CNBC interviewed Leslie Bocskor of Electrum Partners and included the video in a broader article about the cannabis industry. Bocskor said that the legal cannabis industry, including hemp, could grow to over $200 billion in the next 10 years. His advice to investors:
- Do proper due diligence
- Recognize the high risk and make sure it fits tolerance
- Appreciate that quick valuation changes may take place due to no necessary change in consumer behavior
The article also includes statements from Isaac Dietrich, CEO of MassRoots (OTC: MSRT), who expects continued growth at his company, Aaron LoCascio, CEO of VapeWorld, who believes that technology is transforming the industry, and Paul Warshaw, the CEO of Greenrush, who is processing payments online for his delivery service.
Hear the interview and read Althea Chang’s “Tech start-ups hope for marijuana sales growth”: http://www.cnbc.com/2016/02/03/tech-start-ups-hope-for-marijuana-sales-growth.html
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