Executive Spotlight Archives - Green Market Report

StaffStaffAugust 30, 2019
Julia-Jacobson-Headshot-Photo_001-1280x1707.jpg

4min3010

Julia Jacobson, CEO of Aster Farms

As CEO of Aster Farms, Julia brings an expertise in entrepreneurship, supply chain management and business development to the Aster team. Her personal interest in cannabis is rooted in her battle with chronic migraines, incorporating the plant with her prescribed routine to mitigate symptoms, balance equilibrium and chart a healthy course. Julia develops Aster’s high-level vision, ensuring the team is two steps ahead as the company scales. Prior to Aster Farms Julia was co-founder and CEO of NMRKT, an affiliate marketing platform for content providers. She led the company through Techstars and it’s acquisition by XO Group in 2016, where she went on to become the Director of National Revenue Products. Julia’s career began as a buyer for Bloomingdale’s, giving her a solid foundation in retail and supply chain economics. Today, Julia continues to be a mentor to Techstars and to young entrepreneurs in many fields.

Title: CEO

Company: Aster Farms

Years at current company: 3

Education profile: B.A from Brown University with honors 

 

GMR Executive Spotlight Q&A:

Most successful professional accomplishment before cannabis: Having my first company NMRKT acquired by XO Group and getting to watch the technology live on far beyond my time there.

Company Mission: To bring the cleanest, meanest and greenest cannabis to a dispensary near you. Aster Farms is dedicated to sustainable practices and organic inputs only. We value good genetics, clean cultivation and the power of nature and aim to show consumers how cleaner cannabis means a cleaner high. 

Company’s most successful achievement: Bouncing back from the Mendocino Complex Fire. Our farm burned down completely and it took a lot of blood, sweat and tears to push through and get back up and operating. A year ago, we were burning to the ground, today we’re in 35 dispensaries and delivery services all across California. 

Has the company raised any capital (yes or no): Yes

If so, how much?: $850,000

Any plans on raising capital in the future? Yes, a Series A next year.Most important company 5 year goal: To educate consumers about what’s in their cannabis and why clean, sustainable techniques are not only better for you, but produce a cleaner high. We want to help break the stigma and education is the way we plan to do that.


StaffStaffAugust 27, 2019
Dan-Nelson-Headshot-Wikileaff-1280x1280.jpg

4min2650

Dan Nelson is best known for having launched the world’s first legal and medical marijuana dispensary price comparison website in January 2014.  Wikileaf, dubbed by some media as “The Priceline of Pot”, has since grown into one of the industry’s largest consumer resources in North America.  In 2016, Wikileafbecame a part of Nesta Holding Co., a private equity firm that creates wide ranging partnerships and brands within the cannabis industry.

Today, Dan is CEO of Wikileaf, and has built it into a one-stop, user-friendly platform to compare dispensary and delivery prices as well as research strains in your area. Dan oversees the company, helping it grow to 1.6 million monthly user sessions and over 3,500 legal recreational and medical dispensaries on the platform. Wikileaf is headquartered in Seattle, Washington, and has mainly focused on the US markets, however, with growing medical legalization around the world, and adult recreational now legal in Canada, Wikileaf has set its sights on serving other jurisdictions.

Prior to launching Wikileaf, Dan ran a banking blog that focused on FDIC and NCUA insured savings deposits offered by local banks and credit unions.  Which he credits for the inspiration behind Wikileaf. 

Title: CEO

Company: Wikileaf Technologies Inc

Years at current company: 5

Education profile: Dan graduated from Washington State University in Seattle in 2006.

 

GMR Executive Spotlight Q&A:

Most successful professional accomplishment before cannabis: My first company/web property was a go-to destination for FDIC insured savings products, developed at the height of the financial collapse in 2008. There was a clear opportunity to create a destination that would make it easy for consumers to compare savings rates and focus on FDIC and NCUA insured saving deposits. I developed a partnership with an industry leader, Bankrate, to funnel deposit account leads through their portal. After that success I realized the next big opportunity was in cannabis, especially seeing it flourish firsthand in Seattle. I decided to tailor and apply my previous banking model to this emerging industry, allowing consumers to track down the best products at the best prices from dispensaries in their neighborhood.

Company Mission: Since its inception in 2014, Wikileaf’s mission has been to empower the cannabis consumer. We achieve this through transparency – transparency in pricing and transparency in research and information, whether that’s for strains, brands, jobs, or industry news.

Company’s most successful achievement: Surpassing one million monthly visitors in 2019 alone. Before that accomplishment, we were the first ever cannabis company to advertise on a major airline back in 2017.

Has the company raised any capital (yes or no): If so, how much?: In our most recent round we raised $6.8M CAD. Since our founding we’ve raised over $10M CAD in total funding.

Any plans on raising capital in the future? Yes

Most important company 5 year goal: Ultimately we want to be the go-to destination for cannabis consumers looking to find and compare cannabis products, strains, brands and dispensaries in their neighborhood. We look forward to continuously proving ourselves as a trusted resource in the space, and want to make our service available to consumers wherever they are.


StaffStaffAugust 26, 2019
Kim_Sanchez-Rael_headshot-1280x1792.jpeg

6min6180

Kimberly Sanchez Rael is President and CEO of Azuca, an investor-backed culinary technology company focused on commercializing innovative technology to enable fast-acting, highly bioavailable culinary cannabis products for the legal cannabis market. Prior to Azuca, Kim spent over 10 years as a venture capitalist investing in early stage technology companies. Previously, Kim co-founded and served as Chief Operating Officer and Chief Financial Officer of advanced energy company Qynergy. Earlier in her career, Kim held numerous senior level positions at Intel, where she managed a $200 million capital budget and $1 billion program plan. Her former experience as an aide in the U.S. Senate under Senator Jeff Bingaman, allowed for a deep understanding of the public sector, specifically in foreign affairs, and science and technology policy. 

Kim currently sits on the Board of Regents for The University of New Mexico and is a member of the Board of Directors of the International Women’s Forum. Her previous board experience includes a five-year tenure as Officer on the New Mexico State Board of Finance. In 2002 and 2003, Kim was named one of New Mexico’s top 40 Power Brokers and recognized as one of the Top 10 Women of Influence in 2006 by the New Mexico Business Weekly. She has a Bachelor’s degree in International Relations from Harvard and an MBA from Stanford.

 

Title: President & Chief Executive Officer 

Company: Azuca

Years at current company:

Education profile: Bachelor’s degree in International Relations from Harvard and an MBA from Stanford. 

 

GMR Executive Spotlight Q&A:

Most successful professional accomplishment before cannabis: As an early stage Venture Capitalist, I worked with dozens of start-up teams to invest in and accelerate highly innovative and disruptive technology companies. This work has directly influenced how I operate in the cannabis space as cannabis is, in a sense, a start-up industry.

Company Mission: Azuca has set out to solve the biggest problem in one of the fastest growing segments of the legal cannabis market: creating a fast-acting, easy to dose and highly bioavailable edible. By way of the patent-pending TiMETM Technology, Azuca edibles take effect in 2-15 minutes, versus traditional edibles which take up to 90 minutes. 

In addition to the brand’s CBD and THC product suite, Azuca licenses its proprietary technology to other edible manufacturers via its Azuca Inside initiative. Azuca was founded by Ron Silver (Chief Creative Officer), a renowned New York City Chef and owner of Bubby’s Restaurants with two Manhattan locations and six in Japan, and the creator of the Azuca’s TiMETM Technology. 

Company’s most successful achievement: Developing and licensing a four-patent-pending technology which is setting the standard for what it means to be fast-acting. Another, more recent achievement is that we’ve just partnered with the UK-based sugar and sweeteners supplier Abercore to begin distributing our Azuca sugar in Europe.

Has the company raised any capital (yes or no): Yes.

if so, how much?: $2 + million

Any plans on raising capital in the future? We have ambitious plans for both domestic and international growth and plan to continue raising capital in order to support that expansion.

Most important company 5 year goal: Our top priority at the moment is further establishing our Azuca Inside initiative. Analogous to a hybrid of the “Intel Inside” and “Coca-Cola” strategies, Azuca Inside involves partnerships with other edibles manufacturers who have established operations, distribution and compliance infrastructure in their respective jurisdictions. These partners will be able to license TiMETM Technology for use in their own goods to make them more bioavailable and fast-acting. We see great opportunity for growth in the edibles sector and are fiercely confident that TiMETM Technology will help the industry forge ahead and provide consumers with an unmatched experience.

 


StaffStaffAugust 23, 2019
Liesl-Bernard-CEO-CannabizTeam_new-1280x1917.jpg

5min3510

 

Title: CEO 

Company: CannabizTeam and CannabizTEMP

Years at current company: 3 years 

Education profile: University of Cape Town, Bachelor of Business Science with major in Accounting and Information Systems. Certified Public Accountant (CPA)

 

GMR Executive Spotlight Q&A:

Most successful professional accomplishment before cannabis: I started my career as a CPA with KPMG in Cape Town specializing in organizational development before joining the world’s largest Staffing Executive Search firm. I launched the company’s Tech Recruitment division in Australia and eventually became Managing Director of Executive Search in the USA. I have more than 20 years of experience working with Fortune 500 companies searching for and placing executives all over the world, from South Africa, Australia, Singapore, across the US and Canada.  

Company Mission:  My passion for finding exceptional talent and my curiosity to hunt down emerging opportunities led me to discover the unmet talent needs of the cannabis industry.  The mission for my company is to be the world’s premier Staffing and Executive Search firm for the cannabis industry.  Cannabizteam and CannabisTEMP are currently placing talent on a direct hire basis in the US, Canada and Europe. 

Company’s most successful achievement:  CannabizTeam has placed exceptionally talented women and men in leadership roles across the cannabis industry and we are helping build this industry from the ground up. I’m proud of expanding both of my companies CannabizTeam and CannabizTemp to give our clients a competitive advantage as the cannabis industry continues to expand.   

Any plans on raising capital in the future?  Potentially 

Most important company 5 year goal:  My goal for company and brands over next 5 years is to continue our expansion internationally to become the leading global staffing solution in the cannabis industry. In addition to offices in other target US cities, our initial international targets include offices in the UK and Canada.

 


StaffStaffAugust 22, 2019
John-Oram-Headshot-1280x853.jpg

5min3170

Dr. John Oram is CEO and Founder of vertically-integrated cannabis company NUG, which operates the highest volume cannabis extraction facility in California, producing the majority of concentrates, vapes and other infused cannabis products sold in California under the NUG label and other leading brands. John holds Ph.D. and M.S. degrees in environmental chemistry and engineering from the University of California Los Angeles and bachelor’s degrees in analytical chemistry and biochemistry from the University of Colorado at Boulder. A veteran of the industry since the early 2000s, Dr. Oram possesses extensive knowledge on how to operate a successful cannabis company from seed to sale. Prior to founding NUG, he co-founded CW Analytical Laboratories–recognized as the most trusted analytical laboratory in the state–to establish standardized testing and certification protocols in order to ensure the safety and quality of medical cannabis.

 

Title: CEO and Founder

Company: NUG, Inc. 

Years at current company: Five (NUG was founded in 2014)

Education profile: Earned Ph.D. and M.S. degrees in environmental chemistry and engineering from the University of California Los Angeles and bachelor’s degrees in analytical chemistry and biochemistry from the University of Colorado at Boulder.

GMR Executive Spotlight Q&A:

Most successful professional accomplishment before cannabis: Prior to shifting into cannabis, I had an extremely rewarding, nearly six-year tenure as a scientist at the San Francisco Estuary Institute.

Company Mission: To set an industrywide standard from seed to sale and consistently provide consumers with innovative products that are unmatched in quality and purity, and that appeal to both experienced cannabis enthusiasts and the canna-curious. NUG has set out to control our brand every step of the way, from the cultivation and extraction to the in-store experience and customer relations. Through this vertically integrated model, we can ensure that consumers have access to trustworthy products that are the best of the best. We want to be a leader in legitimizing the industry and in the mainstreaming of cannabis. 

Company’s most successful achievement: We’re so proud to have grown tremendously since our company’s inception in 2014 and that we’ve remained profitable year after year while navigating an uncertain and ever-changing regulatory environment. 2018 through 2019 has marked a year of unprecedented growth for NUG, but perhaps the most successful achievement for our seed to sale company was fully completing the vertically integrated model by opening the first NUG retail store in Sacramento in March 2019. Our store, led by an all-women management team, features products from NUG as well as other top brands. It’s a welcoming, contemporary retail store with terrific budtenders who take part in our mission to normalize cannabis and create a safe space for people to shop for new products. 

Has the company raised any capital (yes or no): 

If so, how much?: Yes, most recently in May 2019 we closed a $15 million Series A funding round. NUG’s Series A equity offering was originally issued to raise $10 million, but ultimately it was oversubscribed and we raised an additional $5 million, which we were thrilled about because it underscored our investors’ confidence in our leadership within the seed to sale market, as well as the company’s growth potential. 

Any plans on raising capital in the future? Yes

Most important company 5 year goal: To continue to elevate NUG’s role as a premier, diversified brand, and expand our three key pillars of manufacturing, distribution and branding, including by opening new, state-of-the-art cannabis retail stores throughout California. 

 

 

 


StaffStaffAugust 21, 2019
19-20-8268-1280x1600.jpg

4min5240

Greg Richter has over thirty years of electronic design and systems engineering experience. A graduate of Georgia Tech, Richter has lived off-grid with his own hydro-electric power, built and flown his own Cozyjet single-turbine jet airplane, and revolutionized both aircraft instrumentation and automated agriculture. His designs can be found in retail stores, recording studios, radio stations, aircraft, and ships with a select few still orbiting overhead.

Title: CTO / Managing Director

Company: Revolution Microelectronics

Years at current company: 5

Education profile: BSEE, Georgia Tech 1984

 

GMR Executive Spotlight Q&A:

Most successful professional accomplishment before cannabis: I started the glass-cockpit revolution in light aircraft, autopilot and controls featured in the FAA Flight Training handbook. I also designed and built N722, a two-seat, homemade jet aircraft.

Company Mission: It has always been Revolution Micro’s company mission to build the best, longest-lasting, and most cost-effective lights in horticulture.

Company’s most successful achievement: We have the lowest return rate in the industry, the lowest cost per uMole of light in horticulture, and the lowest operating cost of any 1000w-class light.

Has the company raised any capital (yes or no): Yes

If so, how much?: We recently secured a $2.5 million credit facility to fund stocking inventory in Atlanta.

Any plans on raising capital in the future? Yes

Most important company 5-year goal: It is Revolution Micro’s goal to become the dominant force in horticultural lighting to ensure cultivators are utilizing top-notch technology while saving money but not sacrificing quality.  

 


StaffStaffAugust 16, 2019
Socrates-Rosenfeld-head-shot-1280x854.jpg

5min3830

Socrates Rosenfeld is the Co-Founder and CEO of Jane Technologies. After leaving active duty in 2011 as a U.S. Army veteran and Apache helicopter commander, Socrates turned to cannabis to re-acclimate to civilian life. Because cannabis wasn’t legal at the time in Massachusetts where he lived, he was forced to rely on the black market, where he couldn’t be sure about the quality of the cannabis he was buying. The frustration of that experience, coupled with the lack of access to cannabis for his fellow vets, led Socrates to co-found Jane Technologies with his brother Abraham.

Jane launched in 2017 to provide an e-commerce solution for legal cannabis retailers. A big part of the platform is that customers can conveniently research and purchase cannabis products online. Currently, the company partners with over 750 dispensaries in 22 states. 

Prior to starting Jane, Socrates was an associate at McKinsey & Company. He graduated from the United States Military Academy and earned an MBA in entrepreneurship from MIT.

 

Green Market Report Executive Spotlight

 

Background: Socrates Rosenfeld is the Co-Founder and CEO of Jane Technologies. After leaving active duty in 2011 as a U.S. Army veteran and Apache helicopter commander, Socrates turned to cannabis to re-acclimate to civilian life. Because cannabis wasn’t legal at the time in Massachusetts where he lived, he was forced to rely on the black market, where he couldn’t be sure about the quality of the cannabis he was buying. The frustration of that experience, coupled with the lack of access to cannabis for his fellow vets, led Socrates to co-found Jane Technologies with his brother Abraham.

 

Jane launched in 2017 to provide an e-commerce solution for legal cannabis retailers. A big part of the platform is that customers can conveniently research and purchase cannabis products online. Currently, the company partners with over 750 dispensaries in 22 states.

 

Prior to starting Jane, Socrates was an associate at McKinsey & Company. He graduated from the United States Military Academy and earned an MBA in entrepreneurship from MIT.

 

GMR Executive Spotlight Q&A:

Company: Jane Technologies

Years at current company: I founded Jane Technologies in 2015

Education profile: MBA @ MIT Sloan School of Management, B.S. in Leadership & Management Studies @ United States Military Academy at West Point 

 

Most successful professional accomplishment before cannabis: I graduated with my MBA in entrepreneurship from MIT Sloan School of Management as a Tillman Scholar after serving as an Apache helicopter commander in the U.S. Army.

Company Mission: Our mission is to bring safe and accountable access to cannabis products for all different types of consumers across the country. We provide a shopping experience that makes shopping for cannabis as simple and as straightforward as shopping for anything else in this world. 

Company’s most successful achievement: We’ve grown to be in partnership with more than 750 stores across 22 states. We have the world’s largest real-time inventory product catalog with more than 160,000 products. 

Has the company raised any capital (yes or no): Yes.

If so, how much?: $6M Series A, $21M Series B. 

Any plans on raising capital in the future? Yes. We’re always looking to advance our platform, improve our data offerings and enter new markets.

Most important company 5 year goal: To build an eCommerce product that is best-in-class. To provide safe and simple access to this plant for cannabis consumers across the world. To enable small businesses to serve their local communities with efficient retail operations. To grow a world-class team that is committed to building what the future of retail will look like.


StaffStaffAugust 15, 2019
48F9655-1280x1069.jpg

4min3170
Leslie Ann Andrachuk is a bilingual, global digital publishing and marketing executive, having spearheaded digital publishing and marketing at The Toronto Star, The Globe and Mail, Global Television and a number of overseas brands such as Vodafone and McCann Erickson. She recently launched AlphaWomanCo, a media company with the mission to help women optimize their physical, mental and professional health. Through Alpha Woman, Leslie advocates for diverse, inclusive leadership and the success of women entrepreneurs within the burgeoning cannabis industry, government and other industries. 
GMR Executive Spotlight Q&A:

Full birth name: Leslie Ann Andrachuk

Title: CEO and Co-Founder

Company: Alpha Woman 

Years at current company: 1

Education profile: B.A., French Literature, York University

Most successful professional accomplishment before cannabis: I was a digital publisher at Torstar for 7 years, one of Canada’s largest and oldest publishing companies, where I launched and grew one of the digital publications I managed (canadianimmigrant.ca) to profitability. I am proud of that achievement, but I am most proud of the fact that the publication fulfilled a social mandate and honoured accomplished new Canadians through an Awards program that I also co-founded – and which successfully continues to this day – called Canada’s Top 25 Immigrants.

Company Mission: The mission of Alpha Woman is to help women everywhere live their best lives physically, emotionally, professionally and financially so we can be the brave pioneers who lead the world into a new era.

We envision a world where women of diverse backgrounds and ethnicities occupy half of all leadership positions, starting in the cannabis industry and beyond into all industries and governments, by 2034.

Company’s most successful achievement: Alpha Woman is only 9 months old, so our greatest achievement is successfully building an engaged audience on a digital media publication in a short period of time, as well as launching a sold-out, profitable event. 

Perhaps the most significant achivement to date is the support we receive from almost every woman we reach out to. The idea of re-framing and supporting what an Alpha Woman is resonates deeply within the alarming geo-political tapestry the world finds itself in. The world needs Alpha Women to rise up and claim their power. We plan to be the epicentre of this fundamental sea change humankind – and all the women in it – so desperately need.

Has the company raised any capital (yes or no): No

Any plans on raising capital in the future? Yes! In order to scale successfully and achieve our goals, we will need to raise capital. 

Most important company 5 year goal: To help women acquire the skills, tools and investment needed to launch and successfully grow their businesses in the cannabis industry. 

We are also committed to moving the needle on diversity and inclusion in leadership teams and on boards in the cannabis industry and beyond over the next five years.


StaffStaffAugust 2, 2019
derekfeb19-1280x853.jpg

5min9350

Derek is a brand management professional who leverages all elements of an integrated marketing plan through concept, development, and launch to build iconic brands by orchestrating successful campaign deployment on both a global and regional scale. 

Prior to joining the team at EcoGen Laboratories, Derek was the Co-Founder of Healing Ventures, a full-service agency and digital marketplace dedicated to CBD, Chief Marketing of Klique Inc. where he oversaw all aspects of marketing and brand development, Associate Producer of Allegory Creative Management, and Key Account Manager of Gold Coast Partners. 

In his role of Chief Growth Officer of EcoGen Laboratories, Derek provides strategic, tactical and operational leadership to design, develop and deploy the companies agenda. He is accountable for growth including oversight of expansion, product development, sales operations, new revenue and strategy. He ensures that marketing, sales and products have a budget that allows for experimentation while achieving business revenue and project objectives. He is responsible for building out, leading, developing and managing the sales team globally. He is accountable for all products, services and solutions in EcoGen Laboratories portfolio.

GMR Executive Spotlight Q&A –

Full birth name:  Derek Daniel Du Chesne

Title:  Chief Growth Officer

Company:  EcoGen Laboratories

Years at current company: 1 (was customer for 2 years prior to joining the company) 

Education profile: UNIVERSITY OF WI (U.W.) & UNIVERSITY OF CALIFORNIA – LOS ANGELES (U.C.L.A.) Business Economics

Most successful professional accomplishment before cannabis:

Prior to my time with EcoGen Laboratories, I was responsible for the viral launches of multiple apps via strategic partnerships, experiental events, and several celebrity brand endorsements. After graduating from UCLA, I was an actor, writer, producer, and stunt performer in Transformers 2: Revenge of the Fallen. I played opposite Michael C. Hall and Julia Stiles (Dexter), Esai Morales & Raymond Cruz (Los Americans), Bruce Willis (Mauraders), and Robert DeNiro (Heist). 

Company Mission:

The company mission at EcoGen Laboratories is to make cannabinoids more accessible to the world by expanding our proprietary genetics, equipment, and processing technologies. Vertical-integration and innovation allow us to provide the purest cannabinoid raw materials (CBD isolate, CBD distillate) and finished products at the lowest price. 

Company’s most successful achievement:

EcoGen Laboratories has grown off earnings since its inception in 2016. In the year of 2018, our company did $40,000,000 in revenue and raised zero capital. 

EcoGen Laboratories also recently secured the largest genetics deal in the history of the CBD industry. Our company attended the 6th Annual NOCO Hemp Expo and sold more than 20 million fertilized CBD seeds, an accomplishment that has never been done before in the CBD industry. 

Has the company raised any capital (yes or no):  No

Any plans on raising capital in the future?  Yes, 90 MM private with plans to IPO.

Most important company 5 year goal:

We aim to drive the cost of feminized CBD genetics, CBD isolate and other hemp-derived specialty ingredients to the lowest possible price in order to allow news companies, countries, and brands to add CBD into their products and implement them into their lifestyles” to: “We aim to drive the cost of feminized CBD genetics, CBD isolate and other hemp-derived specialty ingredients to the lowest possible price in order to allow new companies, countries, and brands to add CBD into their products and implement them into their lifestyles

 


StaffStaffAugust 1, 2019
Jamie-V4-1280x853.jpg

4min5110

Jamie Warm is the CEO and Co-Founder of Henry’s Original. Despite the young age of the legal industry, Jamie has only had one career: growing cannabis. At Henry’s Original,  his responsibilities include setting the overall strategic vision of the company, driving retail penetration and nurturing the financial health of the company. 

Jamie started his career working at Santa Barbara’s first dispensary while attending college at UCSB. Over two years he learned the process of cultivation, before opening his own dispensary and running that for over a year. In 2007, Jamie graduated with a Bachelor of Arts in philosophy from University of California Santa Barbara. After college, Jamie sold his dispensary and used every dollar he had to buy a cannabis farm in Laytonville, California, located in the heart of Mendocino County,  the wild, rugged heartland synonymous with the new cannabis green rush. That farm set down the roots of what today is known as Henry’s Original, one of the largest flower companies in California. Handcrafted in small batches, every Henry’s Original whole flower jar and pre-roll product purchase gives back to support California farming communities. 

 

Title: Chief Executive Officer

Company: Henry’s Original

Years at current company: 4

Education profile: BA @ University of California Santa Barbara

 

GMR Executive Spotlight Q&A –

 

Most successful professional accomplishment before cannabis: Interestingly, cannabis has been my only professional career. I’ve never earned a dollar professionally outside of this industry. 

Company Mission: Henry’s Original strives to provide the highest quality cannabis flower and pre-roll products from Mendocino County.

Company’s most successful achievement: Henry’s has become one of the largest flower companies and #2 pre-roll brand in California, according to BDS Analytics. Beyond that, it’s owning the legacy of Heritage Cannabis cultivation in Mendocino County and supporting the community in the process of transition from grey market to legal market.

Has the company raised any capital (yes or no): Yes. We’ve completed 3 rounds of funding to date. $1.6M in seed, $4M in Series A and $11M in Series B.

Any plans on raising capital in the future? Yes, there are certainly plenty of projects and opportunities to grow our business and brand that would benefit from a capital raise. 

Most important company 5 year goal: Henry’s Original will continue to provide the highest quality cannabis products from Mendocino County. We see our unique opportunity to take Mendocino County cannabis products into the national and global supply chain. Federal and State regulations will determine what course of action Henry’s Original will take to get there.

 



About Us

The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis


READ MORE



Recent Tweets

@GreenMarketRpt – 14 hours

Welcoming new writer to Stella Lincoln. ⁦@IStellaLincoln⁩ Overcoming Canada’s Shortage #GMR…

@GreenMarketRpt – 2 days

Singer ⁦@johnlegend⁩ Teams Up With ⁦@plusproductsthc⁩ For Launch $PLUS

Back to Top

You have Successfully Subscribed!