If you are a cannabis startup in the Bay Area or willing to relocate there for 16 weeks, cannabis industry accelerator CanopyBoulder offers you the opportunity to raise your chances of success by providing you mentorship and capital. CanopyBoulder is the first industry-specific business accelerator, having recently graduated its third cohort of cannabis entrepreneurs. Canopy successes include Tradiv’s Aeron Sullivan – recently named by Inc.’s “30 under 30” – and his $1 million marijuana e-commerce platform.
California-based Tradiv, a wholesale distribution platform, has experienced substantial growth since participating in the first class in early 2015. Founder Aeron Sullivan talks about his time at CanopyBoulder and how the startup accelerator helped him launch his online marketplace and reach $1M in monthly sales.:
Tradiv benefitted most from the advisor and mentor network, which Sullivan says prepared him and his team. One of the key lessons learned was how to raise capital, and Sullivan appreciates the many introductions that were made on his behalf to prospective investors. He also expressed gratitude for program directors Micah Tapman and Patrick Rea, who helped him identify key challenges early on, allowing Tradiv’s marketplace to go live within two months of exiting the program.
For those who want to take advantage of the opportunity to advance your cannabis startup company, CanopyBoulder’s next class will take place in the Bay Area beginning in August. The applications are due June 24th and are open to companies that provide goods or ancillary services (not directly involved in the cultivation, processing or sale of cannabis).