Pot startups pitch to investors

Healthy Headie Lifestyle founder Holly Alberti makes her pitch to panelists Leslie Brocskor, Jon Cooper, and Lori Glauser.

From left: Healthy Headie Lifestyle founder Holly Alberti-Evans makes her pitch to panelists Leslie Bocskor, Jon Cooper, and Lori Glauser.

Nearly 250 investors and entrepreneurs from across the country congregated at RiNo’s Exdo Event Center last weekend for this year’s Arcview Investor Network Pitch Forum. The event, which focused exclusively on cannabis-related businesses, saw 13 hopeful companies pitch their business plans to investors.

Attendants used a smart phone app to vote on each pitch.

Attendants used a smart phone app to vote on each pitch.

Pitches occurred to panels of three judges in segments called the “Arc Tank,” and were judged by the crowd’s votes on a mobile phone app.

Founded in 2011, the Arcview Investor Network is a group of 480 venture capitalists that deals solely with the cannabis industry. The group has invested $45 million in 72 companies since its inception. And that number is likely to grow, according to Arcview CEO Troy Dayton.

“It’s a whole new ball game,” Dayton said. “The amount of investments has increased three times over the last 12 months.”

Pitches included Leaf, a company that designed a self-growing cannabis station; Glasshous, an online store for smoking devices, and PotGuide, an app for searching dispensaries.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments