Connecticut Innovations, the state’s quasi-public venture capital arm, has invested $1.25 million in 1906, a Colorado adult-use cannabis company that is moving to the Constitution State, the Hartford Business Journal reports. The investment is reportedly the first investment made by a state entity into a cannabis business. 1906 CEO Peter Barsoom called the investment, which […]
Venture capital is a type of financing that funds or firms grant to small startups. This type of fundraising has been essential for growth in the cannabis sector. Read on for news and information about venture capital funding in cannabis: