California Startup Uptoke Raising A Series A To Bring Weed To The Board Room [video]

UpToke, California startup,startups,Jason Levin,Cannabis

Jason Levin, founder of UpToke. (photo: fortune.com)

California entrepreneur Jason Levin is a formally trained engineer on a mission. He’s not a hippie, a dope man, or a pot head, but he does see the opportunity in Cannabis.

His company, called Uptoke, has produced an upscale vaporizer used to inhale marijuana. The cigar like vaporizer, brings a more “professional” appeal to smoking marijuana. Even in prototype form it’s a well designed, high class looking device.

The technology, Levin says, doesn’t actually ignite the plant, but rather heats it up, incredibly fast.

The Uptoke vaporizer can get to 375 degrees, in a sealed packages so users don’t burn themselves, in under 6 seconds. The battery life lasts all day and Levin says you just charge it up like a cell phone at the end of the day.

Levin doesn’t look like a guy who would fit in a “stereotype”. He sees the opportunity in the Cannabis industry. He’s also very careful not to step on the toes of those who aren’t supportive of the industry.

He will not market his device in markets where there are no laws governing cannabis use. He has a legal team in place and has an industrial designer coming on board to help design the final product.

Levin is currently raising a Series A round for Uptoke and was just recently in Seattle pitching a group of investors at the Washington Athletic Club.

Check out this video of Levin below.

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Ready For Weed Startups? Conference Coming To New York

Marijuana,Cannabis startups, New York, startup,investor,entrepreneur,eventWith two states adopting laws around the recreational use of marijuana and more states adopting laws for medical marijuana it’s just a matter of time before weed startups start cropping up (no pun intended).  Cannabis industry trade publication has announced a business seminar for investors and entrepreneurs eager to learn about the business of marijuana.

The event will be held on March 14th at The Lofts At Prince (177 Prince Street Penthouse in New York City). The seminar runs from 6:00pm until 10:15pm and features a panel of industry experts and time for networking.

Chris Walsh, Editor of MJJ Business Daily; Tripp Keber, Medical Marijuana Inc; Jessica Billingsley co-founder, MJ Freeway Software Solutions; and Eric Williams, President, CT Medical Cannabis Alliance, will all speak on the latest trends and industry data.

There will also be four sessions:

Session #1. New Financial & Business Benchmark Data for the Cannabis Industry

Session #2. Investing Advisory on the Cannabis Industry

Session #3. Typical Cannabis Business Mistakes & How to Avoid Them

Session #4. Tri-State Area Cannabis Business Opportunities & Regulatory Outlook

MJJ Business Daily was launched in 2011 with offices in Denver Colorado and Providence Rhode Island.

Tickets for the event are $149 in advance and $199 at the door. MJJ Business Daily warns that the event is for serious investors and entrepreneurs and not for patients or consumers.

For more information or tickets visit this site.