Marijuana Equity Management Firm Opens Two New Branches

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A Florida-based personal equity management firm with a concentrate on cannabis has announced that it’s branching off.

First Harvest Financial, which has its headquarters in Tampa, is opening workplaces in Chicago and in Boca Raton, to help it assist in more investment in medical marijuana companies across the nation.

“The company’s new offices in Chicago and Boca Raton enhance the company’s reach to connect legal cannabis business seeking development capital to recognized investors,” First Harvest said in a statement released online.

“It is only a matter of time before medical cannabis becomes completely legalized in the U.S. and the primary choice of those seeking medical treatments for a variety of ailments,” the business statement continued.

The announcement comes at a time when capital expense have actually been ramping up throughout the cannabis industry, with business of all stripes revealing 6- or seven-figure financing raises. Financial investment deals in...

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