THESE 25 START UPS RAISED $2.6B
PHOTO BY VLADIMIR SOLOMYANI ON UNSPLASH
While the funding climate remains tight, Business Insider finds 25 cannabis start-ups which have raised a combined $2.6 Billion.
MJBiz
- Cannabis companies have raised more than $2 Billion this year alone, up from $17M in 2013.
In other fundraising news: Start-up Vana raised $3.5M to place cannabis ads at mainstream publications like Buzzfeed and USA Today. “We like to think of ourselves as DoubleClick meets Shopify,” CEO Sheldon Owen said.
Business Insider
Quick Hit
- In a move enabled by Colorado’s new investment law, New York-based Columbia Care agreed to buy OG Colorado chain The Green Solution for approximately $140M.
Denver Post
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