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Why Smart Folks Are Buying Marijuana?

Why Smart Folks Are Buying Marijuana?

There’s lot of cash swirling round the cannabis industry at this time. Investors are confident in a return. But why?

In line with the brand New private-equity that is york-based Tuatara Capital, the business has raised the greatest quantity of capital ever to purchase the appropriate cannabis industry.

They raised $93 million and recently closed an $80 million investment fund. This easily beat the record that is previous by Privateer Holdings – a $75 million raise.

But while these levels of cash are certainly impressive, increasing the funds when you look at the place that is first extremely challenging. Numerous investors that are would-beare available to the concept of learning in regards to the cannabis industry, also going therefore far as to sit straight down with companies such as for instance Tuatara. Continue reading