VC firm targets budding ancillary cannabis market
Casa Verde’s Karan Wadhera says none of its investments touch the plant itself.
When Karan Wadhera abandoned a successful career as an investment banker in Asia to plunge into North America’s cannabis industry, former colleagues could have been forgiven for thinking he was smoking weed himself.
But for Mr Wadhera, Indian by birth but who has a US education and entertainment-industry connections in Los Angeles, the move was a no-brainer.
“By 2013, it was clear that there was a business opportunity,” he says. “It was a great moment to get proactive.”
Read More at FT.com
