CULTIVATED: CBD pitch deck– Marijuana and heart health– SPAC buzz

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.

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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.

– Jeremy

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.

Check out the deck here

Smoking cigarettes or vaping cannabis could set off cardiovascular disease and palpitations

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.