$CRWG cannabis industry could reach $35 billion in
Post# of 23602
Posted On: 08/25/2015 1:23:35 PM
$CRWG cannabis industry could reach $35 billion in size by 2020, according to GreenWave Advisors, while it's generally considered to be the fastest growing industry in the U.S. economy. While these dynamics should make the industry ripe for investment, the murky legality of industry on a federal level and the opaque nature of many existing publicly-traded companies in the space (that went public through reverse mergers) have made it treacherous for investors.
In this release, we'll take a look at CrowdGather's unique value proposition to investors interested in 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.
http://finance.yahoo.com/news/cashing-cannabi...00557.html
In this release, we'll take a look at CrowdGather's unique value proposition to investors interested in 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.
http://finance.yahoo.com/news/cashing-cannabi...00557.html
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