Marijuana Industry Raises Over $1 Billion In 2016

Over a billion dollars has been raised in the cannabis industry in 2016 according to Viridian Capital Advisors.

The billion dollar line was crossed last week in part with C$40 million raised by OrganiGram Holdings, Inc. The deal will allow for the build out and expansion of the company’s cultivation, extract and derivative facilities.

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Source: Marijuana Industry Raises Over $1 Billion In 2016