Investors Get High On Marijuana

NEW YORK: The business of legal weed is entering a new stage, as a broad infrastructure of related services, particularly financial, develops. Last year former videogame entrepreneur Dooma Wendschuh began soliciting investors for what he viewed as a big idea: distilled marijuana extracts, developed by scientists, that could be used for “edibles,” such as brownies, Read the full article…

Berkeley Marijuana Lab Raising Millions For U.S., Overseas Expansion

CALIFORNIA: Berkeley-based Steep Hill Labs Inc. is raising $5 million to expand into two states and Jamaica this year as well as pursue innovations in its testing equipment and genetics-related products. Steep Hill, which employs 30 people, generated $1.2 million in revenue in 2014 and has raised $4 million since its founding in 2008. The company Read the full article…

Marijuana Industry Hosts Big, Three-Day Investor Summit In Denver

COLORADO: The convention floor at Denver Airport’s Crowne Plaza this sunny Tuesday afternoon in April could be the trade show for any well-established industry — gray-haired execs in conservative suits mingling with office park dads in polos and fresh-out-of-college types in brand-emblazoned T-shirts. Only this is a new kind of business conference with a special Colorado Read the full article…