Investors Commit Over $1 Million to Marijuana Industry and Movement at Seattle Event

At a recent Seattle event held by the marijuana investor group the ArcView Investment Network, over $1 million was committed to 5 marijuana-related businesses, and 2 marijuana legalization groups. The investmen51298531e4b0c86539718bd8ts were announced at a press conference in Seattle – total commitments are expected to surpass $2 million within a week.

The Marijuana Policy Project, and Students for Sensible Drug Policy obtained over $100,000 in commitments for future legalization efforts. The remaining investments went to the marijuana industry. Here’s a list of the companies that investors are investing in.

  • Uptoke: A company which sells portable vaporizers.
  • Rodawg: A marijuana packaging company.
  • WeCanna: A marijuana-related crowdfunding company.
  • Canna Security America: A security-solutions company for the legal marijuana industry.
  • Apeks: A company which sells machines to make marijuana concentrates

This Seattle event was the first of many being planned around the nation by the Arcview Investor Network – which motto is “A New Dawn for the Legal Cannabis Industry” – a marijuana investment company founded by Steve DeAngelo, founder of California’s Harborside Health Center and star of Discovery Channel’s Weed Wars, and Troy Dayton, co-founder of Students for Sensible Drug Policy.

The next event takes place on June 14th in New York City.

TheJointBlog

Leave a Comment