You’ve Got a Genius Weed Idea, Now What?

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Let’s say you’ve just come up with that brilliant-but-practical cannabis idea that’s going to get you your share of the explosive new marijuana industry. Here’s the problem: perhaps you have insufficient business experience and you’re not exactly flush with cash.

The founders of Gateway Incubator in Oakland, California want to help you. If you’ll trade them 6 percent of your company, they’ll give you $30,000 in startup capital and have you move into office space alongside nine other aspiring cannabusiness entrepreneurs. At what’s essentially cannabis startup boot camp, a wide range of relevant mentors will train you to build a successful business throughout your four months.

Start with your one-sentence pitch. Gateway’s own one-sentence pitch, according to co-founder and managing partner Carter Laren off-the-cuff, might look like this:

“We’re the startup accelerator helping aspiring cannabis-related businesses learn how to build scalable, fundable companies.”

Obviously, you won’t be the only one...

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