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Home 🌿 Marijuana Business News 🌿 The Cannabis Industry Is Growing Fast. Need Proof? 🌿

The Cannabis Industry Is Growing Fast. Need Proof?

Submitted by Mark Leger - Ci... on Wed, 06/08/2016 - 08:45

There has been a considerable spike in capital investment for companies in the cannabis industry in the last few years. This would come as no surprise to industry insiders and investors, but the numbers recently compiled into a graphic by Marijuana Business Daily (MBD) are nonetheless striking. 

According to data compiled by the investment research firm CB Insights - which formed the basis of the MBD chart - there were only nine investment deals in 2013 totalling $9-million. In 2015, there were 98 that received a total of $215-million in investment.

Viridian hosts investment series event

Many of these investments come from individual entrepreneurs fundraising on their own, but many such infusions of capital are facilitated by investment groups such as Viridian Capital Advisors, which is hosting its third Viridian Cannabis Investment Series event June 8 in Fort Lauderdale, Florida. It's the first-ever cannabis investors conference in...

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