Wednesday, July 26, 2017

Cannabis is poised to be Silicon Valley’s billion dollar cash crop

The marriage of technology and cannabis entrepreneurship has gone from a passion-project for growers, to a full-fledged venture capitalist (VC) bonanza in just the past year and a half. Marijuana startups are no longer simply the domain of experts on cultivation and plant-strain for medical dispensaries. The profits are now measured in billions and developers are being are being offered increasingly high-paying positions at cannabis startups . It’s difficult to determine exactly how much money there is in the cannabis industry. A report from Forbes states that North American sales totaled $6.7 billion in 2016. Investors looking for an emerging…

This story continues at The Next Web

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