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According to an oft-cited report by ArcView Market Research, the legal marijuana market may top $2.3 billion in sales this year. Investors have undoubtedly been keeping a close eye on this market ...
DeAngelo is also co-founder of Steep Hill, Inc., the first commercial cannabis lab in the country, and co-founder of Arcview Group, the first cannabis investment firm. DeAngelo formerly served Arcview as vice president. Harborside was the subject of Weed Wars, a reality series which aired on the Discovery Channel. [1]
Dietrich was invited to pitch The ArcView Group, one of the first and largest cannabis angel investment groups in the country, co-founded by Steve DeAngelo and Troy Dayton in September 2013. At the event, he met Douglas Leighton, co-founder of Dutchess Capital , who invested the first $50,000 of a $150,000 seed round.
[9] [10] [11] A 2015 ArcView Group report stated that it was the fastest growing industry in the United States. [12] The industry in the United States is expected to grow from $2 billion in 2014 to as much as $10 billion in 2018, depending on legalization outcomes. [13] By one estimate the industry in the United States could be $35 billion in ...
The steady trend in marijuana legalization has created new opportunities in the investment world. Although recreational marijuana use remains illegal across most of the U.S., investment ...
Scott Gottlieb's resignation may delay a CBD greenlight from the FDA, but it won't stop itFDA Commissioner Scott Gottlieb unexpectedly resigned this past Wednesday, sending marijuana stocks down ...
The ArcView Group was founded in 2010 by Silicon Valley entrepreneurs and marijuana advocates Troy Dayton and Steve DeAngelo. [153] Their company teams up angel investors with companies that produce cannabis products and it's been one of the major sources of startup revenue for cannabis-related companies. [ 153 ]
When you hear people talk about cannabis, the stereotypical images conjured up are verdant fields of marijuana and lazy stoners. The real story of the legal cannabis industry is, in fact, much ...