Cannabis Business Incubator Launches in Oakland
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The subscription service is currently unavailable. Please try again later.It might appear odd that California’s very first marijuana company incubator just launched, however better late than never ever.
Based in Oakland and started by two technology veterans, Entrance Inc. seeks to nurture both supplementary companies and business that manage the plant, such as growers, dispensaries, and extractors.
Gateway will offer business with $30,000 in return for 6 % equity, with when percent going to the coaches accountable for training the incubator business, along with workplace, according to Oakland North. The paper reported that another incubator, CanopyBoulder in Colorado, provides companies $20,000 in exchange for 9.5 % equity.
To get into the four-month Gateway program, applicants should at least have a prototype of the product or service they wish to provide. The founders, Ben Larson and Carter Laren, are most interested in business that have the very best possibilities of increased scalability, while entrepreneurs who are still in the...
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