CBD and THC: green light for investment

Image of a cannabis plant
Image by Roberto Valdivia

A recent article in Bloomberg News instantly grabbed my attention.  Joe Montana, quarterback extraordinaire and football icon, now a venture capitalist, just participated in a $75 million funding for a company that sells marijuana products in stores throughout California.  Taking a risk on a controversial investment, Joe is positioned to win in an industry which he hopes can make a “serious impact on opiod use or addiction”.  In fact, cannabis related products could help football players or others in high impact, injury prone professions. This industry includes growers and retailers as well as medical and recreational products.

Like Joe, investors seem sweet on cannabis derived products that provide health and wellness benefits. But where is this industry headed as a business investment? How great is the risk? What are the opportunities? the library has a number of resources that can help to answer these questions.

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At last, Pitchbook has come along…

Lippincott Library is proud to announce the addition of Pitchbook to our list of business resources. Covering a vast array of data related to private capital markets, Pitchbook can provide the Wharton community with research information on private equity and venture capital. You will need to create an account, based on your Penn email address. There are download limitations:  Each individual has 25 downloads per month and can use up to 10 in a day.  Unlimited access using the API function in excel is available for public companies.

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