CrowdGather, Inc. (OTCQB:CRWG) today announced that Todd Winter, Managing Partner, WINTER LLP, will serve as a member of CrowdGather’s advisory board complementing the backgrounds of existing advisory board members from the technology sector with his expertise and network of contacts in the cannabis business sector.
Sanjay Sabnani, Chairman and CEO of CrowdGather, Inc. announced:
“We are honored to have Todd join our team as we seek to attract the best cannabis investors and startups to participate on CrowdGather’s crowdfunding platform which we are designing in the hopes of launching next year. With Todd’s help, we will work towards meeting the needs of this rapidly growing yet highly complex ecosystem of companies, investors, and regulators to the best and most profitable outcomes within our capabilities. We are excited by the opportunity and gratified by Todd’s vote of confidence in accepting this appointment.”
“CrowdGather’s strategy addresses two unmet needs for cannabis startups: access to reliable sources of capital and digital marketing strategies with global reach. First, crowdfunding tackles the hugely inefficient process of matching transparent sources of capital with timely funding opportunities; a process further complicated by limited access to banking, regulatory issues, and the legal and jurisdictional complexities prevalent in cannabis business and formative transactions. If properly executed, crowdfunding can be a big help. Next, traditional media companies are not yet ready to work with the vendors and merchants in this burgeoning new economy; there is a huge opportunity for smart and aggressive consolidation here.”
Prior to founding WINTER LLP, Winter served as General Counsel to Kittrich Corporation for seven years at its worldwide headquarters in Southern California. Kittrich is a multi-national privately held consumer-products company with offices located throughout the U.S., Canada, China and Hong Kong and has over 500 employees.