Lindy Snider Announced as Lead Advisor to Philly Based Canna-business Accelerator
Philadelphia, PA – August 17, 2016/AxisWire/ Philadelphia based cannabis business accelerator, Greenhouse Ventures, LLC, brings on Lindy Snider, daughter of late Comcast Spectacor chairman Ed Snider, as its lead advisor.
Greenhouse Ventures (GHV) is a business accelerator whose mission is to accelerate seed stage startups that contribute toward a sustainable cannabis and industrial hemp marketplace. Through a ten-week, 90-hour, curriculum-based program, Greenhouse Ventures staff and top industry mentors from around the country educate startup founders on emerging best practices of building a sustainable canna-business while positioning companies to raise up to $5M in seed or growth capital. GHV advises clients on various capital formation strategies including family and friends financing, traditional angel investment, venture capital, peer-to-peer lending, and crowdfunding.
Snider, who is involved with multiple cannabis related ventures in the industry stated, “In a nascent industry like cannabis, early stage companies require hands-on training reinforced with constant mentorship and continuing education. Greenhouse Ventures is taking a unique education-technology approach towards early-stage venture development, which stands to benefit entrepreneurs who get accepted into their accelerator, as well as investors who are evaluating accelerator graduates for a potential investment”. Snider is also an investor in KIND Financial, led by former Philadelphia real estate broker David Dinenberg, as well as Poseidon Asset Management, an investment company. Snider is also the Founder/CEO of her Philadelphia-based skin-therapy company, LindiSkin.
“Lindy has been essential in the early success that Greenhouse Ventures has experienced to date and we are fortunate to name such an active and respected member of the investment community as our lead advisor,” commented Tyler Dautrich, Co-Founder of Greenhouse Ventures. “From day one, Lindy has supported Greenhouse Ventures’ goal of positioning Pennsylvania as the east-coast cannabis and industrial hemp capital of the country, and with the recent passing of SB3, Greenhouse Ventures is in a unique position to make Philadelphia the epicenter of medical research and ancillary technology innovation” continues Greenhouse Ventures Co-Founder and Chief Operating Officer, Kevin Provost.
Greenhouse Ventures hosts two ten-week semesters in February and September every year. Small business applicants that are accepted into a Greenhouse Ventures accelerator receive an average of $60,000 in professional services in exchange for a minor equity stake in their venture. Greenhouse Ventures is currently accepting applications for its Fall 2016 semester in Philadelphia beginning October 3rd and culminating with Demo Day on December 8th. Accepted companies are not required to relocate to Philadelphia for the duration of the program, as virtual participation is available. Learn more about Greenhouse Ventures by visiting the website here.