CNBC interviewed ArcView Investment Group President and cannabis pioneer, Steve DeAngelo on the eve of a major event in Las Vegas in which hundreds of cannabusinesses are pitching to investors (including Poseidon Asset Management).
“There are a lot of people here eager to invest in this space," the CNBC anchor says, "and unfortunately not a lot of vehicles to do so.”
DeAngelo eventually corrects her:
“There is just a huge range of opportunities available now, everything from real estate to packaging, to technology, to software. The cannabis industry has been underground for almost the entire time since modern business techniques and technologies have existed… so just about everywhere you look there are opportunities to be found.”
Well said, Steve! A very exciting time, indeed. We are truly looking forward to this week's meetings.