How Cannabis Companies can get the Reg A Beat

As many in the cannabis space know, reggae music was developed in Jamaica, mostly independent of the music industry’s influence and spin. And Regulation A, as now amended because of the Jumpstart Our Business Startups (JOBS) Act of 2012, will allow companies, including those in the cannabis world, the option to take themselves public with or without the need for a Wall Street underwriter, and certainly without the involvement of the individual states.

The JOBS Act created what most are now calling Regulation A+ (your humble correspondent coined the term at an SEC small business conference) by increasing the amount one can raise in a Regulation A IPO to $50 million and requiring the preemption of state review of most offerings. The SEC implemented the requirements of the JOBS Act in a brilliantly crafted set of rules which became effective June 19, 2015.

As with other IPOs, the filing can be...

Rate this article: 
Region: 

This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.