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6/18/16

Big Money to be Made in the Cannabis Industry, According to Experts


http://youtu.be/jYfDleJ4Zyw
It was all about the green at this week's Cannabis World Congress in New York. That's the green of money, not marijuana leaves. Exhibitors showing off hemp oils, vaping devices, edibles and a lot more were on display, but the most popular attendee could have been Rob Hunt, a partner at Tuatara Capital. He's the guy who writes the checks to fund development of cannabis products. Tuatara Capital is a private equity company launched last year to make cannabis-related investments. 'Last year alone there was $5.8 billion in legal cannabis sales in the United States,' explained Hunt. 'That number is expected to top $10 billion in two years. You're talking about a $75 billion dollar plus industry by 2020.' Subscribe to TheStreetTV on YouTube: http://bit.ly/1SlDbUa For more content from TheStreet visit: http://thestreet.com Check out all our videos: http://youtube.com/user/TheStreetTV Follow TheStreet on Twitter: http://twitter.com/thestreet Like TheStreet on Facebook: http://bit.ly/1OlNovU Follow TheStreet on LinkedIn: http://bit.ly/1SlDbUc Follow TheStreet on Google+: http://bit.ly/1OlNovV


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