Bloomberg Businessweek

Big Weed Has a Grass Ceiling

As VCs and corporate money move in, women say they’re being pushed aside
Whiteman

When Nancy Whiteman, 61, founded her marijuana edibles company, Wana Brands, almost a decade ago in Boulder, Colo., the legal industry was relatively diverse and dominated by local startups. It helped that Wall Street banks and institutional investors took a hands-off approach to cannabis, leery of getting involved with a drug that’s still banned by the federal government. “It was a pretty even playing field for everybody—men, women, anybody who was interested,” Whiteman says.

These days, however, the industry is increasingly dominated by men. The influx

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