Venture Capital Funding Inquiries for Startup Cannabis.net Surge after Recreational Marijuana Use is Legalized in Four States
Boston, MA (PRWEB) November 10, 2016 -- As the world woke up to the news of President Elect, Donald J. Trump clinching the vote to become the 45th President of the United States, Cannabis.net CEO Curt Dalton awoke to an inbox full of inquiries for investment opportunities from Angel and Venture Capital firms with a strong interest in the cannabis sector. "It was a great night for legal marijuana as 8 cannabis measures passed in the United States. I am sure marijuana dispensaries will be busy today, as we had a flood of investor request emails come in as well." said Dalton.
This surge in investment interest, comes as four new states vote to legalize recreational marijuana use in the historic Election of 2016. With California, Nevada, Massachusetts and Maine voting to allow recreational use of marijuana; they join Washington, Oregon, Alaska, Colorado) plus the District of Columbia in legal usage giving the legalization movement powerful momentum nationwide.
Consumption would be limited to people 21 or older and forbidden in most public spaces. Pot would be highly regulated and heavily taxed, and some states would let people grow their own.
On the medical side, voters in Florida, North Dakota and Arkansas have approved medical marijuana initiatives; and voters in Montana lifted restrictions on an existing medical pot law. Progress!
The 2016 election has proved to be the biggest electoral victory for marijuana reform since 2012, and reformers are elated. Executive Director of the Drug Policy Alliance's, Ethan Nadelmann shared in a statement, “This represents a monumental victory for the marijuana reform movement. With California’s leadership now, the end of marijuana prohibition nationally, and even internationally, is fast approaching.”
Will President Elect Trump be the right guy to forward the Federal fate of marijuana measures in the next four years? Only time will tell. Financial support for California’s Proposition 64 was backed by former Facebook President Sean Parker and New York hedge fund billionaire George Soros, the campaign was able to raise close to $16 million, about 10 times the money brought in by the opposition. What we do know, is that Trump is a businessman, and opportunities to invest in this exciting high-growth industry are gaining momentum.
With an open round of Funding accepting inquiries, Cannabis.net is poised for expansion. We are excited to celebrate the growth of the industry and want to thank voters who supported pro-marijuana policy in this historic election by offering no cost cannabis for a year, in their Cannabis for a Year Contest - in which one resident of a legalized state will win free weed for a year.
To win free cannabis for a year just click here for details or cut and paste the following URL into your web browser.
https://cannabis.net/blog/how-to/free-cannabis-for-a-year
Curt Dalton, Cannabis.net, http://www.Cannabis.net, +1 9783351092, [email protected]
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