CanopyBoulder Raises $1.2M to Invest in 20 Cannabis Startups

canopy-boulder-logoCanopyBoulder, a Boulder, CO-based seed-stage, mentorship-driven, business accelerator, raised $1.2m to invest in 20 early-stage startups providing ancillary products and services to the legal cannabis industry.

Created in partnership with the ArcView Group and led by Managing Director, Patrick Rea, CanopyBoulder will run two three month long business accelerator boot camps for these startups in 2015. Selected companies receive 20k in funding and mentorship services to define business models, refine selling propositions, and focus marketing and fundraising activities.

The first cohort launches on March 30, 2015 in Boulder, Colorado and ends in June with 10 startups presenting to the ArcView Investor Network, Rockies Venture Club, and then at the National Cannabis Industry Association’s Cannabis Business Summit.

FinSMEs

27/03/2015

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