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?
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Topics:
Entrepreneurship,
cannabis companies,
canopy alumni,
accelerator,
startup,
startups,
potguide
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
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
The cannabis industry is currently one of the fastest growing industries in the United States. Growing at a rate of 30% annually, BDS Analytics estimates it to be worth $22B by 2020, just 6 short years after the first state fully legalized.
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Topics:
Entrepreneurship,
cannabis companies,
cannabis business,
marijuana,
canopy alumni,
cannabis science,
cannabis investing,
startup,
frontier markets
There’s a story that gets told around the Canopy offices from time to time about one of our alumni’s mothers and her first trip to a dispensary. The story goes that the mom arrived in Denver, had some time to kill and so stopped into a dispensary. Mom was not an experienced cannabis user and so, of course, asked the budtender what she should get. The budtender recommended edibles. Lots of edibles. Too many edibles.
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Topics:
Entrepreneurship,
cannabis companies,
cannabis business,
marijuana,
canopy alumni,
accelerator,
startup,
frontier markets
One of the things we hear around here from time to time is the appeal of the cannabis industry because it is not yet set in decades of tradition. This reality opens up opportunities to build something with the state of our world in mind. Ron Basak-Smith and James Eichner of Sana Packaging are two of the visionaries bringing a more sustainable future to this nascent industry.
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Topics:
Entrepreneurship,
cannabis companies,
cannabis business,
canopy alumni,
startup,
sustainability
