Venture Capitalists Invested Over $215 Million in Cannabis Companies in 2015

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VCs Invested in Cannabis

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.

The year was sandwiched by high numbers, with Q1 logging $94.2 million in deals and Q4 banking $67.9 million.

CB Insights also catalogued the most active investors in private cannabis companies from 2011-2015. CanopyBoulder was ranked number one, having invested in more than 15 companies since 2011; the ArcView Group came in second and Casa Verde Capital came in third.

The staff byline designates content that has been written by a staff writer of MJINews.

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