Quechee-based Redfield Proctor, a cannabis industry startup which shares ownership with ABVaporizers, has been accepted to participate in Canopy Boulder’s business accelerator program Fall class. The company will see a $30,000 seed investment from the venture fund and allow them access to the other potential investors and their network of canna-business professionals.
Redfield Proctor, founded by Stephen Martin, is described as “a startup in stealth mode focused on efficiency in the cannabis industry.”
“The cannabis industry in Colorado has shifted from just keeping up with demand to competing and stealing market share from one another,” said Patrick Rea, co-founder and managing director of Canopy in a press release. “The result is increased interest in, and demand for the cannabis technology companies that Canopy is investing in. We expect this trend to continue nationwide as state markets mature.”
Startups accepted into the program have a chance to earn an additional $50,000 in funds later during the 16-week program.
Other companies accepted into the program include:
Virtugro, a Colorado-based team founded by Mark Stratton and Russ Baker, which develops automated grow-tech solutions for medium to large-scale cultivators.
My THC Guide, founded by Ebony Costain of Virginia and Jameson Bennet of Kentucky, is developing chatbot solutions for the cannabis space.
Founded by Donavan Bennett of Roswell, Georgia and Joe Novalany of Edison, New Jersey, Cannabis Quality Group is an integrated, cloud-based, quality management system designed for licensed businesses to have transparency into their supply chains.
Serene, founded by London, England’s Ed Mcllory and Adam Bray, encourages an outdoor, active lifestyle by leveraging technology.
Dispenserly, founded by Matt Cooke of Marion, Ohio, manages, monitors, and mines cannabis industry reviews to identify trends and new opportunities.
DeepGreen is an optical recognition technology that identifies plant characteristics using artificial intelligence and machine vision technology. The company is founded by an international team hailing from Germany and France – Maxime Clauss and Maximillian Unfried.
GreenScreens, founded by Ryan Sterling of Maine and Martin DeFrance of Mississippi, manages a digital flat screen network in dispensaries throughout the country that rotate menu information and advertising to inform and target customers in the store.