SAN FRANCISCO, April 7, 2017 /PRNewswire/ -- HelloMD, one of the nation's largest community of medical cannabis patients, experts and trusted brands, announced today that it has partnered with SeedInvest, the foremost online investing platform, opening an investment opportunity in the company to any and all interested parties. HelloMD will be accepting live investments on SeedInvest.com starting this Friday, April 7th at Launch Festival in the Innovation Hangar & Palace of Fine Arts Theatre in San Francisco.
Launch Festival, founded by Jason Calacanis and now in partnership with SeedInvest, is one of the largest startup events in the United States. Attended by over 12,000 investors and founders from around the world, Launch showcases pioneering startups from a variety of industries. SeedInvest conducts an extremely rigorous due diligence process whereby only 1% of all applicants make it on to their platform. HelloMD will be one of few startups sanctioned to raise capital in real-time during the event directly from attendees, and one of the very few representing the cannabis industry.
"We are thrilled at our partnership with SeedInvest and the opportunity this brings to all supporters of cannabis who may be looking to invest in the industry but until now were unable to do so," said Mark Hadfield, CEO and co-founder of HelloMD. "We have been working closely with SeedInvest to present this opportunity, and after undergoing a demanding vetting process are eager to bring the investment live."
Following decades of prohibition, attitudes towards cannabis are rapidly changing. According to Forbes, the legal cannabis market was worth an estimated $7.2 billion in 2016 and is projected to grow at a compound annual rate of 17%. Total market growth is predicted to exceed $24 billion by 2020.
"As the old stereotypes and back alley transactions fade away, new cannabis products are appearing and new professional operations are stepping in making cannabis one of the fastest growing and hottest markets to invest in," said Hadfield. "But, if you're an individual investor, your options to invest, until now, have been very limited."
Additional information on participating in the HelloMD investment opportunity can be found here.
HelloMD is one of the nation's largest virtual community of medical cannabis patients, experts and trusted brands. Medical cannabis consumers from across the globe can ask questions online, get answers quickly from doctors and experts, or research cannabis solutions from leading product manufacturers. The platform also provides its members easy, convenient online video access to physicians (daily, 10:00 a.m. – 7:00 p.m. (PST)) for medical cannabis consultations, recommendations to qualifying patients, product advice and more. For more information about HelloMD, or to join its 150K-member community, visit www.hellomd.com or follow us on Facebook (@HelloMDcompany) and Twitter (@HelloMD_com).
SeedInvest is a leading equity crowdfunding platform that provides high-quality startup investment opportunities to investors who haven't previously had access to them. SeedInvest was founded in 2012 by former professional investors Ryan Feit and James Han and is located in the heart of New York City's entrepreneurial community. For more information please go to www.seedinvest.com and follow us on Twitter @seedinvest_co.
HelloMD is offering securities under Regulation CF and Rule 506(c) of Regulation D through SI Securities, LLC ("SI Securities"). The Company has filed a Form C with the Securities and Exchange Commission in connection with its offering, a copy of which may be obtained here https://www.seedinvest.com/hellomd/series.a.
Jennifer Price / Michael Litchfield
T: 609-638-2558 / 415-793-6618
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