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Home 🌿 Marijuana Business News 🌿 Canopy Rivers announces "Micro cannabis, macro impact" pitch day for cannabis entrepreneurs 🌿Canopy Rivers announces "Micro cannabis, macro impact" pitch day for cannabis entrepreneurs
Up to $1,000,000 of seed capital to support aspiring cannabis entrepreneurs.
Canopy Rivers Corporation ("Canopy Rivers", or the "Company") is excited to help foster growth in the Canadian cannabis landscape by hosting a pitch day for cannabis entrepreneurs ahead of impending adult use legalization. In accordance with the proposed regulations underneath the Cannabis Act (Bill C-45) and the new "micro" class of licenses, the Company is offering up to $1,000,000 of seed capital to support a diverse range of aspiring cannabis entrepreneurs.
Canopy Rivers has developed an ecosystem of complimentary and best-in-class cannabis operating companies across all the various niches of the cannabis economy. With the proposed regulations outlining licenses for micro-growers, micro-processors, hemp production, lab testing, retailers, and other emerging segments that have been underrepresented in the industry so far, Canopy Rivers is eager to create a more inclusive and diverse cannabis industry.
Entrepreneurs should ideally be in process of, or have the intention to, apply to Health Canada for a micro-license under the proposed Cannabis Act (Bill C-45). Interested parties can apply at the Canopy Rivers website and a select few will be invited to pitch live in front of a panel of industry professionals and representatives of Canopy Rivers in Vancouver at the International Cannabis Business Conference on June 25th, 2018.
"The cannabis sector's investment prospects are no longer exclusively tied to medical cannabis cultivation at scale, and innovative businesses are emerging," said Daniel Pearlstein, Executive Vice President, Head of Business Development, Canopy Rivers Corporation. "We are excited to help foster growth and innovation by supporting startup cannabis entrepreneurs".
The winners, like all members of the Canopy Rivers family, will benefit from Canopy Growth's world-leading expertise across the full cannabis value chain. This unique platform allows entrepreneurs to maintain more control of their operations, develop proprietary brands and strategies, and strengthen their position within Canada's globally leading network of emerging cannabis companies and brands.
The company is calling on forward thinking entrepreneurs to apply and position their Micro Cannabis business for a Macro Impact.
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