California Cannabis Conference Reveals Rapid Pace of Industry Development

ebbu problem solved

Robin Abcarian attended the recent New West Summit in San Francisco and shared some fantastic observations on the companies in attendance.

Here at the New West Summit, everyone seemed busy. Hedge fund managers and venture capitalists mingled with medical cannabis dispensary owners, app developers and all manner of cannabis entrepreneur. Publicists and certified public accountants worked the rooms, looking for new business. The whiff of money was almost as strong as the whiff of cannabis, both of which intensified as the conference unfolded.

She discussed several companies, including Genius Extraction Technologies, which said it generated $250K of orders at the event, interesting presentations by Evoke, Healthy Headie Lifestyle and ebbu, and compelling products like Jane’s Brews, Sensi Chews and Care by Design’s sprays. With respect to ebbu, the company aims to create predictable cannabis products and  is apparently in discussions to build a facility in Albania.  Dooma Wendschuh, the founder, has raised $9mm thus far to fund the company that is focused on making the “world’s first cannabis distillery.”

Read Robin Abcarian’s “The inevitable legalization of pot sets off a new California Gold Rush”:

Published by NCV Newswire
NCV Newswire
The NCV Newswire by New Cannabis Ventures aims to curate high quality content and information about leading cannabis companies to help our readers filter out the noise and to stay on top of the most important cannabis business news. The NCV Newswire is hand-curated by an editor and not automated in anyway. Have a confidential news tip? Get in touch.

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