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Colorado Marijuana Industry Gets $1 Million

Colorado Marijuana Industry Gets $1 Million

Investors looking for high returns took to Colorado this week and poured more than $1 million into the burgeoning legalized recreational marijuana industry in the state.

In Denver, more than 60 investors from The ArcView Group met with 22 startup marijuana companies — including several directly involved in marijuana sales or cultivation, which was a first for the investment group — seeking capital. By the end of the meetings, the investors committed “well over $1 million” to Colorado marijuana companies, ArcView CEO Troy Dayton told The Denver Post.

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