Welcome to Cultivated, our weekly newsletter where we’re bringing you an inside look at the deals, trends, and personalities driving the multibillion-dollar global cannabis boom. Sign up here to get it in your inbox every week. If you want a discount to BI Prime to read our stories, sign up here!Happy Friday everyone,We’ve got another…
Welcome to Cultivated, our weekly newsletter where we’re bringing you a within look at the offers, patterns, and characters driving the multibillion-dollar international cannabis boom.
Delighted Friday everyone,
We’ve got another quick edition this week as we prep for a slew of marijuana profits next week.
Beyond that, we have actually got a few more excellent stories in the hopper, so keep an eye out for those.
Here’s what we wrote about this week:
We got an exclusive look at the presentation that wellness startup B Great is using to raise $2.5 million to ferret out the $2 billion CBD market
Barbara Goodstein, the creator of CBD start-up B Great, shared the pitch deck she’s utilizing to raise $2.5 million.
She’s closed on $1.5 million in equity financing currently, and she’s seeking to raise another $1 million in convertible notes. She told Business Expert she’s brought in $450,000 of that already.
In a new letter, American Heart Association physicians encouraged versus smoking and vaping cannabis because it could contribute to heart-health issues like heart palpitations and cardiovascular disease.
The medical professionals stated current cannabis users should prevent black-market products and consider utilizing edible or topical cannabis products since they’re less likely to trigger heart damage.
Some hyped-up business demonstrate a potential for development, however remain unprofitable, whereas other hyped-up business belong to industries that investors normally prevent, like gaming.
But hype is actually a powerful innovative force in the longer arc of tech innovation, says one VC, and funding hyped-up ideas can draw in fresh talent and lead to more development.
What we’re checking out