CT group taking period poverty message nationwide courant.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from courant.com Daily Mail and Mail on Sunday newspapers.
With mainstream banks and credit unions unable to lend to cannabis companies, marijuana entrepreneurs are turning to alternative sources for capital.
Options run the gamut from crowdfunding, venture capital, private equity, and even government support, but the bottom line is access to capital remains a big issue for the industry, particularly startup cannabis companies.
$30M venture cannabis fund offers window into recreational marijuana industry s financing options hartfordbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hartfordbusiness.com Daily Mail and Mail on Sunday newspapers.
Two years after acquiring Greater Hartford-based electric vehicle charger manufacturer and distributor JuiceBar, Paul Vosper is preparing his company for a major ramp up.
JuiceBar formerly based in Hartford but with present-day operations in East Hartford and Norwalk plans to approximately double its 21-person staff in the year ahead. Its contract manufacturing provider in Oxford will also likely double its 20-person workforce.
“Our aspiration is to be the largest charging company in the country,” said Vosper, who was in the finance industry before his 2018 purchase of JuiceBar. “That mantle is up for grabs.”
Officials at Enfield-based EVSE LLC, a fellow homegrown electric vehicle charger maker, are feeling the same enthusiasm.