Source: TheWeedBlog / sted by Johnny Green at 6:55 AM on January 26, 2015
On the heels of major VC Peter Theil and Founders Fund investing into the cannabis sector, more than 275 high net worth investors from around the world will gather in San Francisco for a ‘Shark Tank’ – like pitch forum on Monday, January 26th and Tuesday, January 27th hosted by The ArcView Investor Network. Investor members of the network will be reviewing pitches from more than 20 cannabis-related companies seeking funding. Justin Kan, who recently sold his company Twitch.tv to Amazon for close to $1 billion and who is now a partner at the tech industry’s top business incubator, Y Combinator will be the keynote speaker on Monday afternoon. Also, numerous cannabis tech companies will be announcing newsworthy partnerships and investments. It will be the highest concentration of capital and key players to ever assemble for the fastest growing industry in America. At the event, ArcView Market Research, the most oft-cited market data and analysis firm for the cannabis industry, will release the latest projections for U.S. market growth in its 3rd Edition of the State of the Legal Marijuana Markets.
“Tech investors and entrepreneurs are realizing that the cannabis industry is the next frontier for the application of technology to create value,” said ArcView Group CEO Troy Dayton. “Up until now tech investors have sat on the sidelines, but that is changing very rapidly since Peter Theil’s Founder’s Fund jumped in.”
ArcView 400+ investor member base has recently pumped more than $20 million into more than 40 private companies in the cannabis industry. These are some of the first angel investments in this newly structured sector of the economy. .
The ArcView Investor Network includes billionaires, tech entrepreneurs turned angel investors, venture capital firms, real estate moguls, some of the largest donors to marijuana policy efforts, and the owners of some of the most successful brands in the fast-growing legal cannabis industry who are looking to make strategic acquisitions.
ArcView Market Research, the market data arm of ArcView, will announce its latest national projections and the executive summary for the upcoming 3rd edition of the State of the Legal Marijuana Markets showing that the cannabis industry is the fastest growing industry in America..
What: Media representatives are invited to witness electric presentations from companies that have been successful at raising capital from this group and those who are hoping to attract investors at this meeting. Throughout the day reporters will be able to interview high net worth investors who have recently invested in the sector or are considering it, companies that have recently been funded, elected officials that support legalization, and the editors of the market report.
When: Monday, January 26th and Tuesday, January 27th from approximately 9 AM – 3:00 PM
Where: The Fairmont Hotel, 950 Mason St. San Francisco, CA 94108 – Grand Ballroom
You must be approved and/or have press credentials to attend.
Who: Over 200 + investors from all over the country – looking at the cannabis investor opportunities along with national leaders and brands of the industry including:
Troy Dayton, co-founder and CEO of The ArcView Group, a national cannabis investment and research firm based in Oakland, founding board member of National Cannabis Industry Association, board member of the Marijuana Policy Project.
Steve DeAngelo, is a national thought leader in the cannabis industry, advocate, educator and speaker. Featured in major media around the globe, he co-founded and pioneered Harborside Health Centers, in Oakland and San Jose, Steep Hill Laboratory and The ArcView Group.
Jason Kan, co-founder of live video platforms Justin.Tv and Twitch Tv which recently Sold to amazon for nearly 1 billion dolllars as well as the social mobile video application Socialcam. He is a partner at legendary business incubator Y Combinator.
Keith McCarty, CEO of Eaze, a cannabis delivery app company that recently raised money from ArcView investors and Silicon Valley VC’s
Douglas Leighton, co-founder and a principal partner of Dutchess Capital, a Boston-headquartered global hedge fund, which has managed an investment portfolio of over $2 billion in transactional value. Doug has invested in numerous cannabis-related companies.
Lauren Fraser, Director of Business Development at California-based Auntie Dolores, an infused product manufacturer that has been successful at raising money via ArcView investors.
Robert Jacob, Councilmember and former mayor of Sebastopol, California, and the executive director of two leading medical cannabis dispensary brands, Peace in Medicine of Sonoma County and SPARC of San Francisco.
article source: http://www.theweedblog.com/marijuana-meets-tech-investment-at-cannabis-industry-arc-tank/