He's someone who sees this industry for what it is, a unique opportunity, and he’s right on track with being part of history in the making. Alex Thiersch of Salveo Capital is here to give us his insight on the industry, what it takes to succeed in the space, why you’ll never catch him ‘shutting down’ a company due to failure, why he advises entrepreneurs to make two business plans.
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Salveo Fund I will look to invest in firms that cultivate marijuana, like indoor farms, Thiersch said. The pool will also seek to invest in dispensaries, as well as ancillary products like software technology and security. Investments will range from $3 million to $5 million equity per deal, he said.
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