Cannabis Industry Attracts More Mainstream Investors as Business Grows

Just recently, numerous investment firms have cropped up, announcing themselves as major entities in the billion-dollar industry.

With the legal cannabis industry generating $6.9 billion in sales in 2016, up 34% from 2015, it’s a no-brainer to say that much is at stake as the business inevitably grows.

Much like the independent movie biz, the cannabis industry attracts investors looking for high-risk, high-reward investments, and as marijuana goes more mainstream, so does the funding mechanisms for the industry’s businesses.

Read More at Variety.com