Cheryl Shuman has launched of a cannabis business crowdfunding platform dedicated to helping companies raise capital for Marijuana associated projects. CannaDabbaDoo wants to create a business crowdfunding platform that enables companies to raise capital from investors, customers, and friends.
Cheryl Shuman, is a self described cannabis expert and founder of the Beverly Hills Cannabis Club. Her agency boasts a solid roster of A list stars including: Tome Cruise, Madonna, Demi Moore and many others. In 2006 her personal battle with cancer led her to use Marijuana as a therapeutic treatment. The associated publicity led to an entirely new business line. With an increasing number of states legalizing usage of the plant, Cheryl believes there is unique opportunity in the new “budding” industry.
Cheryl commented on her new venture;
The legal marijuana market is estimated to grow 64% to $2.34 billion in 2014 from $1.44 billion. Research clearly shows that investors are ready to dive in. Investing in marijuana is becoming mainstream. Cheryl Shuman estimates she generated $537 million worth of earned media having an impact on shifting the course of overall public opinion.
CannaDabbaDoo is one of the first platforms for cannabis business crowdfunding. The company states they “take relationships very seriously”. Cheryl has been described as the “Martha Stewart of Marijuana” – and clearly wants to further that theme.