Canadian entrepreneurs invited to apply
with their "half-baked" cannabis business plans to receive capital,
business development and mentorship
CALGARY, March 7, 2018 /CNW/ - CBi2 is
calling for Canadian start-up companies developing products and
services for the legal cannabis industry to apply for acceptance
into its 16-week accelerator program, MacaVerde. Having launched in
January 2018, the program has already
received a number of promising applications, and additional
applications from passionate entrepreneurs are encouraged.
Prospective applicants are invited to apply for this program by
March 31, 2018.
Applicants are encouraged to submit their "half-baked" ideas
relating to the cannabis industry (medical and/or recreational).
MacaVerde will provide capital, a 16-week business development and
mentorship program, and critical knowledge of the industry to
selected applicants in return for an equity interest in the
applicant's business. CBi2's advisors and mentors will
work closely with each selected company to enhance their business
models, perfect their unique selling propositions and boost their
marketing and fundraising activities.
"Canadian cannabis companies are already well-positioned to
become global leaders and we want to help cultivate the business
potential of Canada's
entrepreneurs within this industry," says Sonny Mottahed, Chairman, President and Chief
Executive Officer of CBi2. "We are dedicated to
partnering with leading-edge entrepreneurs and encourage anyone
with an innovative idea to apply."
All selected participants will be part of an exclusive
"Demo-Day" where they will showcase their accomplishments of the
16-week program to accredited investors to drive additional
investments. Making this program even more exciting,
CBi2 is developing a cannabis investment focused
television program showcasing this unique Demo-Day experience to
drive global interest in Canada's
cannabis market. The show is being created under the direction of
renowned television producer Chad
Oakes, and is currently being marketed to leading
broadcasters and global content streaming services.
Interested applicants are invited to apply for MacaVerde by
March 31, 2018. The application
process and program details will be found at
www.cbi2.com/MacaVerde. The inaugural 16-week boot camp will begin
on April 20, 2018.
For more information, visit www.cbi2.com.
About CBi2 Capital Corp./Target Capital
Inc.
Target Capital Inc., to be renamed CBi2 Capital Corp.
is a Calgary, Alberta based
company engaged in making strategic investments in private
companies, including small start‐up operations and land development
corporations. The Corporation's common shares are listed on the TSX
Venture Exchange and the Canadian Securities Exchange under the
trading symbol "TCI". Target is executing on a cannabis-focused
investment strategy, where it intends to develop and manage a
diversified portfolio of predominantly early stage cannabis
investment opportunities. Target will explore and invest in a
number of strategic investment opportunities in the medical and
recreational cannabis industry and in businesses offering ancillary
supportive products and services. Upon receipt of shareholder
approval, Target will change its name to "CBi2 Capital
Corp.".
SOURCE Target Capital Inc.