Wall Street's Cannabis Investments Stay Hush-Hush Due to Stigma

June 6, 2018

 

With the cannabis industry expected to reach $75 billion in sales by 2030, Wall Street’s biggest institutions are still treading slowly into the Green Rush, while individual investors are quietly diving in. Merida Capital Partners has drawn backers with resumes that list the world’s most well-known banks and technology companies. With an understanding of the industry and a background in law and finance that helped attract many investors to the company, Merida's Mitch Baruchowitz and David Goldburg discuss how the firm got past the stigma to take advantage of the rare opportunity to invest in cannabis while institutional players remain on the sidelines.

 

Photo credit: Getty Images

 

 

 

 

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