Investors Look At Marijuana Start-Ups In Seattle

SEATTLE (AP) — With legal marijuana sales about to start in Washington, start-up businesses are preparing for the market and seeking financing.

Thirteen companies are making a pitch Tuesday in Seattle to 60 investors at a meeting organized by the ArcView Investor Network.

ArcView says a similar pitch-meeting was held in September in Denver and more than 10 investors put more than $1.7 million in three marijuana-related businesses.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Comments

Leave a Reply

Fill in your details below or click an icon to log in:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Seattle

DOWNLOAD IT NOW!
Watch Danny Bonaduce On DANNY TV

Listen Live