Colorado Marijuana Industry Gets $1 Million From Investor Group

 In Legalization, Medical Marijuana, National News, News

DENVER – CO In Denver, more than 60 investors from The ArcView Group met with 22 startup marijuana companies — including several directly involved in marijuana sales or cultivation, which was a first for the investment group — seeking capital. By the end of the meetings, the investors committed “well over $1 million” to Colorado marijuana companies, ArcView CEO Troy Dayton told The Denver Post. Read this entire www.huffingtonpost.com article

[message type=”custom” width=”100%” color=”#CCCCCC” border=”#C9C9C9″ color=”#333333″]”Cannabis business is “the next great American industry,” ArcView CEO Dayton said when opening the investment meeting this week and despite the red tape that kept many investors from jumping in, it still certainly seems to be off to a strong start. It has only been about a month since Attorney General Eric Holder announced that the Department of Justice would let the new legal marijuana laws in Colorado and Washington go into effect.” Read more. [/message]

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