Agribusiness  December 16, 2014

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…

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