Marijuana business accelerator announces first deployment of oversubscribed $4M fund.
Last week, news came out that Canopy Growth might be acquiring Acerage Holdings for $3.4B - a big number when you consider that the entire global industry is worth about $18B. But this landmark announcement has some caveats. Here’s our breakdown of the deal:
When taking on venture capital, your job as an entrepreneur is to build a company that can return that capital (and then some) to investors. Sure, there are a lot of other responsibilities that come with building a startup, but this is a big one. And it shouldn’t be taken lightly. But, how does an entrepreneur go about that?
Getting a new company started is a large undertaking and most startups don’t even make it. So, when getting your young business off the ground, anything you can do as founder to give your company an advantage should be taken.
As an investor in the cannabis industry, we often get asked by entrepreneurs what they can do to stand out in the industry. So, we’ve put together a short list of things investors look for when evaluating deals.
The historic, venture capital-fueled tech boom of the past two decades in Silicon Valley and beyond has turned “innovation” into perhaps one of the most abused terms in our day-to-day lexicon. Years of buzzword status have disconnected us from a meaningful understanding of the real hallmarks of innovation and the conditions that give rise to it. As such, most people wouldn’t consider the cannabis industry the ideal environment to develop new, world-changing technologies; luckily for a small swathe of forward thinking entrepreneurs and investors, most people are wrong.