Arcview Capital today announced the launch of its equity crowdfunding platform which is expected to go live by the end of the second quarter. The platform is currently accepting applications and will focus on cannabis and other adaptogenic plant-based businesses like psychedelic plant medicines.
“We’re excited to continue to be a thought leader on investing and capital raising in this industry. Our goal is always to provide new services that best support the business of cannabis,” says The Arcview Group’s CEO Jeffrey Finkle. “Today, Arcview Capital expands the power of our ecosystem with this new financial vehicle, benefiting companies seeking private investments in an environment where risk needs navigation but the opportunity is nearly limitless.”
With the addition of this full-service crowdfunding platform, Arcview Capital said it continues to expand upon its strategic partnership with trusted industry leader, The Arcview Group, to make investing in cannabis and other plant medicines uniquely simple.
“This is a full-service crowdfunding platform that is focused primarily on the cannabis industry. We are, to our knowledge, the first broker-dealer to offer such a focused crowdfunding platform in cannabis,” adds Arcview Capital CEO Philip Rothman. “Since its official introduction as a financial vehicle in 2015, crowdfunding has become a major force in raising funds, surpassing $2.5 billion in equity raised in the United States. It’s ideal for the cannabis space as crowdfunding enables both small and large investors to buy an interest in a company and support that company as it grows. With this launch, we further expand the capabilities of the Arcview ecosystem to support our clients where they need it most.”
Arcview Group was created in 2010 by Troy Dayton and Steve DeAngelo. It raised millions of dollars for cannabis companies through its investor network. Back in 2010, cannabis companies mostly had to turn to private money for funding and investments and Arcview was the leader in the space. Dayton had been the long-time CEO but he was replaced with Kim Kovacs, who has since moved on to Santa Fe Farms. Finkle was named CEO in June of last year. Finkle led Arcview Ventures as CEO and co-founded The Arcview Collective Fund in 2018.
The company has experienced numerous changes and now the Arcview Group is a parent to several segments, each with its own focus. Arcview Capital, Arcview Consulting, Arcview Events, Arcview Ventures, and Arcview Marketing Services.