No stranger to entrepreneurship, Corey Mangold started his first company at the young age of 18. Even in his teens, he understood the great risk, and potential reward of going into business for yourself and accepted that challenge head-on.
That risk has paid off more than once for Mangold, who has built multiple successful businesses over the last 20 years, the most notable so far being co-founding Gigasavvy, a leading Southern California advertising agency. Gigasavvy has launched and managed award-winning campaigns for Toshiba, Knott’s Berry Farm, Johnny Rockets, Hi-Chew Candy, Tenet Healthcare, and Northgate Markets, to name a few.
Despite the numerous noteworthy clients and accolades, Corey Mangold measures success a little differently. When asked what his biggest achievement is, he highlights two things–building companies that feel like families who work passionately together toward a common goal and never compromising personal integrity or ethics.
It is with that same uncompromising dedication to high standards that Corey approaches the cannabis industry. A studied medical cannabis user, Mangold started Orchid Ventures, Inc. with the intent of creating products that are enjoyable, approachable, and the highest quality, truly Creating the Highest Standards in Cannabis™.
GMR Executive Spotlight Q&A –
Full birth name: Corey Mangold
Title: Founder & CEO
Company: Orchid Ventures, Inc. (https://orchidessentials.com/)
Years at current company: 2.5
Education profile: High School, started first business at 18 years old.
Most successful professional accomplishment before cannabis: Co-Founder & Principal of Gigasavvy, a nationally recognized advertising agency that’s been Top 10 Places to Work in Orange County for 4 of the last 5 years, and winner of dozens of American Advertising Awards.
Company Mission: The mission of Orchid Ventures, Inc. (Orchid Essentials) is to be a global CPG cannabis company built on integrity and customer loyalty. We are developing a house of lifestyle brands that focus on the mass-market appeal of medicinal & lifestyle products to be sold globally in both cannabis-focused and traditional retail outlets.
Company’s most successful achievement: Created one of the top-selling brands in Oregon within the first 4 months of launching our premium vaporizer lineup.
Has the company raised any capital (yes or no): Yes
If so, how much?: Approximately $6MM USD
Any plans on raising capital in the future? No financing rounds have been announced at this time.
Most important company 5-year goal: To have over 5 brands and 100 products sold in over 50 countries and in every medicinal and recreational state within the United States, as well as non-THC products sold in major big-box retail channels.