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Toronto Hosts Pitch Competition for Marijuana Companies

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


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.

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