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Angel investor seeks out management teams that can show thorough research

Angel investor Jen Piro was impressed by the market research that went into Union Electric?s business plan. Courtesy Photo

Management teams for capital-intensive businesses such as cultivation need to be “stellar” to get the attention of Jen Piro, an angel investor who has placed more than 25 investments in plant-touching and ancillary companies—primarily through the Cannabis Syndicate, a network of marijuana angel investors.

“They’re going to need a lot of creativity about how they’re going to raise the capital that’s needed—and think about buildings and licenses and real estate, and putting all this into play to package

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