Entrepreneurship is hard. Entrepreneurship in the cannabis industry, a new industry rapidly changing on a daily basis, is even harder. Funding sources are different than traditional industry, valuations are a big issue and, due to federal prohibition, banking is might we say - challenged.
Topics: Entrepreneurship, cannabis business, marijuana, startup, startups, investors, assessing investors, funding
So you’re starting a company. Hopefully, you’ve honed your idea, done the market research and assembled the right team. You’re on your way
Topics: Entrepreneurship, cannabis business, marijuana, startup, startups, funding
Don't like to read? Check out our podcast recap of the event!
Last week, the National Cannabis Industry Association (NCIA) held their 5th annual Cannabis Business Summit in San Jose, CA. It seemed like the whole industry was there but we know some of you probably couldn’t make it. So, below we’ve pulled together our top 5 takeaways from the event for those of you who missed it so you can feel like you were there, too! Always here to help…
Topics: Insider, events, cannabis companies, cannabis business, marijuana
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
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.
Topics: Entrepreneurship, cannabis companies, cannabis business, marijuana, canopy alumni, accelerator, startup, frontier markets
Cannabis is quickly becoming one of the most high-value crops in the United States. However, as more states come online, the price per pound of cannabis continues to drop. This trend is normal - just a symptom of supply and demand - but is obviously concerning for cultivators. While there’s not much a cultivator can do to change supply and demand, they can ensure a high quality product (and thus, more profits) that is both disease free and pesticide free.
Topics: Entrepreneurship, cannabis companies, cannabis business, marijuana, canopy alumni, cannabis science, front range biosciences, tissue culture
