Press Play with Madeleine Brand
“Ganjapreneurs” and the Case to Reclassify Pot
These seem to be booming days for the marijuana industry, as more states move to decriminalize it. Legal pot businesses raised more than $100 million last year, according to one research firm.
By Madeleine Brand • • 1 min readThese seem to be booming days for the marijuana industry, as more states move to decriminalize it. Legal pot businesses raised more than $100 million last year, according to one research firm. Even Silicon Valley is getting into the game: A prominent venture capital firm run by PayPal co-founder Peter Thiel recently became pot’s first major investor, putting millions into a cannabis company. So is pot the next big moneymaker? Also, a federal judge in Northern California has agreed to hear arguments to reclassify pot so it’s no longer a Schedule I drug. What are the implications of the case?
