Alcohol companies beware: Cannabis startups are coming for your customers. Now that recreational marijuana is legal in California and seven other states, startups are vying with traditional beverage companies for the attention of consumers planning to ingest a social intoxicant.
Tag Archives: Startups
Making medical marijuana legal in Ohio will require breaking a few laws first. The state’s medical cannabis growers face a curious — and perhaps risky — predicament.
I had a chance to interview one of the cannabis industry movers, someone who has been involved in this industry for quite some time. She has co-founded several companies, had her hands in all different kinds of areas during these start-ups and finally through all of that has found her one true passion in the cannabis world. She is an cannapreneur that radiates energy and excitement!
When retail outlets in California finally get permission to start selling recreational marijuana at the start of 2018, thanks to a vote last year, there’s one notable way they won’t be able to deliver the drug—by drone.
BOULDER, Colo., April 20, 2017 /Weed Wire/ – Canopy, a venture fund and business accelerator for companies developing ancillary products and services for the legal cannabis industry, is pleased to announce multiple events for investors and the public to mark the graduation of its Spring 2017 accelerator program cohort.
SAN FRANCISCO, March 14, 2017 /Weed Wire/ — Enlucem, a strategic brand consultancy currently advising startups in the cannabis space, announced today the results of a detailed consumer study of Californians’ attitudes toward cannabis products.
Proceed with caution, said a number of speakers taking part in the California Cannabis Business Expo, which runs through Wednesday at the San Diego Sheraton Hotel and Marina.
Startups are finding new ways to tailor technologies specifically to cannabis businesses.
We recently took a trip around the Pacific Northwest to do some “research” into the legalization of marijuana in the United States and cannabis startups. What we saw was shocking to say the least. In a good way.
On Oct. 18, 2016, CB Insights released a report on deals made and dollars invested into private American cannabis companies in the third quarter of 2016. Deals remained steady for the quarter, but dollars invested dropped to the lowest recorded level since Q3 of 2015.
The Wild West of weed is on fire with entrepreneurial opportunities. Potpreneurs across America are legally growing, curing and cooking the skunky stuff in record numbers. As those who cultivate and sell the plant grow, so do the offshoot businesses sprouting up around them.
Few niche networks ever really made it big time. I can say that because if you just asked yourself to name a few vertically-focused networks, you’d probably scratch your head and come up empty.
On July 20, 2016, Ackrell Capital, an investment bank, and Vator, a tech platform for startups and investors, announced the launch of CannaVator, a 10-week cannabis business accelerator program in Oakland, California.
While cannabis-focused startups are beginning to sprout all over the country as various forms of legalization are implemented, the District’s bizarre standard of having cannabis technically legal but unregulated is a fecund plot for creative businesses.
Want to know the most important factor for being a respected professional in today’s legal cannabis industry? Reputation.
Marijuana Investor Summit is proud to present a special edition of WeedClub’s @420 Pitch at the California Cannabis Business Expo held at the Hilton Union Square in San Francisco on March 3, 2016.
On Feb. 3, 2016, the CNBC series The Pulse @ 1 Market released its interview with Leslie Bocskor, CEO of Electrum Partners, as a part of Althea Chang’s article, “Tech start-ups hope for marijuana sales growth.”
The ArcView Group, one of the best known investment groups focusing on marijuana investments in the United States, has named Leslie Bocskor, the CEO of Electrum Partners as its “Outstanding Investor Member” of 2015.
Two flavors of Bay Area life — cannabis and technology — will continue their fusion this winter with the launch of Gateway Incubator, LLC in Oakland’s Jack London district. It will be California’s first cannabis company incubator.
The stoner image is sometimes addressed from the investing arena as if it were the stepchild, or the sibling that didn’t go to college. But is this really accurate, not to mention ignoring a very large market?
On Wednesday, Nov. 18, CanopyBoulder’s Fall 2015 class will host “CanopyBoulder Demo Day,” a presentation of nine pioneering startups that are now ready to pitch their companies to seasoned investors after an intensive 13-week business accelerator program.
The burgeoning cannabis sector is often compared to the gold rush, especially the lesson that the picks and shovels were where the real money was made. There are a few other comparisons too, and misconceptions.
LOS ANGELES, Sept. 1, 2015 /Weed Wire/ — More than 200 high net worth investors from around the world will gather in Los Angeles, CA at the next ArcView Investor Forum, the country’s first and most prolific group of cannabis investors.
As of early August, CanopyBoulder Spring Class companies have raised nearly $3 million in seed financing, and more is on the way. But don’t think that raising money or investing money is easy—it is not.
In the cannabis market, entrepreneurs also face the challenge of myriad regulations in a quickly changing market. But the cannapreneurial journey itself, win or lose, is being embraced by media companies.
Entrepreneurs help create and define an industry and can start at surprisingly humble levels, like a garage. Some are storefront businesses, and some may even start on wheels like the pushcarts so ubiquitous on Manhattan’s streets.
Entrepreneurs don’t always know what qualifies as a fungible asset. And they’re not aware that many emerging businesses can gain access to finance fairly easily if their business has the right components.
If you’re an entrepreneur, and your company isn’t quite ready for potential investors, how do you acquire financing? For regular businesses, getting a loan from a bank or financial institution is the most straightforward answer, but that’s not always an option for those in the marijuana industry.
ED ZIMMERMAN: “Businessmen they drink my wine, Plowmen dig my herb.”
Three out of four new businesses fail. A simple fact. So if your dream business is more likely to be unsuccessful than successful, why even try?
“When we want to raise capital,” Dooma Wendschuh, the thirty-eight-year-old co-founder of a cannabis company called ebbu, said, “I go up to someone and say, ‘Would you like to invest in my company?'”
More than 115 early-stage startups applied for one of 10 spots within CanopyBoulder’s spring business accelerator program for the legal cannabis industry.
As one of the fastest growing sectors in America, legal cannabis and its ancillary markets are attracting investors eager to take part in the “green rush,” and opportunities for partnerships to blossom abound.
Cannabis stocks were under pressure today. News flow was light and so was the overall interest. Friday, anyone?
CanopyBoulder wants to support the responsible growth of the cannabis industry by mentoring young companies as they get their businesses off the ground.
If you think the marriage of a business accelerator and the fastest-growing industry in America seems like a slam dunk, you’re right.
During the last two fiscal years, investors spent $104.5 million to gobble up stakes in cannabis and cannabis-related companies, according to research firm CB Insights.
The UpTake: Marijuana startups are all the rage since states began legalizing the herb for medicinal and recreational use. But that doesn’t mean venture capitalists are ready to make the jump.
The spirit of the JOBS Act is strong, though its flesh (that is, its actual implementation) is weak. The spirit of that 2012 enactment may have just created an important new conduit for the movement of cash into the growing legal cannabis industry in the United States.
As recreational use of marijuana ramps up, entrepreneurs are trying their hand at cashing in on the green rush.
GreenStone Labs is a marijuana consulting services company; it specializes in growing startup ideas into profitable businesses.
In a non-cannabis industry an entrepreneur might simply go to the bank for financing, but not so in the marijuana world. Few lenders are ready to do business with a startup whose status is still questionable under federal law. Is crowdfunding an option?
It is common for the marijuana industry to be portrayed as one dimensional. To many individuals, the marijuana market simply consists of a grower, a store owner, and a smoker; however, nothing can be further from the truth.
On Saturday, June 7, 2014, The ArcView Group gave a two-hour presentation on cannabis business at the Chicago Cannabis Conference. It was an opportunity for attendees to get a medical marijuana education in law, investment and startups. In the first hour, Troy Dayton, CEO of The ArcView Group, gave a detailed presentation on the cannabis industry.