Toronto Hosts Pitch Competition for Marijuana Companies

Investor interest in Canada is high in advance of recreational marijuana legalization.

July 18, 2017

Dozens of companies hoping to cash in on the 'green rush' expected when Canada legalizes recreational marijuana have a chance to enter a high pressure pitch competition in Toronto for those looking to score new money.

RELATED: International Cannabis News

Over the next two days, the Arcview Group, which represents hundreds of angel investors, will entertain big ideas from cannabis entrepreneurs looking for seed capital at a downtown hotel.

"It's tough a competition," says Troy Dayton, chief executive of the California-based cannabis investment firm.

Wisconsin Cannabis Legalization Hopes Fade as GOP Lawmakers ‘Gut’ Governor’s Budget

Pennsylvania Democrats ‘Ram’ Partisan Cannabis Legalization Bill Through House

US House Members Introduce Bipartisan Bill to Lay Groundwork for Federal Cannabis Legalization

New Hampshire Senate Committee Recommends Killing Adult-Use Legalization Bill

Wisconsin Cannabis Legalization Hopes Fade as GOP Lawmakers ‘Gut’ Governor’s Budget

Democratic Gov. Tony Evers blasted Republican lawmakers for stripping hundreds of his budget proposals.

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Pennsylvania Democrats ‘Ram’ Partisan Cannabis Legalization Bill Through House

The chamber’s lawmakers voted, 102-101, along party lines to pass the legislation, which aims to establish a state-run dispensary model

Pennsylvania Rep. Rick Krajewski asks colleagues to reject an amendment to his adult-use cannabis legalization bill May 6 on the House floor.

US House Members Introduce Bipartisan Bill to Lay Groundwork for Federal Cannabis Legalization

GOP Rep. Dave Joyce and Democratic Leader Hakeem Jeffries teamed up on the PREPARE Act to create a regulatory structure for cannabis.

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New Hampshire Senate Committee Recommends Killing Adult-Use Legalization Bill

The committee dealt a blow to a House-passed bill that aims to legalize cannabis possession without establishing a commercial marketplace.

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Delaware Lawmakers File Bill to Fix FBI Snafu for Adult-Use Sales

The legislation identifies specific categories of individuals required to obtain fingerprint checks for licenses in the state’s forthcoming adult-use market.

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New Hampshire House Passes 2nd Adult-Use Legalization Bill This Session

The legislation would legalize cannabis for those 21 and older without establishing a commercial market for cultivation and sales.

New Hampshire Rep. Jared Sullivan discusses his adult-use legalization bill March 26 on the House floor.

Virginia Governor Vetoes Adult-Use Cannabis Sales Bill, Again

Republican Gov. Glenn Youngkin rejected the Democratic-passed legislation that aimed to provide adults 21 and older tested and regulated products.

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North Carolina Representative Files Cannabis Legalization Bill for Adults 21+

House Rep. Jordan Lopez introduced the Marijuana Legalization and Reinvestment Act to regulate and tax licensed dispensary sales.

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Hawaii House Kills 2025 Cannabis Legalization Bill, Continuing Blockade on Reform

After the bill survived two committees, a rare motion prevented the legislation from being discussed on the chamber’s floor.

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Pennsylvania Governor Calls for Cannabis Legalization in Budget Address: ‘Let’s Get It Done’

Gov. Josh Shapiro called on state lawmakers to legalize adult-use cannabis in the commonwealth, saying taxation and regulation are long overdue.

Pennsylvania Gov. Josh Shapiro delivers his budget address on Feb. 4, 2025.

Virginia Democrats Renew Fight With Governor Over Cannabis Sales

State lawmakers reintroduced legislation to set up a commercial adult-use program despite expecting another veto from Gov. Glenn Younkin.

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Pennsylvania Lawmakers File Bipartisan Bill to Legalize Adult-Use Cannabis

Reps. Aaron Kaufer and Emily Kinkead are sponsoring the legislation with 15 co-sponsors in the commonwealth.

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