Medical cannabis card facilitator Veriheal on Tuesday launched its third annual Innovation Scholarship Fund which will grant $25,000 in awards to five students to help with college tuition and fees. The total represents a $5,000 increase from the previous funding offering by the company program.
The scholarship is open to current college students, recent high school graduates, and high school seniors who are starting college classes early. Submissions will be accepted until July 30, 2022, with winners notified by September. Students must submit a 1,000-word essay about how they would improve the cannabis industry and are encouraged to be creative in crafting novel solutions to remedy the concerns facing the cannabis industry, from business, to technology, to product development, the company said in a press release.
Anthony Dutcher, CMO of Veriheal, said the program “not only sets up students for success, but it also lays the groundwork for a new generation of cannabis entrepreneurs and visionaries.”
“As both medical and adult-use cannabis access increases across America, we’ll have some issues to work out.” – Dutcher in a statement
Veriheal said that since the inception of the Innovation in Cannabis Scholarship, its award funding has increased by 66%.
“We’re excited to reaffirm our commitment to the community and help shape future cannabis industry leaders,” Dutcher added.
Previous winners are listed on the company’s website. Last year, 17 students received the award.
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