The Canadian cannabis industry is booming and it is set to grow even more as analysts project a multi-billion dollar market that will rival the wine business. But the competition and regulatory hurdles can be daunting, so you need capital to survive and thrive in this market. As we’ve seen consolidation is occurring and while we don’t know the exact rules and regulation that all must follow, seed investment is a must.
Thankfully, Canopy Rivers, in conjunction with Canopy Growth, is offering up to a million dollars to prospective micro licensees under the proposed Cannabis Act (CA-45) at our upcoming International Cannabis Business Conference in Vancouver this June 24th-25th, but you must sign up by tomorrow (June 7th) to secure your spot. This “Micro License, Macro Impact” event is a tremendous opportunity for those in the Canadian cannabis industry, or are thinking of joining.
From Yahoo Finance:
As part of the event, Canopy Rivers will be offering up to $1,000,000 in seed capital to help cannabis entrepreneurs realize their business ideas in accordance with proposed regulations underneath the Cannabis Act (Bill C-45) and the new class of licenses including micro-growers, micro-processors, hemp production, lab testing, and other emerging industry segments including retail.
Financial support, an industry leading ecosystem, and world-class expertise await the winners who, following a successful application, will be invited to pitch their vision to the Canopy Rivers team at the International Cannabis Business Conference in Vancouver, BC on June 24 and 25, 2018.
Canopy Rivers’ support for micro-growers is the latest in the broader Canopy family’s commitment to ensuring a vibrant and diverse set of cannabis market participants. From early support for the right to grow medical cannabis at home to the CraftGrow program that brings smaller producers into Canopy Growth’s distribution and retail network, we are proud to contribute towards the success of the sector – big and small.
Judges at the event include Canopy Growth’s Hillary Black, Canopy River’s Olivier Dufourmantelle, renowned cannabis attorney Kirk Tousaw, and Matt Beren, owner of the House of the Great Gardener seed company. These judges have a wealth of experience to share and will provide great insight into your pitch and business plan.
The Vancouver International Cannabis Business Conference is so pleased to host Canopy’s million dollar pitch day event. The ICBC has been providing the latest information and great networking opportunities to those in the burgeoning industry since our inception in 2014 and partnering with Canopy Rivers/Canopy Growth to provide a venue for direct investment is a natural progression for our conference.
Don’t forget that you must sign up at www.canopyrivers.com/pitch-day by June 7th (tomorrow) to snag your spot to potentially earn some crucial seed capital. Also, today, June 6th, is the deadline to save $200 with an early-bird ticket to the Vancouver ICBC. (Early bird pricing ends at midnight!) Don’t delay as the Vancouver ICBC is clearly shaping up as THE Canadian cannabis business conference of the year.