A $200M day: Two investors reveal big plans to fund marijuana businesses

By Bart Schaneman A California retail estate investment firm and a wealthy Florida medical marijuana advocate separately pledged Tuesday to pump $100 million each into cannabis businesses, marking a notable new chapter in the MJ industry. The combined $200 million is among the largest amounts of planned cannabis investments disclosed in a single day. Moreover, the investment plans were unveiled at opposite ends of the country,¬†signaling growing investor interest in marijuana businesses from coast to coast. In California, a new MJ subsidiary of¬†an established Beverly Hills real estate investment firm announced plans to spend $100 million on California’s ... A $200M day: Two investors reveal big plans to fund marijuana businesses is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs