Marijuana business accelerator announces first deployment of oversubscribed $4M fund.
Last week, news came out that Canopy Growth might be acquiring Acerage Holdings for $3.4B - a big number when you consider that the entire global industry is worth about $18B. But this landmark announcement has some caveats. Here’s our breakdown of the deal:
Navigating potential cannabis deals is incredibly complex, time-consuming, and expensive
Investors with a data-driven deal flow methodology will yield higher returns with less time and money wasted on poor fits
Free tool to develop your data-driven investor thesis and streamline finding and evaluating deals.
Entrepreneurship is hard. Entrepreneurship in the cannabis industry, a new industry rapidly changing on a daily basis, is even harder. Funding sources are different than traditional industry, valuations are a big issue and, due to federal prohibition, banking is might we say - challenged.