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

 

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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