Incubators, Inc.

Need help growing your cannabis startup? A new crop of incubators are here to help… for a cost. Here’s what to know.

THOR BENSON

Unless you’re a wealthy business genius who fully understands every aspect of the cannabis industry, you probably need some advice—and a little funding—to get your company off the ground. In the tech industry, this assist often comes in the form of an incubator, like Y Combinator or Techstars. These groups work with companies they believe have potential and help take them to the next level. Now incubators are starting to pop up in the cannabis industry, too. To help you decide whether to try one, here’s the lay of the land: What, exactly, is a cannabis incubator? It’s a company that gives selected cannabis startups a boost in their early stages. Generally, incubators provide expert advice on the direction a startup should take, helping it evolve from its earliest stages…

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Green Entrepreneur (Digital) - 1 Issue, Summer 2019

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