Startups Weekly: Venture capitalists are crazy for cannabis

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Lately, my inbox has been chock-full of pitches for weed businesses. A couple of years ago it was bitcoin/blockchain startups, then came scooters; now, it seems “CannTech” is hitting an all-time high thanks to support from venture capitalists.

By the way, I didn’t make up the term CannTech, but it seems just as good as anything else, so I’m rolling with it. According to data collected by PitchBook, VCs have put $1.2 billion in U.S.-based cannabis companies so far in 2019.

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