Posted On: 08/25/2015 11:04:58 AM
Post# of 23611
$CRWG +11% now is capturing value from the CANNABIS industry.
Growing Institutional Interest
The cannabis industry has begun attracting significant levels of institutional interest. In January, venture capital heavyweight Peter Thiel announced that his $2 billion Founders Fund would be investing in Privateer Holdings, a marijuana company that owns several pot-related brands. The size of the investment wasn't officially disclosed, but insiders say that it was a "multimillion dollar" participation in Privateer's $75 million capital raise.
On a more granular level, ArcView Group has over 480 investor members that have invested over $45 million into 72 different companies. The group hosts webinars each week where up to five companies pitch investors, while offering large in-person events each quarter. With hundreds of high net worth individuals participating, the group has been an early pioneer in facilitating institutional level investments within the growing cannabis industry.
The common denominator is that these investments were all made in privately-held companies rather than publicly-traded companies. When it comes to traditional institutional investors - who may be limited to publicly-traded securities - there are fewer options. Many public companies have shaky finances, limited operating histories, and few disclosures when it comes to making regular filings with the Securities & Exchange Commission.
Growing Institutional Interest
The cannabis industry has begun attracting significant levels of institutional interest. In January, venture capital heavyweight Peter Thiel announced that his $2 billion Founders Fund would be investing in Privateer Holdings, a marijuana company that owns several pot-related brands. The size of the investment wasn't officially disclosed, but insiders say that it was a "multimillion dollar" participation in Privateer's $75 million capital raise.
On a more granular level, ArcView Group has over 480 investor members that have invested over $45 million into 72 different companies. The group hosts webinars each week where up to five companies pitch investors, while offering large in-person events each quarter. With hundreds of high net worth individuals participating, the group has been an early pioneer in facilitating institutional level investments within the growing cannabis industry.
The common denominator is that these investments were all made in privately-held companies rather than publicly-traded companies. When it comes to traditional institutional investors - who may be limited to publicly-traded securities - there are fewer options. Many public companies have shaky finances, limited operating histories, and few disclosures when it comes to making regular filings with the Securities & Exchange Commission.
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