Check out our exclusive list of the top 12 venture capital firms making deals in the booming marijuana industry

Shayanne Gal/ Business Insider

• Business Insider compiled an exclusive list of the top 12 venture-capital firms making deals in the cannabis industry. 
• Subscribe to read the list here. 

Ever since Colorado legalized cannabis for all adults in 2014, the cannabis industry has blossomed, with a multitude of companies competing to scale up as more states legalize the drug.

With so few institutional investors ready to write checks to cannabis companies — marijuana is still considered a Schedule I drug by the US federal government — the industry has given rise to a number of sector-specific firms that deeply understand the nuances of investing in such a highly regulated and fragmented market.

See the rest of the story at Business Insider

NOW WATCH: Why Harvard scientists think this interstellar object might be an alien spacecraft

See Also:

• The top 12 venture-capital firms making deals in the booming cannabis industry that's set to skyrocket to $75 billion
• Top cannabis VCs give their best advice on how to invest in the booming marijuana industry
• On the heels of hemp legalization, regulators have fired a 'warning shot' to the $1 billion CBD industry

SEE ALSO: The top 12 venture-capital firms making deals in the booming cannabis industry that's set to skyrocket to $75 billion

from Business Insider https://read.bi/2TlOCyD