News & Articles

The cannabis industry's first accelerator program invests another $180,000 in nine startups in Berkeley, California

Canopy launches its fourth cohort of cannabis companies on August 29^th – less than two weeks away. After two years in beautiful Boulder, we’ve pivoted to the Bay Area, launching the Fall 2016 class in our new Berkeley, CA, location. We’re often asked why. Why leave Colorado and its successful, booming recreational and medical marijuana industry?

It’s no secret that the cannabis industry has a pesticide problem, with solutions yet to be determined. Marijuana ecommerce platform Tradiv (a cannabis startup and CanopyBoulder alumni) recently to implement quality assurance processes to help confront this problem head-on.

Why does my business need an accelerator program? I already know what’s needed to launch my company: hard work, dedication and self-discipline. I can do it myself.

It’s spring and we are just under four weeks away from March 30^th - the launch of our Spring Class. Micah, Mark and I have been very busy preparing for the arrival of our first 10 startups, and we wanted to share some details about how things are shaping up.

The CanopyBoulder team is hard at work sorting through over 100 applications to find the 10 best companies. The selection committee is evaluating first and foremost on founder qualifications and founding team dynamics. Other considerations include the business idea, area of focus, scalability, and of course the legality of the project (CanopyBoulder only invests in ancillary products and services).