What do investors look for in management teams of cannabis companies? A mix of business prowess, and cannabis experience says Troy Dayton, CEO of The Arcview Group.
Founded in 2010, The Arcview Group is the first and largest group of investors dedicated to the legal cannabis industry. Its members have invested more than $200 million into nearly 200 cannabis companies.
Dayton says the mix of talent is important to be able to respond to and manage scale, but also understand the nuance and idiosyncrasy in this sector.
What happens when a cannabis company doesn't have the mix of business and cannabis experience? "I've seen a lot of people fall flat on their face," he says.
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