Pot Startups And Marijuana Angel Investors Are "Growing" Fast

Marijuana is big business, and I don't mean in the illegal sense. Pot is slowly eradicating its misconception as a drop out drug for bums and hippies, which its been labeled as since the early 60's.

Often perceived  as a recreational drug for liberal, free spirited and creative types, marijuana or weed as its commonly known has become an interesting and subjective choice for startups and venture capitalists alike.

The legalise pot movement is nothing new and has been in existence for years, advocates for medical usage are on the rise and investment capital is flowing in this interesting business niche, with fresh investors eyeing up the Marijuana Startups.

For example, did you know that angel.co lists 345 companies with 1,626 investors and over 6,000 followers interested in the business of marijuana and with an average valuation tag of $4.5M, thats no small number for a startup either.

Legal cannabis gained a higher profile earlier...

Rate this article: 
Region: 

This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.