Talking Weed Business with America's First Cannabis-Focused Startup Accelerator

In the two years since Colorado began selling marijuana for recreational use, it has become the epicenter of a booming industry, one that will gross over $1 billion in sales this year. That number has been predicted to grow nationally to the point where it's larger than the organic food industry as vast swaths of the United States, as well as Canada, gear up for seemingly inevitable legalization.

With opportunity skyrocketing, Colorado has found itself in the midst of a modern-day "green rush." Entrepreneurs—many from out of town, transplants from corporate America or Silicon Valley—are touching down with ideas to innovate in the cannabis industry and make a fortune on the crop.

If The Social Network or Silicon Valley taught us anything, it's that there's much more to a startup's success than an idea. From the operating agreements and nitty-gritty legal documents to the fire-tested business plan and brand formation, new companies have a lot to...

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