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Venture capital funds have poured close to $2 billion into cannabis startups this year, and mainstream funds are slowly getting more comfortable with cannabis tech companies. But that's at the early stages. For later-stage cannabis companies, it's still challenging to raise growth capital. Top investors say they are still wary of investing in cannabis and cannabis-related companies since valuations are high and THC is federally illegal. Click here for more BI Prime stories, and subscribe to our weekly cannabis newsletter, ... Full investment news article
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Meet the 2019 class of Wall Street's rising stars. From starting a hedge fund before age 30 to running their own alternative-data shops and helping lead $27 billion investments, this group of young finance leaders is in a league of its own. It was harder than ever this year to select just 25 people. Our selection criteria: We asked that nominees be 35 or under, based in the US, and stand out from their peers. Editors made the final decisions. ... Full investment news article
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