Gateway will provide companies with $30,000 in return for six% equity, with once percent going to the mentors responsible for coaching the incubator companies, as well as office space, according to Oakland North. The paper reported that another incubator, CanopyBoulder in Colorado, gives businesses $20,000 in exchange for 9.5% equity.
Full Article: Marijuana Business Daily
Gateway aims to create a group of legal, scalable and investable cannabis businesses in the Bay Area by providing seed investment and mentorship. The incubator plans to accept ancillary businesses where marijuana isn’t touched—like those that produce cannabis grow lights—but also businesses that directly handle the plants, like dispensaries and ventures that develop extraction technologies.
by Nailah Morgan and Kyle Ludowitz
Full Article: Oakland North
Is the world ready for the biggest onslaught of cannabis innovation in history?
Ben Larson and Carter Laren Founded Gateway Incubator in Oakland, California to help early stage cannabis companies hit the ground running.
I was stoked to sit down in the #weedclubigloo with Gateway to discuss the launch of their incubator- enjoy!
by Evan Horowitz
Full Post: WeedClub
Two flavors of Bay Area life — cannabis and technology — will continue their fusion this winter with the launch of Gateway Incubator, LLC in Oakland's Jack London district. It will be California’s first cannabis company incubator.
by David Downs
Full Article: East Bay Express
Located near Oakland's Jack London Square in the unconventional Leviathan Building, Gateway's mission is to bring the expertise of Silicon Valley technology entrepreneurship to the burgeoning industry of legal cannabis companies.
"We chose Oakland because we believe that as legalization unfolds, this city will emerge as the capital of the cannabis industry in the United States," said co-founder Ben Larson.
Full Article: Yahoo! Finance
reposted by CBS8, MJINews, FOX Carolina and WDRB
There are a tremendous number of experienced and insightful start-up founders and investors in and around Silicon Valley who are enthusiastic about helping cannabis companies succeed,”wrote co-founder Carter Laren, “and they are all anticipating imminent legalization.” Laren brings with him the experience of CEO of Creative Allies and co-founder of MOX. Laren has also worked with several other startups.
by BenBot
Full Article: Direct Cannabis Network
But even if you’re stoned, you should be able to see the opportunity here. Marijuana prohibition is coming to an end, and massive businesses will grow in its place. Gateway wants to seed them.
On the morning of our launch, Tech Crunch journalist, Josh Constine (@joshconstine) published the following article: Tech Crunch
