Don't like to read? Check out our podcast recap of the event!
Last week, the National Cannabis Industry Association (NCIA) held their 5th annual Cannabis Business Summit in San Jose, CA. It seemed like the whole industry was there but we know some of you probably couldn’t make it. So, below we’ve pulled together our top 5 takeaways from the event for those of you who missed it so you can feel like you were there, too! Always here to help…
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Topics:
Insider,
events,
cannabis companies,
cannabis business,
marijuana
Do you remember your first smoking contraption? I remember mine. It was a cut up water bottle with an aluminum foil top that held herb. It was precarious and gross and probably kind of dangerous (are you supposed to ingest aluminum?) It worked for a time, I guess, and my lungs still work, so that’s a plus.
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Topics:
Insider,
Company Info,
Entrepreneurship,
cannabis companies,
canopy alumni,
startup,
cannabis tech,
Cannabis consumption,
Consumption Technology,
PenSimple,
startups
One of the black box mysteries I am often asked about is valuation of a company during an investment. As I've been preparing for a presentation I’m giving at the MJBizInt’l conference in Toronto next month, I’ve been thinking about a common aspect of the debate - the importance of revenues.
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Topics:
Analysis,
Investing,
frontier markets,
valuations,
valuing investments,
startups
BOULDER, Colo. – July 10, 2018 – CanopyBoulder, a seed-stage investment fund and business accelerator for companies developing ancillary products and services for the legal cannabis industry, is pleased to announce follow-on investments totaling $575,000 into a number of leading cannabis companies. The businesses include packaging solutions, artificial intelligence, product sampling and review solutions, and blockchain technology, among others.
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Topics:
Company Info,
Entrepreneurship,
Investing,
cannabis business,
cannabis investing,
cannabis tech
Being a consumer in this world can be overwhelming to say the least. We’re constantly inundated with ads on TV, in magazines, and even at the bus stop, for cereal, medications and that toothpaste that 4 out of 5 dentists recommend (who is that fifth guy anyway and what’s his problem?).
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Topics:
Company Info,
Entrepreneurship,
canopy alumni,
startup,
smart store,
cannabis tech
At Canopy, our mentors are a key aspect to creating an environment of growth for our founders. Connection to the right people in the right places, especially in an industry like cannabis, really can be the key to success. So, we're always trying to find the right people to join our mentoring program.
So what do we look for? Well, its important to remember that just because someone is great at their job or industry, doesn't mean they would be a great mentor - just like not every pro athlete makes a good coach. Thanks to our friends at the Global Accelerator Network (GAN), we've been able to identify some important factors that make a great mentor. Check them out:
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Topics:
Entrepreneurship,
cannabis business,
accelerator,
startup,
mentor