With the theme of Build A Better Mousetrap, the Cannbis 10X virtual pitch event will happen virtually, this Saturday 18, July. that brings investors, entrepreneurs, businesses and the media together for find the best companies looking to enter the cannabis market space. The one-day event will take place this Saturday, July 18th online as all events are being held these days. Much like previous events, the conference will have a line up of speakers with Founder and former Chairman & CEO at Canopy Growth Corporation and industry stalwart, Bruce Linton delivering the keynote address. With all that, attendees can watch the pitch sessions live while the voting takes place. It’s not interactive, but it should be interesting and showcase some innovative minds entering the cannabis space.
The event hosts Jason Tropf and Holly Ford stated Cannabis 10X to bring more people into the cannabis space. Tropf believes that generation wealth can begin with the cannabis industry and the company is dedicated to “creating limitless opportunities in the cannabis space”.
The event aims at “Bringing the brightest minds together with one aim: To discover, develop and support the growth of the most effective business models with incredible executive founding teams through Strategic Partnerships, Franchising, Acquisitions and Exit Strategies.” Cannabis 10X does focus on franchise opportunities and are the first cannabis brokerage company in the US. One has to sign an NDA in order to get access to their services. And they have a programme called Cannabis Syndicate in which offers investors and business owners access to a network of other individuals and opportunities. It also allows for smaller investors to take a larger stake in the industry with pooled resources, and a varied portfolio to minimize risk.
During the event, 24 companies will vie for a single category prize in four categories. Cultivation, Processing, Anciallry and Retail. Each company will have 5 minutes for their pitch to be followed by a rapid-fire Q&A session with notable industry leaders. The finalists in each category will walk away with the prestigious Better Mousetrap prize and presumably funding for their ideas.
Ganjactivist.com will be covering the event and join us on The Ganja Project when we speak with event organizers and some attendees.