SARASOTA, FL / OTC Markets / July 25th, 2017
International Consolidated Companies, Inc. (INCC), and Chicago, IL based Fundanna, Inc. join forces to market Cannabis deals on www.Fundanna.com.
Fundanna is committed to helping raise capital in the Cannabis sector through crowd funding including funds from non-accredited investors. Fundanna is uniquely positioned to be the leader in the Cannabis funding from retail investors by taking advantage of its first mover advantage.
The legal Cannabis industry is growing and the capital needed it is not there, mostly because of the Schedule I classification for THC. First, institutional investors cannot legally invest in the space. Second, there is still a stigma associated with Cannabis and Hemp. Third, the Federal government adds extra uncertainty. "There's no regular way to access institutional capital for the cannabis entrepreneur in the U.S., unless you have a rich family member or a strong balance sheet, you've got to bootstrap and that slows the growth of the industry quite significantly." said Hadley Ford, co-founder of iAnthus Capital Management. http://www.businessnewsdaily.com/10002-finance-legal-cannabis-industrytrends.html#sthash.KbH3t4If.dpuf
We estimate 40 million Americans now have the opportunity to invest in the Cannabis/Hemp space. Before Regulation CF, non-accredited investors had very limited ways to invest in early Stage companies. Then, Regulation A+ became a reality giving access to private well established companies.
While the alcohol industry has been down for 7 consecutive quarters, market and industry insiders are forecasting the national legal demand for cannabis to increase to $22 Billion by 2020. (CB Insights) As the fastest-growing US industry, at a combined 32.3% annual growth rate expected through 2021, the cannabis industry is expected to surpass US film industry earnings within five years. (CB Insights) A particular emphasis of the portfolio will be upon financial technology, software, media, transportation, security, compliance, manufacturing, branding, data, lab testing, formulation, and agricultural technology.
"Regulatory" TEST: If a company needs a license from a Medical Marijuana/Cannabis Regulator (state or otherwise) - then that business is not ancillary. Core Opportunity is ANCILLARY CANNABIS.
The introduction of Adult Use in CO and WA has resulted in a 70% year over year compounded Growth rate. New Frontier, a cannabis-focused data firm, concluded the ancillary cannabis market grew 161.2% in 2016. Consulting increased 737%, investment / M&A up 366%, and consumption devices increased 116%. This does not take into account the growth in Australia and Canada, countries that are currently pushing legislation on legalizing cannabis for medical or recreational use.
• Technology: Agricultural Technology, Testing, Track and Trace • Media Online: Online | Print | Subscription Consumer | Industry Focused Trade Show |Educational Forums Seminars | Public Relations Marketing | Advertising • Services: Accounting | Compliance Legal | Consulting Insurance | Financial Advisory • Products: Cultivation Specific Processing | Manufacturing IP | Licensing Consumer facing nonTHC • Data: Consumer Analytics | Forecasting Distribution Purchasing Analytics
“We are excited to assist in marketing and bringing deals to Fundanna. This could prove to be quite lucrative for both companies,” said Antonio Uccello, President INCC.
"I am very excited about our new relationship with INCC. The whole industry should benefit from INCC’s marketing power and deal flow. I think we finally found the missing ingredient for our magic sauce," said Vincent Petrescu, CPA, CEO, Fundanna International.
Consolidated Companies (INCC) was founded in 2002. INCC is focused on acquiring and growing businesses that offer innovation, quality, and cost-efficient Cannabis technologies. Forward-looking disclaimer This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risk and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements to be materially different from the statements made herein. More Information: Antonio F. Uccello, INCC; (720-460-0734),(email@example.com), www.BluDogProducts.com, @BluDogProducts, @FundannaCF, @StJamesRx SOURCE: International Consolidated Companies, Inc.