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By Marijuana Business Daily staff
The cannabis industry is becoming increasingly attractive to investors, who are pumping more money than ever into marijuana companies.
One indication of the increased activity: In 2015, cannabis companies secured more than $215 million in venture capital, according to data from the investment research firm CB Insights.
The infusions came in the form of 98 separate investment deals, including 30 in the fourth quarter alone.
By comparison, CB Insights – which tracks venture capital investments in the United States – reported just nine deals totaling a mere $9 million for all of 2013.