One year ago, Crunchbase News published a quarterly report on the cannabis industry in the wake of recreational legalization in California—one of the largest markets for adult use in the world. Investors and companies were excited about the future of the industry, yet remained wary of the regulatory challenges that remained for both consumers and entrepreneurs.
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Now one year and a key resignation later, the industry continues to light up. Today, we’ll dive into the new numbers and share insights from experts in the field for a closer look at how the startup and venture world is handling this budding industry.
All The Way Up
It’s important to note that not all cannabis companies are dispensaries. Their work can range from working on biotechnology solutions that focus on THC, to growing plants, to ancillary activities focused on operations and other supporting categories that