There’s a massive Canadian marijuana news story that we’ve been following for over a year here at Money Morning. The news could lead to the Canadian cannabis industry growing by 400% in just four years, and you can profit by getting in right now…
Tag Archives: Venture Capital
MJIC Inc., the company behind the much-discussed Marijuana Index*, tracks U.S. and Canada-traded weed stocks and has been used as the base for the main cannabis ETFs out there. However, the media seems to have emphasized only one of the company’s multiple business segments.
On May 23, 2017, Hound Labs Inc., a marijuana breathalyzer company in Oakland, announced that it has closed its Series B round of financing with $8.1 million from Benchmark, a California-based venture capital firm that has made successful early-stage investments in companies like Uber and Snapchat, among others.
OAKLAND, Calif., May 23, 2017 /Weed Wire/ — Hound Labs, Inc., creators of the patent-pending Hound® marijuana breathalyzer, announced today that Benchmark invested $8.1 million in the company.
While it is still difficult to invest directly in legal pot through public equities, venture capital firms and private equity funds have raised hundreds of millions of investment dollars.
We recently took a trip around the Pacific Northwest to do some “research” into the legalization of marijuana in the United States and cannabis startups. What we saw was shocking to say the least. In a good way.
Those who dare, win — or so the saying goes. Or, in other words, taking big risks can yield big rewards. That’s what makes the world of venture capital so exciting, or, for the rest of us, a trip to the roulette table.
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.
Interested in taking part of Oregon’s upcoming recreational marijuana market? While the entry barriers for dispensaries in Oregon aren’t as high they are in other states, it still takes a sizable investment to enter the business. And to get funding, companies must be prepared.
Entrepreneurs don’t always know what qualifies as a fungible asset. And they’re not aware that many emerging businesses can gain access to finance fairly easily if their business has the right components.
The idea of funding a startup can seem daunting regardless of the field a company chooses to enter. Emerging entrepreneurs in the legal marijuana industry can improve their prospects by becoming well versed in their funding options before pursuing a particular path to capital.
Back in January, ebbu LLC’s Dooma Wendschuh was embarking on a journey to raise $9 million in venture capital funding.
NEWARK, N.J., April 14, 2015 /Weed Wire/ – Sills Cummis & Gross has launched a Venture Capital/Regulated Substances Practice, building on the Firm’s strong transactional practice. Jeffrey L. Wasserman, a Member of the Firm’s Corporate Department, who focuses on venture capital and private equity deals, is leading the new group, assisted by Associate John Weldon.
The state of the cannabis industry is an interesting one. Although millions of dollars are legally being generated, the industry is still competing with the public’s renegade outlaw perception of cannabis.
As founder and managing partner of Dutchess Capital, a Boston-based venture capital firm, Douglas Leighton is no stranger to burgeoning industries.
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.
Silicon Valley entrepreneurs love to beat their chests about how disruptive they are. As the trope goes, they’re fearless about betting on the next far-out idea, whether it’s driverless cars, private space flight or the Airbnb of parking spots.
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.