Cannabis

The latest news about cannabis technology and cannabis startups in Southern California from dot.LA
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Netflix’s decision to partner with Microsoft for its ad-supported subscription plan could put the company on track to generate a multi-billion dollar ad business.

The struggling streaming giant could boost its revenue in the U.S. and Canada by $3 billion, or 20%, by 2024, Bloomberg Intelligence tech and media analyst Geetha Ranganathan recently wrote to clients. She added that Netflix could use ads to potentially monetize 25% of its U.S. and Canadian subscriber base, or about 19 million people.

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Courtesy of Karan Wadhera

On this episode of the LA Venture podcast, Casa Verde Capital’s Karan Wadhera talks about the cannabis industry, investing in risky environments and working with music legend Snoop Dogg.

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Image courtesy of Crypto Cannabis Club

With West Hollywood becoming a hub for cannabis consumption lounges and many Silicon Beach companies embracing virtual reality, it was only a matter of time before two of Los Angeles’ two burgeoning industries started mingling.

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