High times dating

That could make it bigger than the America's most profitable sports organization, the National Football League, which saw about billion in revenue last year and aims to reach billion by 2027.

So far in 2017, there have been at least 27 investments by venture capital funds in cannabis companies, compared with just 10 deals in 2016 and 9 deals in 2015, according to venture capital data provider CB Insights.

Similar services are common across commodity markets - from oil and gas to corn and cotton - and are used by industry participants as price benchmarks. Newleaf compiles information gathered from cultivators and dispensaries, transaction data from market participants and data from vendors and associations.

New Leaf Data Services LLC, a Stamford, Connecticut-based start-up, published its first assessment of U. Investors can also follow the value of marijuana firms through stock market indexes such as the Horizons Marijuana Life Sciences Index ETF, which tracks the performance of a selection of publicly listed cannabis companies in North America.

The banks that work with cannabis-related firms are mostly community institutions in states where the industry is legalized, and their service is limited to accepting cash deposits.

Cannabis investment is still dominated by wealthy individuals, but that is changing as the industry grows, attracting venture capitalist and equity investors who until recently were reluctant to finance cannabis firms.

Such firms believe its "a good time to double down," Patterson said." data-reactid="44"RISK MANAGEMENTSome investors have steered toward technology and support services, which carry less legal risk than cultivating or selling the weed itself.

These include dating apps for cannabis users such as High There and My420Mate, as well as We Grow, an educational app that teaches people how to grow cannabis.

Among the signs the market is maturing is the development of information services that collect data on trading of cannabis and publish guideline prices.

By Angela Moon and Chris Prentice Dec 6 (Reuters) - Two years ago, Alan Gertner was head of Google's Asia-Pacific sales team in Singapore, handling more than 0 million in business.

Now, he begins his day in a small Toronto office, building a cannabis brand that sells fancy smoking accessories such as vaporizers and bongs that cost up to 5 CAD (1.72 USD).

They are drawn by a wide-open landscape of opportunity, said Eric Hippeau, managing partner at Lerer Hippeau Ventures, a New York-based venture capital firm well-known for its investments in high-profile media startups such as Twitter Inc and Buzzfeed."It's an industry that is starting from scratch with no infrastructure," Hippeau said.

"There are many promising cannabis-related software startups that are able to easily raise money."Some of these startups provide seed-to-sale cannabis tracking system software and inventory management.

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