OAKLAND, Calif., March 23, 2013 /PRNewswire/ -- ArcView—the ambitious, accredited cannabis investment network co-created by Steve DeAngelo—will grace the cover of Fortune Magazine March 25, 2013. The feature story gives readers an inside look at growing investor interest in one of the country's fastest emerging industries—cannabis.
In January, Fortune's senior legal analyst/reporter Roger Parloff traveled to Seattle, Washington, where he was given exclusive access to The ArcView Group's Angel Investor Network Meeting, which pairs accredited investors with vetted cannabis companies around the United States.
Cannabis industry and movement leader, Steve DeAngelo, co-founded The ArcView Group in 2010 with fellow activist/entrepreneur, Troy Dayton. The event was attended by 35 investors, who heard pitches from 12 cannabis-related companies after being welcomed by Seattle Mayor Mike McGinn.The ArcView Group is developing a responsible, respected, profitable, and politically engaged, legal cannabis industry. In addition to the Angel Investor Network, ArcView acts as a business incubator. Other projects developed by ArcView include Cannassure Insurance Services, See Change Research, and a soon-to-be-launched crowd-funding platform, WeCanna. Steve DeAngelo is a veteran activist and entrepreneur who has launched several successful cannabis ventures, including Harborside Health Center, the nation's largest, model medical dispensary; Steep Hill Laboratory, the nation's first and most sophisticated cannabis-testing laboratory; and Ecolution, which for a decade was America's premier industrial hemp company. DeAngelo and Harborside have also led the way in resisting the U.S. attorneys' crackdown on regulated medical cannabis providers in California, and currently are litigating two separate lawsuits against the federal government to halt federal efforts to close medical cannabis dispensaries. Read the full Fortune cover story here: http://money.cnn.com/2013/03/21/smallbusiness/legal-marijuana-startups.pr.fortune/ For more details about The ArcView Group, go to: arcviewgroup.com.