Investors pump up to $80M into Oregon MJ startups

Investors have pumped tens of millions of dollars into the Oregon cannabis industry, according to a state senator who sits on the Oregon Marijuana Regulation Committee. He estimated that investments total between $60 million and $80 million. And that’s only in the last six months, Sen. Floyd Propanski told Northwest Public Radio. “The numbers we just received by phone says in the last six months there’s $60 million to $80 million dollars have gone into start-ups,” Propanski said. The senator didn’t elaborate, or discuss where most of that investment cash has gone, but at least one recipient ... Investors pump up to $80M into Oregon MJ startups is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs