Pioneering the venture capital scene in LATAM through the legal cannabis industry makes total sense. In Colombia, for example, the industry is expected to be a major income stream for the whole nation and also to consolidate the peace process agreement in place. The positive socio-economic impact that the legal cannabis industry is bringing to the Latino community will not only bring dignity back, is a clear opportunity to distribute wealth closing the gap of poverty. Through a fair and transparent venture capital platform the region will make sure everyone has an opportunity to fundraise independently of the surname or connections of the entrepreneur pitching.
“...The legal cannabis industry is a once in lifetime macroeconomic event, for LATAM the industry means the opportunity to mitigate existing poverty levels and fight wealth inequality. This is where venture capital comes along with cannabis as a major driving force for social change…” Carol Ortega, added.
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