Brazil: Cannabis attracts family offices in million-dollar rounds

If the sector used to count on timid investments from individuals, now it attracts the attention of angel investors, corporate funds, and especially family offices in million-dollar rounds.

RIO DE JANEIRO, BRAZIL - There is a profusion of businesses operating at full steam in the cannabis segment - even if cannabis is not yet regulated in Brazil. Some of these businesses, already in the third round of investments, have reached around R$100 million (US$19 million) funding.

Bill 399/2015, which . . .

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