We are looking for businesses that are beyond concept. Businesses that are operating and looking to grow are encouraged to apply to Momentum.
Licensing requirements:
Cannabis business must have a valid license issued by their state, state regulatory agency, and any other relevant licensing entities.
EXCEPTION: If you have applied for a local and/or state commercial cannabis license, which has not yet been issued by overseeing regulatory agency, you are still eligible for the accelerator, provided that you do not engage in commercial cannabis activities prior to the issuance of all applicable licenses. Applicants must upload a completed local and/or state commercial cannabis license application, proof of receipt of the license application by the respective agency, and/or any other evidence relevant to the application process. Proof of application includes, but is not limited to, your full license application, as submitted, or an acknowledgement of receipt of such application issued by the applicable licensing agency.
Hemp derived CBD business must source all your hemp from an entity that is part of the federal hemp pilot program and must be licensed by your local Department of Agriculture (CA exempt).
Ancillary businesses must have a local business license in the jurisdiction where they operate.
Applicants should be prepared to upload a copy of all license(s) for verification.