BIGR Ventures, a Colorado-based fund that focuses on the food industry, made its first foray into the hemp and CBD space. The firm led a $3 million Series A investment round into RE Botanicals, a CBD tincture, oil, and oral capsule startup. BIGR partner Carole Buyers explained why the firm decided to invest in a Thursday interview with Business Insider. Click here for more BI Prime stories, and subscribe to our weekly cannabis newsletter, Cultivated. A VC best known for placing bets on organic-food companies is making its first foray into the CBD space.