Legal Marijuana Financing Straddles Green Rush and Dot-Bong Bubble
Venture capitalists and entrepreneurs are eager to invest in the cannabis industry from its seed phase. But they must get through a haze of regulations and legitimacy.
Trang Ho
August 24, 2014
Marijuana (cannabis) is arranged for a photograph inside the Evergreen Apothecary in Denver, Colorado, U.S., on Thursday, Jan. 9, 2014. Colorado has just legalized the commercial production, sale, and recreational use of marijuana, while Washington State will begin its own pot liberalization initiative at the end of February. On Jan. 8, New York Governor Andrew Cuomo said his state would join 20 others and the District of Columbia in allowing the drug for medical purposes. Photographer: Matthew Staver/Bloomberg
Matthew Staver/Bloomberg
