Christine De La Rosa's The People's Group Fund focuses on cannabis startups run by African-Americans, indigenous people, people of color and women who hold social justice cannabis licenses but lack experience in raising capital.
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Cannabis company CEO Christine De La Rosa has won seed backing from the family office of a Silicon Valley investor for her debut $50 million venture capital fund aimed at minority entrepreneurs in the legal marijuana business.
The People’s Group Fund will deploy from $250,000 to $1 million-plus per investment to cannabis businesses owned by women, African-Americans, indigenous people, and people of color.
“The…