CanopyVentures closes on investment in BDS Analytics

BOULDER — CanopyVentures, the venture-capital branch of cannabis-focused Canopy, closed on a $750,000 investment in Boulder-based BDS Analytics.

BDS Analytics provides market analysis and consumer research on the cannabis industry.

The Series B funding to BDS is CanopyVentures’ first investment. The firm has a $50 million investment fund for growth-stage companies.

“BDS Analytics has a unique ability to scale alongside the growth of the overall cannabis industry, which gives us the opportunity to invest in long-term growth,” Micah Tapman, managing director of CanopyVentures, said in a prepared statement. “As other industries take…