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Marijuana Investors Weigh Pot Pitches at Las Vegas Conference

Daniel Yazbeck stepped to the podium before about 140 investors in a Las Vegas conference room with 15 minutes to persuade them to bankroll a handheld testing device that helps pot users evaluate marijuana.

Yazbeck, a lead investor in the product called MyDx, part of La Jolla, California-based CDx Inc., told the group he was seeking $1.25 million in exchange for a 20 percent stake in the analyzer company. He was the first of 12 entrepreneurs invited to pitch at a conference organized by ArcView Group, a San Francisco-based firm of angel investors.