Women cash in on the marijuana boom
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The subscription service is currently unavailable. Please try again later.Giadha DeCarcer, a former investment banker, is founder and CEO of New Frontier, a data analysis provider for the cannabis industry.
The cannabis industry is quickly becoming a magnet for female entrepreneurs.
Medical or recreational marijuana is legal in 23 states and the District of Columbia. As legalization has increased, so have sales. In 2013, the industry was at $1.8 billion.
In 2015, it was estimated at $5.4 billion (accounting for evolving business models), according to the ArcView Group, a cannabis-focused investment and research firm.
"The cannabis industry is so new that there are very few barriers to get in, especially for women," said Giadha DeCarcer, CEO and founder of New Frontier, which provides data analysis for the marijuana industry.
More importantly, she said the marijuana industry isn't as heavily skewed toward men as many other industries. It's what personally appealed to DeCarcer, a former investment banker and consultant in...
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