Edmonton company looks to boost local cannabis sector
A new Edmonton company is raising million of dollars to invest in cannabis-related startup firms that could make the region into a major hub of the Canadian marijuana industry.
NorthCanvas will be one of the country’s first “accelerators” in this growing field, with plans to provide $3 million to $5 million in seed money and other assistance to 30 fledgling operations over the next three years, co-founder Sam Jenkins said last week.
He hopes to start a 16-week boot camp in June
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