In a recent Entrepreneur Magazine interview with five investors from the hit show Shark Tank, Kevin O’Leary and Barabara Corcoran made it clear that they’re very much interested in investing in the burgeoning cannabis industry. The other three Sharks – Marc Cuban, Lori Greinier and Robert Herjavec – aren’t as interested in investing in the industry, but none of them are opposed to its legalization.
“[I]t’s big business and I’d rather invest in it”, says Corcoran.”I would like Daisy Cakes, one of my best investments from Shark Tank, to make marijuana cakes. Their home-cooked cakes from the south and my girl there is making tons of Daisy Cakes, doing great already. I love her, but I want her to make a marijuana cake, but she won’t do it. I advised her to, but she says it would ruin her brand. She’s mistaken.”