Marijuana

Red Tape Still an Obstacle For Marijuana Entrepreneurs in Colorado

A residency requirement exists for those who want to invest in the pot business

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Once a quarter for the past two years, the ArcView Angel Investor Network plays matchmaker between individuals curious about investing in the newly legal marijuana market and pot entrepreneurs who need capital to expand. Skeptical financiers at each of these pitch sessions have had to price in an enormous risk: that even with more states moving to legalize the drug, the federal government could still step in and block the trade.