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On 'The Marijuana Show' It's Cannabis Companies Meet 'Shark Tank' With $10 Million At Stake

Submitted by Marijuana News on Fri, 07/10/2015 - 09:03

Two hundred applications in just two weeks came flooding in when Wendy Robbins and Karen Paull put the call out for marijuana entrepreneurs interested in entering their internet-TV business competition, “The Marijuana Show.” Most  were very small enterprises or just in the idea stage Robbins said. The wide variety of concepts included a cannabis country club, a line of hemp butter products, and a marijuana delivery phone app. “We couldn’t believe the amount of interest,” said Robbins.

The two hundred entrepreneurs were whittled down to twenty-two, based on their business’ viability, scalability, founder personality and potential interest to a viewing audience. To make it to the next round each was given a specific challenge. One was told to raise $5,000 in seed money (investment money, not cash for cannabis seeds.) Another was asked to call on 100 marijuana retailers to sell them her product, while a third was told to...

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URL: 
http://www.forbes.com/sites/julieweed/2015/07/10/on-the-marijuana-show-its-cannabis-companies-meet-shark-tank-with-10-million-at-stake/2/

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