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”: http://www.latimes.com/local/abcarian/la-me-ra-future-of-pot-20151125-column.html