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THE STANDARD
BUSINESS NEWS
By Reuters | April 10th 2021
The website for Harborside is shown on a screen at the dispensary in San Leandro, California, U.S. February 26, 2021. [Reuters/Nathan Frandino]
Driven by a surge in cannabis use during the COVID-19 pandemic, industry entrepreneurs and investors are gearing up for even greater growth as legalization spreads and the economy reopens.
So far, 36 states and the District of Columbia have approved the medical use of marijuana, according to the National Conference of State Legislatures. Of them,15 states and D.C. have approved the recreational use of pot.
Cannabis technology startups, including those enabling home delivery of pot, got a big boost during the pandemic as more Americans partook, igniting investor interest in companies that provide everything from cultivation management tools to compliance and e-commerce software for an industry that still operates in a legal gray zone at the federal level.
Focus: Cannabis entrepreneurs, celebrity investors light up as legalization blooms Toggle share menu
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Focus: Cannabis entrepreneurs, celebrity investors light up as legalization blooms Driven by a surge in cannabis use during the COVID-19 pandemic, industry entrepreneurs and investors are gearing up for even greater growth as legalization spreads and the economy reopens.
The website for Harborside is shown on a screen at the dispensary in San Leandro, California, U.S. February 26, 2021. Picture taken February 26, 2021. REUTERS/Nathan Frandino 5 related media assets (image or videos) available. Click to see the gallery.
16 Mar 2021 06:31PM Share this content
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DETROIT/OAKLAND, Calf.: Driven by a surge in cannabis use during the COVID-19 pandemic, industry entrepreneurs and investors are gearing up for even greater growth
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