The cannabis industry is the latest trend that Silicon Valley companies are investing in, and for good reason.
Venture capitalists, or private investors who provide venture capital to promising business ventures, are really starting to see the green that this industry is creating. With four states utilizing the recreational use of marijuana, there is certainly profit to be made.
Venture capitalists are looking for any kind of tech company to make it easier to acquire or grow the product, and maybe even lead the tech-marijuana industry. Some of the cannabis-focused technology includes mobile apps, search engines, and on-demand services.
Meadow and Eaze are medical marijuana delivery services, intending on becoming the Uber of cannabis.
Read “The link between cannabis and Silicon Valley” by Matt Zothner of Appalachian State University: http://theappalachianonline.com/2015/09/24/link-cannabis-silicon-valley/