• The top 12 venture-capital firms making deals in the booming $75 billion cannabis industry

    2 monthes ago - By Business Insider

    Ever since Colorado legalized cannabis for all adults in 2014, the cannabis industry has blossomed, with a multitude of companies competing to scale up as more states legalize the drug.
    With so few institutional investors ready to write checks to cannabis companies - marijuana is still considered a Schedule I drug by the US federal government - the industry has given rise to a number of sector-specific firms that deeply understand the nuances of investing in such a highly regulated and fragmented market.
    Besides Lerer Hippeau and Slow Ventures, these cannabis-specific funds mostly raise...
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