VCs planting seeds in the cannabis industry

 Increasing number of US states to legalize marijuana

The startup world has seen a growing number of cannabis-related companies crop up over the past several years, a development that’s likely driven by the increasing number of US states to legalize marijuana in some capacity. The industry is ripe for technological innovation—and several companies and venture investors are taking advantage.

In fact, after already setting a new high last year, VCs are on pace to make a record number of new deals in the cannabis industry during 2017. Here’s a chart showing recent venture investor activity in US-based cannabis companies:…  March 12, 2018

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