Koresummit Winds Up Cannabis October Reinforcing the Importance of the Ecosystem

Limited free spots are still available for audience; KoreConX´s online event brings pocket sessions throughout the last week to show how cannabis entrepreneurs can use Regulation A (RegA+) and Regulation CF (RegCF) to jumpstart businesses.

The cannabis sector has already been growing steadily for the past few years. According to Grand View Research Institute, market size was valued at USD 13.2 billion in 2021 and USD 16.7 billion in 2022, with a revenue forecast of USD 102.2 billion for 2030, which would represent a compound annual growth rate (CAGR) of 25.5% from 2022 to 2030.

“This sector can absolutely raise money as there is plenty of private capital available,” says Oscar Jofre, CEO and co-founder at KoreConX. “This vertical can help turn this market into a mature ecosystem with our KorePartners. We can even show how companies can accept credit cards for their offerings, providing options to complement wire transfer, ACH and crypto payments,” explains Oscar.

The event

Structured in pocket sessions distributed throughout the week, the event is framed as a journey from offering promotions and attracting investors, through to choosing the regulation best tailored to a company, trades in the secondary market and finally arriving at the word from experts in the business. The sessions will go live daily, from 2 PM to 3 PM ET, from Oct. 24 to 28.

Real Estate

In November, the KoreSummit will be back, with a different vertical: Real Estate. This ecosystem requires special attention, as it has many variables and possibilities. Tokenization, securities offerings and stablecoins are some of the innovations that have revolutionized the segment. More information on the agenda, KorePartners and speakers will be out soon.

About KoreConX

Founded in 2016, KoreConX provides the first secure online infrastructure for private companies to conveniently and compliantly manage every aspect of their capital market activities, from issuing securities to shareholder relations. Investors, broker-dealers, law firms, accountants and investor acquisition firms, all leverage our ecosystem solution. KoreConX also maintains a large online library of educational content to help companies navigate their capital-raising journey.

Cannabis Companies Can Raise Money Using Credit Cards with KoreConX Technology

Whether these companies are using RegA+, RegCF or RegD, they are now able to accept investments via credit cards from investors using KoreConX All-In-One Platform, without the abusive high fees normally charged from companies in this sector

 

KoreConX’s innovative approach to the cannabis ecosystem enables companies to raise money by accepting credit cards. It sounds like a simple solution, but it can actually revolutionize how the sector operates. Using the exemptions of Regulation A+, Regulation CF or Regulation D, companies can easily turn their customers and brand advocates into shareholders.

KoreConX has enabled credit card acceptance and escrow providers in their platform, ending the issue of high fees that were traditionally charged from this sector due to a perceived higher risk and lack of nationwide legalization, especially in the USA. Although legal for medicinal and adult recreational use in some states, there are still obstacles that cannabis companies face regarding their capital needs.

Nonetheless, President Joe Biden’s announcement that all federal convictions for simple marijuana possession were to be pardoned is a milestone in the continued growth of the cannabis sector. According to Grand View Research Institute, market size was valued at USD 13.2 billion in 2021 and USD 16.7 billion in 2022, with a revenue forecast of USD 102.2 billion for 2030, which would represent a compound annual growth rate (CAGR) of 25.5% from 2022 to 2030.

Secure platform

Companies in the cannabis sector had found it difficult to raise capital in the traditional capital markets, making the private capital market a more viable option. KoreConX All-In-One Platform uses its proprietary solution based on blockchain – the KoreChain – to make transactions and shareholder management safe for investors and entrepreneurs.

“Our Platform can be integrated with the company’s URL, making it user-friendly and reducing the risk of taking users to other websites,” explains Oscar Jofre, CEO and co-founder of KoreConX. The innovation for the cannabis ecosystem is the possibility to make customers into shareholders, by making investing easy. “Our partnership with SecureTranz allows the credit card use, as well as providing options to complement wire transfer, ACH and crypto payments,” explains Oscar.

KoreSummit

In a clear display of support for the sector, KoreConX is putting together a team of specialists in their next KoreSummit – Pocket Sessions | Empowering Growth. Covering topics from the preparations to the offering promotion, and choosing the best regulation, panels with sector experts will be available daily, from Oct. 24 to 28. Learn more on the event website.

About KoreConX

Founded in 2016, KoreConX provides the first secure online infrastructure for private companies to conveniently and compliantly manage every aspect of their capital market activities, from issuing securities to shareholder relations. Investors, broker-dealers, law firms, accountants and investor acquisition firms, all leverage our ecosystem solution. KoreConX also maintains a large online library of educational content to help companies navigate their capital-raising journey.

RegA+ 2020 Online Summit #24 March 2020

LEARN THE STEPS TO RAISE CAPITAL FOR THE COMPANY

Bringing all the experts to the convenience of the desktop

 [New York, NY – 24 March 2020 ] – KoreConX is pleased to announce the world’s premier online conference dedicated to Regulation A+ (RegA+) with Keynote by David Weild IV, the Father of the JOBS Act and former Vice-Chairman of the NASDAQ. RegA+ and it’s continued evolution is the culmination of the dream of many thought-leaders for the democratization of capital without losing any of the protections for investors.

RegA+, introduced by the SEC in Title IV of the JOBS Act, outlines the rules for equity crowdfunding of up to $50 million in capital from investors (including unaccredited investors) which the SEC is now looking to increase to $75M USD. 

‘Face Everything And Rise Up’ 

In a world faced with challenges, the Digital Securities Consortium founded by KoreConX and its partners is supporting capital raising by growing companies and start-ups. The members of the Consortium rise up and, with the help of all the partners, bring to private companies this invaluable free online event filled with the nuts and bolts of capital raising.  For companies that would like to learn how RegA+ might be useful for raising capital, this is a must-attend event. There will be lots of advice and guidance from professionals across every discipline required to achieve the capital raising goals.   

The event’s unmatched line-up of speakers, who bring thought leadership in RegA+, will cover end-to-end all the answers that companies in the USA, Canada, and abroad need in order to do a RegA+ offering.  

The line-up includes Sara Hanks, Nicolas Messe, Jillian Soditi, Louis Bevilacqua, Jamie Ostrow, Andrew Stephenson, Nancee Tegeder, Andrew Corn, Vincent Morinelli, Dr. Kiran Garimella, Jason Futko, Etan Butler, Robert Foley, Elliot Chun, Jake Gallagher, Jeffrey Ramson, Steven Marshall, Eric Fischgrund, Jame West, Jonathan Heymann, Mark Roderick, David Gosselin, James Jones, Elliot Chun, and Carl Dawson.

Here is what the RegA+ 2020 Summit will cover:

  • Legal Overview of RegA+
  • Audit
  • Legal RegA+ for Canada based  companies
  • IRA (Individual Retirement Accounts) for RegA+
  • Structure and Strategy of a RegA+ Offering
  • Investor Acquisition & Distribution
  • Legal RegA+ for Company based outside USA, Canada 
  • Role of Broker-Dealer
  • Public Relations, Investor Relations, Social Media, and Press
  • Digital Securities for RegA+
  • Secondary Market (for post-raise trading)
  • Transfer Agent
  • Shareholder Management & Communications

Here’s how to participate in the RegA+ 2020 Summit: Visit the event website to see the agenda, read the bios of the esteemed speakers, and register.

www.KoreSummit.io          #RegA2020      #koreconx

Learn, enjoy, and take the necessary steps from the comfort of home or office.

About KoreConX

KoreConX is the world’s first highly-secure permissioned blockchain ecosystem for fully-compliant digital securities worldwide.

To ensure compliance with securities regulation and corporate law, the KoreConX all-in-one, AI-based blockchain platform manages the full lifecycle of digital securities including the issuance, trading, clearing, settlement, management, reporting, corporate actions, and custodianship. KoreConX connects companies to the capital markets and secondary markets facilitating access to capital and liquidity for private investors.

KoreConX is the first secure, all-in-one platform for private companies to manage their capital market activity and stakeholder communications. Removing the burden of fragmented systems and inefficient tools across multiple vendors, KoreConX offers a single environment to connect companies, investors and broker/dealers. Leveraged for investor relations and fundraising, private companies can share and manage corporate records and investments including portfolio management, capitalization table management, virtual minute book, security registers, transfer agent services and virtual deal rooms for raising capital.  www.KoreConX.io

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Media Contacts:

KoreConX

Oscar A Jofre

oscar@koreconx.io

Webinar Brings together top Reg A+ Lawyer and Issuance Platform on April 30th #24 April 2019

Sara Hanks and Darren Marble will discuss Regulation A+ Capital Raising in the USA

[New York, NY – April 24, 2019] – Aiming to clarify much of the confusion surrounding the Digital Securities industry and the legislation surrounding it, KoreConX presents the webinar “Regulation A (Reg A+) for Issuers: Due Diligence, Disclosure and Compliance Meeting the Requirements of Securities Law”.

Addressing the frequently ask questions; who qualifies to raise capital under the Reg A+, what are the benefits of the regulation, and what are the potential downfalls. Everything lawyers, CEOs and CFOs need to know before, during and after filing for Reg A+ in the United States.

To tackle such a complicated topic, KoreConX brings two experts: Sara Hanks, a top attorney with over 30 years experience in the corporate and securities field and Co-Founder and CEO at CrowdCheck, and Darren Marble, Co-Founder and CEO at Issuance.

“I’m really excited to be part of this initiative. After the approval of the JOBS Act in 2012, we’ve come a long way, but there’s still a great deal of confusion when dealing with Reg A,” says Sara Hanks. “And this legislation is such an opportunity for small and medium enterprises, that it’s crucial for companies to understand it.”

“I’ve had the pleasure to be part of the last webinar and it was such a great experience. We had a positive response from the audience and I’m eager to know what questions the public has in mind for such a complex topic,” said Darren Marble. “This is a great way not only to pass along our knowledge but also to understand what are the main concerns the public have regarding Reg A+.”

The webinar will be held on Tuesday, April 30th, at 11 am EST.

To register for the event, click here: Registration

About KoreConX

KoreConX is the world’s first highly-secure permissioned blockchain ecosystem for fully-compliant digital securities worldwide.

To ensure compliance with securities regulation and corporate law, the KoreConX all-in-one, AI-based blockchain platform manages the full lifecycle of digital securities including the issuance, trading, clearing, settlement, management, reporting, corporate actions, and custodianship. KoreConX connects companies to the capital markets and secondary markets facilitating access to capital and liquidity for private investors.

KoreConX is the first secure, all-in-one platform for private companies to manage their capital market activity and stakeholder communications. Removing the burden of fragmented systems and inefficient tools across multiple vendors, KoreConX offers a single environment to connect companies, investors and broker/dealers. Leveraged for investor relations and fundraising, private companies can share and manage corporate records and investments including portfolio management, capitalization table management, virtual minute book, security registers, transfer agent services and virtual deal rooms for raising capital.

www.KoreConX.io

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