SAN FRANCISCO–(BUSINESS WIRE)–
Eaze and partners Ultranative and Bail Capital today announced the winning participants of the new Momentum program, a business accelerator with the goal of cultivating the growth and success of underrepresented cannabis business founders.” data-reactid=”13″>Cannabis marketplace Eaze and partners Ultranative and Bail Capital today announced the winning participants of the new Momentum program, a business accelerator with the goal of cultivating the growth and success of underrepresented cannabis business founders.
Ten businesses compose the inaugural class:
These businesses will each receive a $50,000 grant, a ten-week education program led by 40 industry volunteer experts, and access to Eaze’s ecosystem of business, marketing, and retailer resources. After the ten-week course, participants will pitch their businesses to industry-defining investors for the opportunity to raise additional funds.
“Momentum shows how cannabis businesses can take real, practical steps to support diversity, inclusion, and equality,” said Jennifer Lujan, Director of Social Impact at Eaze. “It’s a major and important step forward and we are excited to kick the program off with these dedicated founders.”
Advisory Committee based on a combination of potential for success, lived experience, and current barriers to market entry.” data-reactid=”28″>The Momentum program, announced in October, received 133 applications; the final ten were selected by Momentum’s Advisory Committee based on a combination of potential for success, lived experience, and current barriers to market entry.
With only 17% of executive positions within cannabis businesses held by minorities, people of color and other disadvantaged communities are vastly underrepresented in industry leadership roles. The goal of the Momentum program is to bring the community together to build a diverse and equal industry, and to help those who were historically marginalized or victimized by the War on Drugs.
Code for America to help clear 250,000 low-level criminal offenses; a permanent 25% discount for U.S. veterans; and partnerships with Success Centers SF and the SF AIDS Foundation, among others.” data-reactid=”30″>Eaze’s social impact work also includes a partnership with Code for America to help clear 250,000 low-level criminal offenses; a permanent 25% discount for U.S. veterans; and partnerships with Success Centers SF and the SF AIDS Foundation, among others.
www.eaze.com.” data-reactid=”32″>Eaze, a cannabis marketplace, connects adult consumers with licensed dispensaries and products. We are on a mission to enhance safe access to legal cannabis, educate people about cannabis as a tool for wellness, and drive smart cannabis policies. Learn more at www.eaze.com.
https://www.businesswire.com/news/home/20191113005256/en/” data-reactid=”34″>View source version on businesswire.com: https://www.businesswire.com/news/home/20191113005256/en/
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