5 top cannabis VCs told us where they plan to place their bets, from scooping up distressed assets to the emergence of new markets in Germany and China
- We asked 5 of the top investors at cannabis-focused funds about where they're looking to invest in 2020.
- They discussed why they're still bullish on the industry despite a tough year. Some deemed it a necessary market correction.
- From distressed assets to new cannabis tech, read on for their predictions.
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Though it's been a challenging year for cannabis companies - to say the least - savvy investors still see lots of opportunity on the horizon.
This correction is a necessary one, according to investors Business Insider spoke with. And it'll provide opportunities for investors down the line - whether that means scooping up distressed assets, financing new technology, or looking at growth-stage deals for companies that need capital.
"What we've been through is really a healthy market correction to build a new industry," said Altitude Investment Management Partner Jon Trauben.
Business Insider spoke with 5 investors from the top cannabis-specific funds to get insight into what opportunities they're looking into in 2020.
Check out their predictions here:
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