The Hood Incubator is Fostering Change in the Marijuana Industry
Justin Lam — February 6, 2018 — Social Good
References: hoodincubator.org & fastcompany
With the marijuana industry booming in California, The Hood Incubator is a non-profit organization looking to introduce more diversity to the burgeoning industry. Founded by Ebele Ifedigbo and based in Oakland, The Hood Incubator looks to address the lack of diversity in legal marijuana industry. The focus of the incubator is to tackle these issues through community organizing, policy and advocacy, and economic development.
The Hood Incubator currently offers a business accelerator program for the cannabis industry. The program focuses on mentorship for entrepreneurs and apprenticeship for those looking to join the industry.The Hood Incubator recently partnered with rare cannabis distributor Eaze, and both hope that the partnership will lead to meaningful strides in the Marijuana industry. The Hood Incubator is hoping to further its growth by creating an investment fund specifically for black and brown cannabis entrepreneurs.
The Hood Incubator currently offers a business accelerator program for the cannabis industry. The program focuses on mentorship for entrepreneurs and apprenticeship for those looking to join the industry.The Hood Incubator recently partnered with rare cannabis distributor Eaze, and both hope that the partnership will lead to meaningful strides in the Marijuana industry. The Hood Incubator is hoping to further its growth by creating an investment fund specifically for black and brown cannabis entrepreneurs.
Trend Themes
1. Diverse Marijuana Industry - The Hood Incubator is promoting a more diverse marijuana industry through community organizing, policy and advocacy, and economic development.
2. Marijuana Business Accelerator Programs - The Hood Incubator offers a mentorship program for entrepreneurs and apprenticeship for those looking to join the marijuana industry.
3. Investment for Black and Brown Cannabis Entrepreneurs - The Hood Incubator is working on creating an investment fund specifically for black and brown cannabis entrepreneurs.
Industry Implications
1. Cannabis Industry - The Hood Incubator is fostering change within the burgeoning cannabis industry through their work in encouraging diversity, mentorship and investment opportunities, and economic development.
2. Entrepreneurship - The Hood Incubator's mentorship program offers an opportunity for budding entrepreneurs to learn and grow within the cannabis industry.
3. Non-profit Organizations - Non-profit organizations such as The Hood Incubator have the potential to disrupt the cannabis industry by promoting diversity, inclusion, mentorship and investing opportunities for black and brown entrepreneurs.
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