Through the support of committed and diverse investors, the Fund will eliminate the most significant barrier preventing diverse participation in this burgeoning, rapidly growing industry: a lack of capital in concert with a proven business model and brand. While this hurts all potential cannabis business owners, it disproportionately impacts women, minorities and disabled veterans. “In looking at the systemic barriers that women, minorities and disabled veterans face in accessing capital, we decided to develop a solution that directly addresses this massive economic disparity”īanks and other traditional financing sources generally do not provide equity, capital or loans for cannabis start-ups. A legally separate but affiliated entity from Curio Wellness, the Fund will connect diverse investors with up to 50 aspiring women, minority and disabled veteran entrepreneurs, providing $30 million in capital funding. Created for women, minorities and disabled veterans, Curio Wellness’s investment fund (the Fund) will allow the medical cannabis and wellness company to further its goal of serving patients with safe, effective and reliable cannabis-based medicine in multiple states through its unique Wellness Center retail business concept. ![]() ![]() TIMONIUM, Md.–Curio Wellness today announced a new funding program that will provide start-up capital for minority business owners to open their own Curio Wellness franchise location. $30 Million in Capital will Provide 50 Diverse Entrepreneurs with Up to Ninety-Three Percent of the Capital Needed to Open a Curio Franchise in any one of eight states.
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