Canopy Launches Canopy Ventures I, a $50 Million Venture Fund Targeting Growth Stage Companies Supporting the Legal Cannabis Industry BOULDER, Colo., January 30, 2018-- Canopy™, a venture capital firm and business accelerator for ancillary products and services companies in the legal cannabis industry, today announced the launch of Canopy Ventures I, a $50 million venture fund targeting growth stage companies. The fund will invest in companies that provide value throughout the cannabis supply chain, which is projected to drive a total economic impact of over $40 billion by 2021 in the United States, according to Arcview Market Research and BDS Analytics.