The First-Ever And Largest Marijuana Investment Fund Has Just Been Created | Exploring Markets

The First-Ever And Largest Marijuana Investment Fund Has Just Been Created

We have just found a remarkable anecdote and article from Bloomberg Businessweek. They wrote an article about the Marijuana magazine, High Times, which has been in publication since 1974. Just wait until you hear what High Times is hoping to accomplish. They are aiming to pool more than $300 million into one fund specifically aimed at investing and growing the marijuana business. Yes, you heard that right, your first-ever Marijuana private equity fund:
"The magazine, High Times, has survived as an icon of dope culture, and Kennedy, a criminal defense lawyer, has improbably ended up as its controlling owner. Now, with marijuana legal in some form in 22 states, the counterculture institution is aiming to raise $300 million for the High Times Growth Fund, which will make private equity investments in the marijuana business." - High Times on Wall Street by Bloomberg BusinessWeek