Jun 22, 2019
VCs (heart) pot
Venture capital is flowing steadily into hemp and cannabis companies, with investor enthusiasm growing as the number of legal markets for marijuana and CBD expands.
Details: Dollar volumes are already at a peak this year, and the number of deals may also set a record before 2019 comes to a close.
- "It seems that startup opportunities in the cannabis industry are growing at the same pace as the number of unique ways to consume pot, from manufacturing cannabis-infused chocolates to developing a drug discovery platform to distributing marijuana vaporizers," according to PitchBook Data.