Eaze Launches Cannabis Business enterprise Accelerator Providing $50,000 Grants

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Cannabis operators in the United States have a new chance to develop their companies courtesy of San Francisco-primarily based cannabis marketplace Eaze and its partners Ultranative and Bail Capital.

On Tuesday, September 24, Eaze and its partners announced the launch of Momentum, a business enterprise accelerator aimed at assisting underrepresented cannabis business enterprise founders in the nation develop their firms and succeed.

“Starting a new cannabis business enterprise can be particularly difficult for entrepreneurs who have been historically marginalized or victimized by the War on Drugs,” mentioned Eaze Director of Social Influence Jen Lujan. “All cannabis operators have a duty to aid create a diverse and equitable sector and Momentum is an additional way Eaze and our partners are supporting this significant purpose.”

The initially group of ten participants in Momentum will acquire a $50,000 grant, participate in a ten-week education system led by sector specialists, and have access to Eaze’s business enterprise, advertising and marketing, and retailer sources.

At the finish of the system, participants will have the chance to make pitches to sector-defining investors for the possibility to raise more capital to develop their organization.

Momentum applicants will be evaluated on their lived knowledge, present barriers, and possible for accomplishment in the cannabis sector.

All applicants with THC-focused firms ought to have state and regional licenses and CBD companies ought to be enrolled in the Federal hemp pilot system.

California Urban Partnership CEO Malaki Seku Amen says that Momentum creates an fascinating chance to create and expand relationships amongst founders and sector leaders who are operating collectively to develop a powerful and equitable cannabis sector.


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