VC Investors Spark High Times For Legalized Cannabis Businesses
Weed is a growth industry. It's illegal in the United States at the Federal level, and in most countries around the world (with a few notable exceptions), but that hasn't stopped millions of people around the world from using cannabis for ritual, medical, and recreational purposes.
The cannabis industry, however, is in the middle of a historic transition. What was fragmented and informal is increasingly a professionalized, tech-enabled market poised for hyper growth in the United States.
Polished, venture-backed apps, equipment manufacturers, and retail outlets may rub some the wrong way, but cannabis is one of the new new things among technologists and investors. The world of cannabis is here to stay.
A Growing Market
The American cannabis market could be an untapped, once-in-a-blue-moon market with massive growth potential. And it's making investors salivate.
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