MIT Grads Raise $4.5M to Fund Hemp Trading Platform is accepting qualified medical marijuana patients and caregivers to join our network. We value every registered member and we hope to serve you in Arizona. This article brought to you by 420 community friends

A pair of recent Massachusetts Institute of Technology graduates have packed up, moved to Chicago, and raised $4.5 million to launch a first-of-its-kind trading platform for industrial hemp.

The duo said traditional markets have overlooked hemp, Crain’s Chicago Business reported. And the two are off to a solid start, having won regulatory approval from the Commodity Futures and Trading Commission for a portion of their company, Seed CX, to become a swap execution facility.

The two twentysomethings also hope to become a “designated contract market, or essentially a futures exchange,” the paper reported, which would allow them to

MIT Grads Raise $4.5M to Fund Hemp Trading Platform is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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