Weekend Read: The Weed Funding Bubble

ED ZIMMERMAN: “Businessmen they drink my wine, Plowmen dig my herb.”

For years I listened to Jimi Hedrix’s version of Bob Dylan’s song “All Along the Watchtower,” convinced I heard those lyrics (according to BobDylan.com, the actual line is “Plowmen dig my earth”). But then again, I’ve had another misconception related to marijuana — I didn’t think that, during my career, I would see a venture capital conference dedicated to startups pitching their weed-based businesses to investors. Yet, that’s exactly what cannabis startups will be doing at a conference next week (in Colorado, naturally), and there are even sponsorship opportunities.

 

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