Terry Pao worked in the very conventional business of government consulting for years. So when he and his wife decided to sell their company and start a new venture firm in Vienna, he turned to a less conventional industry in which to invest: cannabis.
For Pao and other investors who gathered Thursday in Greater Washington, the equation is tempting. The market is still emerging with varying degrees of legalization in several jurisdictions, including D.C., and there is still enough trepidation keeping other investors on the sidelines and competition for prospects low
