VCs Planting Seeds In The Cannabis Industry
The startup world has seen a growing number of cannabis-related companies crop up over the past several years, a development that’s likely driven by the increasing number of US states to legalize marijuana in some capacity.
The industry is ripe for technological innovation—and several companies and investors are taking advantage.
In fact, after already setting a new high last year, VCs are on pace to make a record number of new deals in the cannabis industry during 2017.
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