Cannabis business accelerator launching in 2015
BOULDER — The ArcView Group and CanopyBoulder said Tuesday they plan to launch a business accelerator for startups entering the U.S. marijuana industry.
CanopyBoulder, headed by Patrick Rea and Mark Nottoli, was founded in July. It is a seed-stage, mentorship-driven business accelerator for companies developing ancillary products and services for the cannabis industry.
CanopyBoulder will select 20 startups in 2015 and invest $20,000 in seed capital in each venture in return for a 9.5 percent equity stake. It will provide startups with cannabis industry advisers, and invite them to Boulder to participate in a 12-week business boot camp to jumpstart their ideas.
CanopyBoulder…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!



