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CannabisCares (CC) is an early-stage company creating app-based buyer's guides for the cannabis retailing industry. CC has three founders; each has been issued 100,000 shares
CannabisCares (CC) is an early-stage company creating app-based buyer's guides for the cannabis retailing industry. CC has three founders; each has been issued 100,000 shares of stock. Two investors have put money into CC; one owns 150,000 shares and one owns 200,000 shares. CC is authorized to issue up to 10 million shares. A new investor wants to purchase a 10% interest in the company. How many shares will the company need to issue to the new investor
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