A startup that makes cannabis oil for vaping wants to be America's first $1 billion 'marijuana unicorn' – Business Insider

Cura Cannabis Solutions is dominating the vaporizer market. Facebook/selectstrains

Cura Cannabis Solutions, maker of the Select Oil vape cartridges, wants to be the first “unicorn” with a $1 billion valuation in the US marijuana industry. The company raised at a $400 million valuation in 2017. While other cannabis brands tout being vertically integrated, Cura is focused on building a singular product: cannabis oil.

Cura Cannabis Solutions, a startup that makes marijuana oil for vape cartridges, wants to be the first US company in the cannabis industry to achieve elusive “unicorn” status with a billion dollar valuation.

“We’ve had a lot of nicknames. ‘Unicorn’ is definitely a new one,” said Cura president and cofounder Cameron Forni.

Cura is currently raising funding at a $400 million valuation, which represents a 1,300% increase from its valuation in 2016 and puts it ahead of the combined market value of the two biggest publicly traded marijuana companies in the US: Terra Tech and Kush Bottles.

Cameron Forni is cofounder and president of Cura Cannabis Solutions. Cura Cannabis Solutions

The Oregon-based company closed the year

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