Steve Berg: Cannabis Investing Comes of Age

Like the industry itself, employment and investment in cannabis businesses are rising. Yet, it remains true that special risks apply to cannabis enterprises beyond what is seen with “conventional” businesses. The risks notwithstanding, there should be no surprise at the growing numbers who seek opportunity in the rapidly rising cannabis industry. This is particularly true of investors, as well as seasoned professionals from other industries with experience building and running companies.

Many are drawn by the strong double-digit market growth rates and notion that we are witnessing the beginnings of what will ultimately become major consumer and wellness product market sectors. In addition to a growing number of marijuana-themed public stocks, rising private investment from funds and investor networks are providing capital to businesses.

Steve Berg CFO of OpenVAPE

Steve Berg, Co-Founder of ArcView Investor Network and CFO of O.PenVAPE

Cannabis company management is coming of age and rapidly professionalizing.

Many companies are now lead by a blend of pioneer entrepreneurs and professionals with backgrounds in areas such as finance, legal, marketing and technology. Some corporate offices look like what you’d expect to find at successful start up companies in Silicon Valley.

Read Steve Berg’s article “Cannabis Companies: Investors and Professionals Taking Stock”:

Are you a cannabis industry thought leader and want to be heard? Let us know your story.

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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