Denver's New Marijuana Business Incubator Program Has Big Plans

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The new program, funded by $500,000 in marijuana tax revenue, plans to help around 100 potrepreneurs.

has been holding ten-week courses for potrepreneurs for about two years, but now Woodson has $500,000 in city funds backing her play.

The plan is to help new business owners gain experience while receiving professional help to push their ideas forward."We have now legal representation for our cohorts, and we can help with more application processes and provide more technical assistance," Woodson says."We're going to create a small fund for new licensees. We're also going to be helping with business plans, pro formas and financials, which we weren't doing before. Before it was just me.

 

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Great timing. The market is flooded with product. There aren't enough buyers for the product already on shelves and stores are closing on a weekly basis. Legal weed has hurt Colorado and every state it exists.

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