Full birth name: James “Jim” Hourigan
Title: Chief Executive Officer
Years at current company: 2
Education profile: MBA from the University of Dallas, a Bachelor’s degree in Business from the State University of New York, and certification through executive education programs at INSEAD University in Paris and Ashridge Business School in London.
Latest product offering: At CannaCraft, we have a handful of California’s top brands including AbsoluteXtracts (ABX), Hi-Fi Hops (a partnership with Lagunitas) and Satori Confections.
Our latest offerings come from Care By Design: We’ve recently reformulated our best-selling ratio line. The tincture and soft gel products now have an increased cannabinoid count by more than 25% per ratio, as well as the minor (but mighty) cannabinoids, CBDa and THCa. And we now offer a groundbreaking new ratio, the highest available in the California market – 40:1. This 40:1 offers those who are less familiar with cannabis to experience its benefits without worrying about psycho-activity.
Not only has Care By Design added CBD and minor cannabinoids, but we’ve been able to make these improvements without raising our prices. Consumers can experience the wellness benefits of cannabis in measurable doses, and access better value. The reformulated tinctures are available in a new 30ml value size, and the entire line of 36 products across six ratios and five product forms (tinctures, gummies, soft gels, topicals, and vapes) can be found at hundreds of licensed dispensaries around California.
Care By Design Hemp: Formulated and manufactured by the same team of scientists and experts that created our top-selling signature ratio line, Care By Design Hemp is now available online and ships nationwide.
Care By Design Hemp is available in both sublingual drop and gel capsule form, and includes five effect-based options: Relief, Rest, Calm, Balance, Uplift. Each formulation is created with California sungrown hemp CBD and carefully selected botanical terpenes to maximize therapeutic benefits. Like all Care By Design products, the hemp line meets the highest standards for safety and efficacy and is triple-tested to ensure purity, consistency, and potency.
Company Mission: Cultivating Health & Happiness through Cannabis
Company’s most successful achievement: Beyond building the most comprehensive portfolio of brands and form factors we are most proud of our work in our community – when we had Fires and now it seems like every year but in 2017 CannaCraft donated 12,000 sq ft office space for the American Red Cross Headquarters for Northern California fire relief.
Has the company raised any capital (yes or no): Yes
if so, how much?: Through our Friends & Family program – $27m
Any plans on raising capital in the future? We are always looking to improve our financial position but have no formal plans finalized
Most important company 5-year goal: We would like to have established CannaCraft and our brands across North America as trusted, caring and authentic with consumers.