While much of the news about the cannabis industry seems mixed-to-grim, we at CanopyBoulder are hearing more stories of success than failure. Many of our portfolio companies are thriving amidst the global pandemic. Below we are highlighting the story of Royal Supply, a packaging supply and solutions company serving the cannabis industry that is setting new sales and growth records. Royal Supply graduated from the recent Winter 2020 CanopyBoulder Accelerator cohort.
A few weeks ago, we held our annual Jumpstart Conference where we brought together industry professionals from different verticals to talk about issues related to starting-up and operating in the space.
Topics: Company Info, Entrepreneurship, canopy alumni, accelerator, startup, cannabis tech, Cannabis consumption, Consumption Technology, startups, vaporizer, Vapor Tap, Bello, Designed Technology, hardware
Listen to our interview with Best in Grow founders, Jake Levin and Andrew Duffy. And, if you’re not so into listening, we’ve outlined it for you so you can get the main points without a long attention span.
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?