Wall Street Thinks It's High Time to Monetize Pot
Good time to get in on the ... what was I ... ? Oh, the market, right. Good time to get in on the market.
A customer pays for his marijuana purchase at a shop in Denver.
Photographer: Benjamin Rasmussen/The New York Times via ReduxThis article is for subscribers only.
Inside a Brooklyn ballroom, investors smoothed their suits and opened their iPads, preparing for a day of sizing up hungry entrepreneurs and impassioned lobbyists.
One after another, startup founders took to the stage, making their cases for a round of venture capital. There was a building materials manufacturer, a catering company and, as one would expect, the inventor of a vaporizer.