Jan 5, 2018
Marijuana startups raised a record amount of cash in 2017
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American cannabis startups raised a record amount of venture capital last year, with 69 companies snaring nearly $274 million, according to PitchBook.
Why it matters: Many VCs are betting that marijuana legalization is on an expansionary path, but Attorney General Jeff Sessions yesterday reversed an Obama-era policy that had allowed states to legalize without much federal government interference.
