Designed Technology created a new market with the world’s first Vapor Tap.
Topics: Company Info, Entrepreneurship, canopy alumni, accelerator, startup, cannabis tech, Cannabis consumption, Consumption Technology, startups, vaporizer, Vapor Tap, Bello, Designed Technology, hardware
The term “startup” is really a pretty unhelpful one. What does it even mean? What counts as a startup? It’s a hard word because each business differs and things can escalate quickly. But, while all startups are different, there’s one thing they all have in common - a lot of risk.
This month, we're changing things up a bit and making it easier than ever for you to get caught up with our alumni. Instead of writing a long blog that requires you read (who even reads anymore?), our Managing Director, Patrick Rea, sat down with deepgreen CEO, Colin Ferrian, to talk not only about the company and being an entrepreneur but about tech in cannabis and general agriculture as a whole.
When cannabis was legalized in Colorado and Washington in the 2012 election, it was hard to imagine the industry that would develop in the six short years since. Where there once were vague signs for hard to find dispensaries that made you feel like you were still up to no good now stand state of the art, modern and sophisticated retail fronts. But when legalization finally came down, it was hard to imagine all of that. The year between the passing of amendment 64 and the first adult-use sales in January 2014 was a weird year. With so much anticipation and press coverage, legalization proponents were a little worried about how all the hype would roll out. Would people understand and respect the laws? Would tourists understand how to consume cannabis responsibly? Would this be a failed experiment?
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: