Trying to Sell Wall Street on the Value of Marijuana

Added on by Emily Carey Gogolak.

Kalvin Savanh grew up in Portland, Ore., and, during high school, he said, he grew marijuana. About 15 years later, Mr. Savanh, 33, still helps grow it — but now it is legal. 

On Friday, Mr. Savanh and a childhood friend, William Serafica, the co-founders of Dynamiq Lightning, a Portland-based company that sells products for indoor cannabis cultivation, met near Wall Street with about 40 potential investors to encourage them to enter the cannabis industry at a time when 19 states have legalized the use of marijuana for medical purposes.

Read more in The New York Times