💰 Financial Record
paymentTransaction Details
Amount
USD
$2,000,000,000.0
Payer (From)
Retail, family office, and strategic investors
Linked to Retail, family office, and strategic investors
Payee (To)
Cannabis-related companies
Linked to Cannabis-related companies
Transaction Date
January 01, 2017
Description
Capital raised in public and private markets in 2017
Additional Details
Date string:
2017
Amount string:
2000000000
Source document:
HOUSE_OVERSIGHT_024649.jpg
📄 Source Document
HOUSE_OVERSIGHT_024649.jpg
ESTATE Collection
Document Summary
This document is page 13 of an Executive Summary from a 2017 Ackrell Capital investment report regarding the cannabis industry. It discusses the increase in strategic investor activity, citing investments by Constellation Brands and Scotts Miracle-Gro, while noting a continuing funding gap due to a lack of institutional support. The document outlines the investment outlook, noting that while billions were raised in 2017, most companies are in early development stages with revenues under $5 million. The document bears a 'HOUSE_OVERSIGHT_024649' stamp, suggesting it is part of a larger document production to the House Oversight Committee.
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