Investors in the burgeoning marijuana industry gathered in Seattle on Monday and committed at least $1 million to startup companies that want to carve out a market in Washington's new legal cannabis climate.
“This was the first time we've seen checks written, commitments made,” said Troy Dayton, CEO of The ArcView Group, which organized the private meeting at the Columbia Tower Club in downtown Seattle.
None of the companies were based in Washington, although several investors hailed from the…
Investors in the burgeoning marijuana industry gathered in Seattle on Monday and committed at least $1 million to startup companies that want to carve out a market in Washington's new legal cannabis climate.
“This was the first time we've seen checks written, commitments made,” said Troy Dayton, CEO of The ArcView Group, which organized the private meeting at the Columbia Tower Club in downtown Seattle.
None of the companies were based in Washington, although several investors hailed from the…