71°

Topics

Earl Blumenauer
Marijuana industry finds unlikely new allies in conservatives
Marijuana industry finds unlikely new allies in conservatives

WASHINGTON — Hoping to get pot legalized in Nevada, an investment firm specializing in the fast-growing marijuana industry invited the ballot initiative's backers to pitch 150 financiers at a Las Vegas symposium. Within 10 minutes, they raised $150,000. Political contributors are not the only ones taking notice of the new realities of the marijuana business, said San Francisco-based ArcView Chief Executive Troy Dayton, who estimated his group would pump about $500,000 into pot this year. Officeholders and candidates now jostle for the stage at investor meetings, he said. "A little more than a year ago, it would have been worthy of a headline if a sitting politician came...

Loading