Colorado's established marijuana ecosystem is on track to grow by 30% in 2016. Think about that number, 30% growth! That will mean about $1.3 billion in direct cannabis sales not to mention the money flowing in ancillary businesses like the electric company (and all the electricians helping build out grow facilities) or the sales people now selling to over 600 licensed dispensaries across the state.
Topics: Entrepreneurship, Investing
Investing in a startup is a risky proposition and the due diligence process helps to mitigate risks. Let's review a few basic steps in the process. Essentially due diligence is (1) discovery, (2) analysis, and (3) drawing conclusions.
Topics: Investing
The nation's 7th largest state, Ohio, just legalized medical marijuana. Not only did they legalize it, they legalized it through the legislature, not a referendum, and the law includes a number of conditions important to widespread patient adoption.
"Twenty-one ailments are included in the broad list of qualifying conditions, ranging from chronic pain to cancer to post-traumatic stress disorder to glaucoma. The inclusion of chronic pain is important, as it can help boost patient numbers dramatically." Marijuana Business Daily
Angel investing in the cannabis sector requires research, focus, and discipline. One of the first steps is identifying specific areas of the industry that fit your investor profile.
Topics: Investing
Jon Vaught of Front Range Biosciences.
Topics: Entrepreneurship, News
Ever wonder what it's like to be in an accelerator the night before Demo Day?
Topics: News
