Cannabis is still a long way from being legal at the federal level in the United States, but startups in the space — and their investors — aren’t deterred. Indeed, many are braving a tough journey because they see the potential and opportunity in the long term.
To understand where the cannabis market is going, we talked to four investors who have been quite active in backing cannabis-related startups in the country. And it appears, downturn or not, now is a good time to invest in companies that operate at the back end and those dealing with the plant directly.
Emily Paxhia, managing director a
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