WHY BIG INVESTORS EYE-ING $194 BILLION MARKET ARE HIGH ON CANNABIS

Cannabis technology firms are an increasingly important niche within the industry, observes another BI report. These companies support the cannabis industry with hardware, software, data analytics, and cultivation technologies, while also offering consumer devices such as vaporizers. Since cannabis tech firms do not grow, process, distribute, or sell cannabis products themselves, they technically do not violate U.S. federal controlled substance laws.