Today is the Last Day to Make Your Million Dollar Cannabis Pitch

Launching a business in the cannabis industry is exciting and can be a rewarding experience. But it's also expensive, and that's where the Million Dollar Pitch event comes in.

One of Canada's leading cannabis producers, Canopy Growth, has teamed up with cannabis investment firm Canopy Rivers to host what they're calling the Million Dollar Pitch Day. The event gives entrepreneurs who hold micro-licenses under Canada's Cannabis Act to make a pitch for a million dollars to help get their business moving. With industry-wide sales projected to hit $10 billion this year (and climb much higher in subsequent years) the cannabis industry is becoming an recitative place for budding business people.

The event will be taking place at the International Cannabis Business Conference in Vancouver at the end of June. Those hoping to secure the $1,000,000 in seed capital will have to be invited to the event through a successful application, and will pitch their business - Dragon's Den style - to a panel of investors that includes Canopy Growth’s Hillary Black, Canopy Rivers' Olivier Dufourmantelle, renowned cannabis attorney Kirk Tousaw, and Matt Beren, owner of the House of the Great Gardener seed company.  Of course, the winner will get more than some startup cash - they will also access "an industry-leading ecosystem, and world-class expertise" from the investors.

Interested entrepreneurs can apply here for the chance to be invited to the event, but you better be quick: the application process closes tonight, June 7.

Cannabis for Beginners - Is there a difference between medical and recreational marijuana?


Local officials and law enforcers often have fears that allowing legal cannabis shops to operate within their jurisdictions will have detrimental effects. Some people fear that allowing pot shops in their neighborhood will increase violent crime rates, allow young people easier access to the drug and lower the property value of surrounding homes. But is any of that true?

Can we see some ID please?

You must be 19 years of age or older to enter.