Insider Cannabis newsletter: January 8 - Business Insider

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Insider Cannabis: Dems take Georgia — Cannabis startups VCs can't stop talking about — New York legalization

Democrats' victories in Georgia will pave the way for federal cannabis reform and spur major investors to jump into the booming industry

Analysts from Cowen said the most likely course is the passage of legislation that would protect states that choose to legalize marijuana but stop short of federal legalization.We asked 17 top cannabis VCs to name startups in the industry that they think are poised for major growth in 2021. Each investor was asked to recommend one startup they invested in and one they hadn't. In total, investors gave us 27 names — here are the five that came up most often.

Psychedelics company Novamind recently announced that it raised 10 million Canadian dollars in a private placement. The company is preparing to go public on the Canadian Securities Exchange this month. Here's a look at the pitch deck they used to raise money and build out a network of ketamine clinics in the US.

We've updated our ultimate guide to cannabis legislation after both Democratic Senate candidates in Georgia won their special runoff elections, sequentially cinching a Democratic majority in Congress. Here's a look at what this means for the cannabis industry.

 

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