Cannabis tech accelerator opens in San Diego
Canopy San Diego now accepting startup applications for 16-week intensive
by Jennifer Van Grove | 6 a.m. July 21, 2016
Canopy San Diego said it is launching now because it believes the state’s legal marijuana market is already sufficiently large enough to support new businesses. With sales projected to reach $2.7 billion this year, California is the largest medical marijuana market in the nation. And, if residents vote in favor of recreational use in November, the state’s cannabis industry is expected to swell exponentially.
The First Big Company to Say It’s Serving the Legal Marijuana Trade? Microsoft.
By NATHANIEL POPPERJUNE 16, 2016
As state after state has legalized marijuana in one way or another, big names in corporate America have stayed away entirely. Marijuana, after all, is still illegal, according to the federal government.
But Microsoft is breaking the corporate taboo on pot this week by announcing a partnership to begin offering software that tracks marijuana plants from “seed to sale,” as the pot industry puts it.