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Wall Street's Invasion Of The Legal Weed Market

FYI: Steve DeAngelo has two gray pigtails, a felony drug conviction, and $150 million invested on his ArcView platform.

“What I see happening now is the fruition of all the hippie pioneers’ most cherished dreams,” says DeAngelo. He’s a leader in the tie-dyed culture that nurtured cannabis under prohibition and, soon, out of it.

Semilegal weed has sparked a Wall Street land grab. DeAngelo uniquely has a foot in each world, and arms open to the inrushing suits. Hippie culture can not only survive financialization, he argues, but needs it to help spread the plant magic worldwide. Since the early days, “we felt that if more people consumed cannabis, the world would become more peaceful, more sustainable, more just, and a more pleasant and fun place to live in.”
Regards,
Ted
https://www.institutionalinvestor.com/article/b15jlyt53vz09f/wall-street39s-invasion-of-the-legal-weed-market
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