This is a fascinating and well-written feature story. Here is an excerpt about my company, The ArcView Group and one of our member companies Canna Security America (CSA). "Well, right this instant Denver is in the midst of another moment of economic intrigue. There’s a new breed of investor coming to marijuana. Dan Williams, the man behind Canna Security, has already received an infusion of capital from the Arc View investment group, a consortium of investors who focus on the ancillary businesses of the emerging marijuana industry. Now that marijuana is on the map, people with cash are ready to dive in. Arc View in particular is interested in businesses like Williams’, which are on the sidelines — i.e., not in direct violation of the laws of the United States federal government — but also are tapping into the robustly growing marijuana market, with the ability to scale nationwide if and when serious marijuana legalization moves beyond the Rockies. Who are these new investors in marijuana infrastructure? There are three groups, according to Williams. Some made their money owning dispensaries, and are eager to invest it in companies with slightly less risk on the ancillary side. Others are serial entrepreneurs; people who started their own businesses in the traditional market and either cashed out or have taken a backseat. Most interesting, though, is the last of the three: investment vehicles. Already, representatives of large investment funds and venture capital groups are sitting at the table, getting ready to dip their toes into the water while there’s money to be made in the infant stage."
Posted on: Sat, 28 Sep 2013 20:20:11 +0000
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