Six Things Cannabis And Sextech Have In Common That Mean Investors Should Be Flocking To Both

 

Obviously, nobody reading this needs to have ‘cannabis’ explained to them, but just in case you’re wondering exactly what I mean by ‘sextech’ – sextech is technology, and technology-driven ventures, designed to enhance, innovate and disrupt in every area of human sexuality and human sexual experience.

And the cannabis and sextech industries have a whole lot in common.

Cindy Gallop talks at the Tomorrow Awards, 2006. (Source: Flickr - Eva Blue)
Cindy Gallop talks at the Tomorrow Awards, 2006. (Source: Flickr – Eva Blue)

1. Cannabis and sextech startups are the new unicorns

The by now overused term ‘unicorn’ refers to any tech startup that reaches a market valuation of over $1billion.

To back a unicorn is every investor’s dream. Well, you don’t get any more unicorn-friendly than cannabis and sextech.

ArcView Market Research predicts the legal cannabis market will grow by 25% this

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