When three Colorado marijuana entrepreneurs made a presentation to 40 Silicon Valley investors last year, it was as though they were discussing something dirty.
On April 4, 2016, Strainz Inc., a national cannabis brand management company, announced that it had raised $8 million, $6 million of which was raised through Series A funding from venture capital and angel investors.
On Feb. 29, 2016, CB Insights released a report on venture capital investments in the legal cannabis industry for 2015. According to the report, VCs invested in 98 cannabis-related deals in 2015, totaling $215.2 million.
Lori Ferrara wasn’t deterred when she walked into her first ArcView meeting and found herself the only female investor among 80 men. She recalls being a little intimidated but took them on “one-by-one” and ended up being the organization’s first female investor.
Steven Trenk entered this industry with more than just a simple interest in marijuana as a market opportunity; he entered as an early adopter with the professional experience to chart his course in legal marijuana.
Back in January, ebbu LLC’s Dooma Wendschuh was embarking on a journey to raise $9 million in venture capital funding.
Every industry is only as strong as the connection between the capital needed to grow and maintain it, and the companies themselves, who allocate that capital to expand new markets, lower costs, add services and improve product offerings.
ebbu LLC is looking to make waves in the growing marijuana market, but first it will have to navigate the tricky waters of venture capital funding in its home state of Colorado.
During the last two fiscal years, investors spent $104.5 million to gobble up stakes in cannabis and cannabis-related companies, according to research firm CB Insights.
Brendan Kennedy wants to build the Coca-Cola of cannabis. The PepsiCo of pot. The Procter & Gamble of ganja.
Peter Thiel, venture capitalist and co-founder of PayPal, is considering a multimillion dollar investment in Seattle-based private equity firm, Privateer Holdings, according to CNBC.
The UpTake: Marijuana startups are all the rage since states began legalizing the herb for medicinal and recreational use. But that doesn’t mean venture capitalists are ready to make the jump.
As American lawmakers legalize cannabis in a handful of states and decriminalize it in others, “potrepreneurs” are emerging from the shadows to bring tech to the cannabis community.
Reggae legend Bob Marley was known to be a fan of marijuana. Now, a marijuana-focused venture capital firm is trying to bank on that tight relationship.
Add nearly 40 Silicon Valley investors, including The ArcView Group, to the list of those participating in the significant infusion of capital into the marijuana business.
Marijuana Investor News estimates total related product sales to be between $50 and $60 billion in the United States. In a new report released on September 26, 2014, MJIN estimates the current market size for U.S. marijuana revenue by state.
James Tao, one of the co-founders of Houston Health Ventures, will explore the potential of establishing a marijuana-specific fund at the inaugural Marijuana Investment Conferences event Oct. 5-6.
Marijuana Incubator Group is now public and seeking to help other weed-related businesses that are also targeted to grow exponentially.
The Mounties seized Tweed’s latest shipment at Kelowna International Airport, but Tweed Marijuana Inc. still had a busy first day on the Toronto Stock Exchange.
Medical marijuana investors in Boston Massachusetts face new rules
Invest in the medical marijuana fraternity and log into a stable customer base
The Beatles were in fine form when they wrote, “The wild and windy night that the rain has washed away … has left a pool of tears crying for the day.
As the legal marijuana bubble continues to expand, a once-secret industry is out in the open and wearing a business suit.
Stocks in CannaVest are soaring high and, as Forbes puts it, “the world’s leading hemp-based investment company”.
Justin Hartfield, the CEO of marijuana review and discussion site WeedMaps is continuing to expand his empire, co-founding marijuana technology venture capital firm Ghost Group.