Eric Gomez, CEO of Canopy San Diego, stated, “We are very pleased with the diversity across business and consumer segments that we achieved with this group of eight companies. These companies will lend a hand to the growth of the cannabis industry.”
San Diego, CA (PRWEB)
July 18, 2017
Canopy San Diego, Southern California’s premier seed-stage accelerator program for technology and business infrastructure companies that support the legal cannabis industry, is pleased to announce the graduation of its second cohort. Canopy San Diego invests cash, mentorship, and services to accelerate the development of its portfolio companies.
This week, eight companies completed the 16-week cannabis-specific business accelerator program that is designed to spur business development and prepare the companies to raise outside capital. Throughout the program, the companies were exposed to nearly 100 potential mentors, representatives from local venture firms, local angel investors, and key figures within the local entrepreneurial community. Additionally, Canopy San Diego hosted numerous public and private events to increase the participants’ exposure to early adopters and potential customers within the local cannabis community, as well as local early stage technology investors.
The program culminated with Demo Day, a public event held on June 28. Demo Day was attended by more than 250 members of the San Diego entrepreneurial and cannabis communities. All proceeds from ticket sales were donated to the charity Realm of Caring California, whose CEO, Ray Mirzabegian, gave an overview of the organization’s origins and future vision.
Melissa “MJ” Stapley, CEO of MJ Hybrid Solutions, commented that, “the Canopy accelerator program was a…