Chart of the Week: Cannabis-Touching Firms Finally in Vogue With Investors
By Becky Olson
For years, most investors interested in the cannabis space avoided companies that actually touch the plant in favor of “safer” ancillary businesses that provide products and services to the industry or consumers.
That’s starting to change rapidly.
A look at a broad sample of single investment deals in the cannabis industry since the beginning of 2015 reveals that dispensaries, retail stores, cultivation sites, infused products companies and testing labs are starting to land some sizable amounts of capital.
A licensed cultivation company in Canada, for instance, landed $121,000, while Minnesota’s two licensed dispensary and cultivation operators