of these investments without registration or licensing a salesperson. To use the exemption, the company must meet requirements such as: The company must be registered and doing business in Oregon and the securities can be offered only to Oregon residents. The company can provide limited advertising to Oregonians on the investment, and if an Oregon investor wants to learn more, the company must provide formal disclosures. An investor must receive and review the disclosure documents before an investment decision becomes final. No single investor can invest more than $2,500 in any one investment.
	Quote