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Saturday 22 April 2017

Shark Tank's Kevin O'Leary Talks Marijuana Money: TheStreet

Published on 21 Apr 2017
Canada is set to be the first sovereign country to legalize marijuana nationwide.

Shark Tank's Kevin O'Leary calls it "a great experiment" that other countries are watching.

O'Leary pointed to the billions of dollars marijuana businesses are raising on the public market.

For him, the key to Canada's experiment is the government legalizing pot, regulating it, distributing it and keeping it out of the hands of criminals.

Budding entrepreneurs get the chance to bring their dreams to fruition in this reality show from executive producer Mark Burnett. They present their ideas to the sharks in the tank -- five titans of industry who made their own dreams a reality and turned their ideas into lucrative empires. The contestants try to convince any one of the sharks to invest money in their idea. When more than one of the sharks decide they want a piece of the action, a bidding war can erupt, driving up the price of the investment.

abc.go.com/shows/shark-tank

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