Like so many moments in an entrepreneur's journey, uncertainty and pressure make the decision to accept an offer from an accelerator a tough one. Combine that with the fact that cannabis businesses are operating in a federally illegal and ever-changing industry and there are always more questions than answers. Is it the right timing? Is it the right next step?
The Founder's Dilemma: To Attend An Accelerator, or Go It Alone
Topics: Insider, Entrepreneurship
Alumni Spotlight: JAEB Designs is Giving Consumers What They Want
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.
Topics: Insider, Company Info, Entrepreneurship, cannabis companies, canopy alumni, startup, cannabis tech, Cannabis consumption, Consumption Technology, PenSimple, startups
CanopyBoulder Invests $575,000 in Follow-On Funding for Innovative Cannabis Startups
BOULDER, Colo. – July 10, 2018 – CanopyBoulder, a seed-stage investment fund and business accelerator for companies developing ancillary products and services for the legal cannabis industry, is pleased to announce follow-on investments totaling $575,000 into a number of leading cannabis companies. The businesses include packaging solutions, artificial intelligence, product sampling and review solutions, and blockchain technology, among others.
Topics: Company Info, Entrepreneurship, Investing, cannabis business, cannabis investing, cannabis tech
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?).
Topics: Company Info, Entrepreneurship, canopy alumni, startup, smart store, cannabis tech
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:
Topics: Entrepreneurship, cannabis business, accelerator, startup, mentor
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.
Topics: Entrepreneurship, cannabis companies, cannabis business, marijuana, canopy alumni, cannabis science, cannabis investing, startup, frontier markets