Founded in 2010, angel investment network The Arcview Group offers a window to gauge investor interest in legalized marijuana. Arcview’s network has invested $125 million in 157 cannabis-sector companies since 2013; membership in the network starts at $2,500. It plans to launch its own venture fund by the end of 2017.
The three most exciting areas on the tech side are AI, AR/VR, and legal cannabis. To that end, at our annual VCs on Skis event last week, there were two panels: one on AI and I led a panel on the legal cannabis industry.
On Oct. 28, 2016, hundreds of interested investors and contractors attended a public medical marijuana forum hosted by the Louisiana State University Agricultural Center, one of two state-sanctioned medical marijuana cultivators.
Cannabis cultivation need not be disorganized or dirty. And yes, this gives a whole new meaning to a “seed round.”
A California investor claims marijuana chocolates brand Altai swindled him out of $750,000 under false pretenses. The CEO allegedly used the money on private jets and fancy hotels.
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.
The ArcView Group, one of the best known investment groups focusing on marijuana investments in the United States, has named Leslie Bocskor, the CEO of Electrum Partners as its “Outstanding Investor Member” of 2015.
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.
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.
Mobile apps enable nearly anything to be delivered directly to your door. Now you can add marijuana to the list.
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.
Garyn Angel had five minutes to make his pitch to five wealthy investors on why they should fund his marijuana startup. “We have 133,000 Facebook followers,” said Angel, president and CEO of Seattle-based Magical Butter, which sells cookware to make marijuana-infused butter, oils, sauces or lotions. “We’re looking for $2 million to $3 million.” Read…
More than 200 high net worth investors from around the world eager to invest in the fast-growing legal marijuana industry will gather at the Denver Center for the Performing Arts Grand Seawell Ballroom for a Shark Tank-like pitch forum on Monday, June 23rd hosted by The ArcView Investor Network.
Colorado Supreme Court orders lawyers may advise on marijuana matters
As the legal marijuana bubble continues to expand, a once-secret industry is out in the open and wearing a business suit.
ArcView Group: A network suited for an angel.
Angel investors are supporting a market where the grass truly is greener.
Angel investing in the cannabis space has become so popular that official Angel Networks are being formed.