Floodgates poised to open in Colorado with potential new wave of cannabis investors

Dan Anglin, a founder and chairman of the Colorado Cannabis Chamber of Commerce, noted that investment opportunities in Colorado increased a couple of years ago when the state allowed nonresidents into the market – although the available pool was capped at the 15-person limit.

The ban on publicly traded companies remained a big roadblock.

Additional access to investment, Anglin noted, would help Colorado companies participate in what is a “very expensive business,” marked by high costs to build infrastructure and ensure compliance with regulations.

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2018-05-24T00:23:36+00:00

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