Calling all cannabis startup hopefuls! Canopy Boulder is a seed-stage cannabis investment fund and business accelerator. It’s important to note however that the Oakland-based accelerator only invests in ancillary products and services. This means that everything that has to do with growing, processing, testing, and selling cannabis or cannabis products is not applicable. Chosen teams must must relocate to Oakland for the duration of the program, which includes the following terms:
- 16 week accelerator program
- Up to US$70,000 in seed funding
- Mentor guidance and training
- 6% – 9.5% equity
As one of the first of its kind, Canopy promises to be an interesting option for those who want to tackle the ever growing legal cannabis industry from an ancillary products and services angle.
Learn more about the program: http://www.canopyboulder.com/