DGRI intends to launch the site on June 20, 2014 with offerings for five companies. Two companies have already been selected; one is the beverage sector and one that provides ancillary services to the retail sector. The newest company is involved in the CBD nutraceuticals space.
Said Daniel Hollis, CEO of DGRI, "We are pleased with the response that we have seen since our press release. We are seeing companies contact us directly, and we are receiving inquiries from financial intermediaries and referral sources. It appears that we are going to be able to achieve our goal of launching fifteen companies for financing on our platform this year." Each of the sponsored companies is expected to be revenue generating during Q3 2014.
Typically DGRI will receives fees and may participate in the equity of the companies that it features on www.MMJcrowdfund.com. Our strategy is to provide ongoing revenue from the companies that we sponsor, and to increase the value of our holdings through equity in some or all of these sponsored companies.