Marc Andreessen is retweeting a lot about weed today

Marc Andreessen is retweeting a lot about weed today

marc andreessenMight Marc Andreessen be the following main investor eyeballing the burgeoning authorized marijuana market?

Mayhaps. It got here to our consideration today that he was definitely retweeting a lot of feedback about marijuana. See beneath:

@pmarca Will not marijuana be all the way down to commodity costs quickly? 1. WA has a glut on the leisure market & 2. extra states voting to legalize

— Spencer Inexperienced (@SpencerGreen111) January 26, 2015

@pmarca @SpencerGreen111 There already are particular MJ strains backed by hip hop stars. No overhead prices to market by way of instagram.

— Ian D King (@iankingnyc) January 26, 2015

It’s not stunning in any respect that Silicon Valley desires to get in on the hashish bandwagon. After Peter Thiel’s official announcement that his Founders Fund is investing in Seattle-based Privateer Holdings, it is going to solely a matter of time till the opposite big-time funding {dollars} begin coming into authorized weed.

Funnily sufficient, Andreessen Horowitz just lately introduced its “16 issues” it is going to be specializing in in 2015, and marijuana wasn’t considered one of them. The agency “invests in about 1 out of each 100 offers that come its approach, making choices not based mostly on explicit themes or subjects, however fairly individuals and concepts,” according to Quartz.

Let’s see in the event that they develop into the following main tech participant to enter the leisure marijuana market. Excessive occasions, certainly.

Related posts

Amazon consolidates healthcare groups under veteran exec, shakes up pharmacy leadership


The Epic v. Google lawsuit finally makes sense


Blizzard employee will detail studio’s ‘alcohol-soaked culture’ in press conference