Blue Diamond Ventures Inc (BLDV)

[Kool Aid Man]

And how do you know what they [Cann10] are or aren't doing?? Geez.

I read their website. I also see where they only announced their expansion into North America on Dec 19, 2017... 2 months ago. So far they've managed to Alper to buy 25% of them. And they've signed on as a sponsor of a fledgling "MJ incubator" shared space/ meetup location on Monterey, CA.

Cann10 describes itself as a business "accelerator" ..not an "incubator." There's a difference.

Startup accelerators, also known as seed accelerators, are fixed-term, cohort-based (i.e. a group of students who work through a curriculum together to achieve the same academic degree together) programs, that include mentorship and educational components and culminate in a public pitch event or demo day.

Traditional business incubators are often government-funded, generally take no equity, and focus on biotech, financial technology ("FinTech"), medical technology ("MedTech"), clean tech or product-centric companies.

The main differences between business incubators and accelerators are:

The application process is open to anyone, but highly competitive. Y Combinator and TechStars have application acceptance rates between 1% and 3%.

A seed investment in the startups is usually made, in exchange for equity. Typically, the investment is between US$20,000 and US$50,000 (or GB£10,000 and GB£50,000 in Europe[3])

The focus is on small teams, not on individual founders (Hear that Josh?). Accelerators consider that one person is insufficient to handle all the work associated with a startup.

The startups must "graduate" by a given deadline, typically after 3 months. During this time, they receive intensive mentoring and training, and they are expected to iterate rapidly. Virtually all accelerators end their programs with a "Demo Day", where the startups present to investors.

Startups are accepted and supported in cohort batches or classes (the accelerator isn't an on-demand resource). The peer support and feedback that the classes provide is an important advantage. If the accelerator doesn't offer a common workspace, the teams will meet periodically.

The primary value to the entrepreneur is derived from the mentoring, connections, and the recognition of being chosen to be a part of the accelerator. The business model is based on generating venture style returns, not rent, or fees for services.

Seed accelerators do not necessarily need to include a physical space, but many do thank goodness for that). The process that startups go through in the accelerator can be separated into five distinct phases: awareness, application, program, demo day, and post demo day

Based on the description above it sounds like "one man band manager" Josh Alper wouldn't qualify for Cann10's services. Again, "accelerator" programs rely on team efforts and Alper holds all the BLDV cards.