{"id":62383,"date":"2018-02-17T00:11:23","date_gmt":"2018-02-17T05:11:23","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=62383"},"modified":"2018-02-20T01:56:10","modified_gmt":"2018-02-20T06:56:10","slug":"a-hedge-fund-that-focuses-solely-on-marijuana-is-crushing-it","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2018\/a-hedge-fund-that-focuses-solely-on-marijuana-is-crushing-it.html","title":{"rendered":"A Hedge Fund That Focuses Solely On Marijuana Is Crushing It"},"content":{"rendered":"<p>(The Business Insider) When Sean Stiefel told his dad two years ago he was going to invest in an Uruguayan cannabis company after getting pitched on the deal by a broker, the reaction was laughter.But that bet paid off in a big way. Stiefel, along with his partner John Kaden, invested in International Cannabis Corp \u2014 a producer of CBD (an extract from the cannabis plant used for medicinal purposes) \u2014 at a $40 million valuation and exited at a $160 million valuation only four months later.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/bi-prime-navy-capital-investing-in-the-public-marijuana-market-2018-2\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(The Business Insider) When Sean Stiefel told his dad two years ago he was going to invest in an Uruguayan cannabis company after getting pitched on the deal by a broker, the reaction was laughter.But that bet paid off in [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-62383","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/62383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=62383"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/62383\/revisions"}],"predecessor-version":[{"id":62384,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/62383\/revisions\/62384"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=62383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=62383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=62383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}