Drop Technologies Archives - Green Market Report

StaffSeptember 2, 2021

The presence of technology has changed the entire world. In the cannabis industry, it is the backbone of most operations whether discussing extraction, seed to sale tracking, customer management software, loyalty program apps or platforms to conduct delivery operations. Technology is everywhere in the cannabis space. Major investment seems to continue to pour into technology for this industry, for example Jane Technologies just announced a $100 million dollars raise. This is big money and it comes with big minds. Green Market Report decided to highlight some of the best and brightest in cannabis technology. Here are a few power players who we feel you should know.

David McCullough, Chief Technology Officer of Akerna

Prior to being appointed CTO of Akerna, David McCullough served as Akerna’s Executive Vice President of Product & Engineering for the last five years, overseeing all software development, development operations, quality assurance, automations, systems, and security operations. He has over 16 years of Software Engineering experience.

Before joining Akerna, he was the CTO of StudentPublishing.com, where he actively managed the technical aspects of Student Publishing’s sale to and systems integration with lulu.com.

David has extensive government systems experience and was also a professor at New Mexico State University where he taught courses in data communications and networking.

Navin Anand, Chief Technology Officer of springbig

Navin Graduated Northern Illinois University with a masters in electrical engineering and a masters in technology and management.

Navin has over 15 years experience in software engineering including leading a team of 100 engineers at Verifone, one of the world’s largest multinational payment processing and POS solution providers. In his time at Verifone, Navin crafted solutions for blue-chip brands including McDonalds, YUM Brands, and Visa.

Navin is recognized as a data-driven leader and problem solver who is able to streamline the software engineering delivery and QA process through advanced systems automation and project management, reducing time to delivery and aligning various IT sub-departments into a common system that speak the same language.

Tiffany Burtt, Founder & Chief Technology Officer of Bulb Tech

Burtt is the Founder and CEO of Bulb Tech. With 15 years of throttling early-stage startups to the market on a bootstrap budget, Tiffany Burtt, delivers performance focused products and technology solutions to aide in launch strategies, boosting sales and capturing new opportunities. Recognized for creating rich and flawless CX design, her product innovation and solutions consistently propel revenue growth and drive strategic business initiatives to elevate the company vision. Since 2014, two of Tiffany’s projects have been acquired by Fortune 500 companies.

In 2016, Tiffany took the plunge and applied 20 years of experience as a woman in tech and her lifelong affair with cannabis to build a powerful set of business tools solving critical challenges in the industry. With unwavering passion, she believes in the combined power of cannabis and tech to improve our lives and create a sustainable impact. Tiffany’s company, BulbTech, is woman owned and operated.

Tiffany’s work doesn’t stop with technology. She is a fierce advocate for women, minorities, veterans, and the LGBT community as it relates to medical cannabis and overall business. She educates, mentors, and consults with new businesses facing the challenges of an emerging industry.

Burtt built a global team with varying skills and diverse backgrounds. Her reach spans India, Pakistan, London, Russia, Belarus, Sweden, Netherlands, Indonesia and the US.

From digital idea/product concept into executable definition, both technically and operationally, to the market, on-budget. Tiffany is sassy, scrappy, original, and driven.

Marc Lopez, Chief Technology Officer of Drop Delivery

Marc Lopez is the CTO and co-founder of Drop Delivery, the cannabis industry’s only all-in-one delivery technology solution for retailers. A twenty-something serial entrepreneur, Marc previously co-founded Greenlight Technologies, a leading order-ahead and digital loyalty software in the cannabis industry, which was acquired in 2018 by publicly-traded Leafbuyer Technologies.

Before jumping into the cannabis industry, Marc co-founded two vape industry software companies, the e-commerce platform Vape Block, and the peer-to-peer marketplace Vape Mail in 2015, where he built the technology that both platforms ran on. The motivation to develop a peer-to-peer marketplace came from his previous startup, Uniform in 2015, a peer-to-peer marketplace for the fashion industry.

While in college, and with his current Drop Delivery co-founders Vanessa and Jade Gabriel, Marc co-founded aSociete in 2011, a shopping platform for millennials to shop for their favorite fashion brands from all across the web in a simple, entertaining, and engaging way.

Marc Sherman, Chief Information Officer of HERBL

Marc Sherman is a highly-skilled Information Technology Executive with over 20 years’ experience designing, delivering, and supporting innovative Enterprise Supply Chain System solutions that drive business growth and profitability for all stakeholders.

Prior to joining HERBL, he was Vice President, Information Technology for FedEx Supply Chain, a $1.6B subsidiary of FedEx focused on Third-Party Logistics in multiple verticals including Technology, Retail, Consumer Products and Healthcare across over 130 sites in North America.

Before joining FedEx, Marc served on active duty in the United States Air Force for 20 years where he held multiple Operations and Logistics management positions in the United States, Europe, and Southwest Asia. He holds a Master of Business Administration degree in Information Systems and is a former Adjunct Professor with Northwood University.

Sherman currently lives in Keller, Texas with his wife Caroline.

StaffMarch 18, 2021

Drop Delivery, a technology company that offers cannabis businesses all-in-one delivery solutions, today launched the formation of its advisory board and announced Jessica Billingsley, Kristin Jordan and Cynthia Salarizadeh as its co-founding members. All three are well-known in the cannabis space for creating some of the biggest companies and brands in the space, including MJ Freeway, Akerna and House of Saka.

“These women are world-class experts and thought-leaders in cannabis and bring tremendous understanding on how to build and scale a successful and profitable business in this space,” said Drop Delivery CEO Vanessa Gabriel. “We look forward to their contributions as Drop Delivery continues to advance our suite of technologies for both cannabis delivery and retail businesses across the U.S.”

“Drop’s extraordinary growth over the last year is a testament to the need for an all-in-one technology solution for cannabis retailers,” says Billingsley, CEO of Akerna (Nasdaq: KERN), an enterprise software company focused on compliantly serving the cannabis, hemp, and CBD industries. “I look forward to helping the company build on this strong foundation as it expands throughout the U.S. and continues to add critical capabilities to its suite of technologies.”

The move comes after Drop’s significant growth in Q1 2021 compared to Q1 2020, which saw both the company’s customer base and revenue expand by almost 300%.

Additionally, earlier this week, Drop announced a completed Regulation Crowdfunding (Reg-CF) offering through Equifund, a private market investment platform that delivers vetted, early-stage opportunities. Drop is one of three Issuers accepted last year by Equifund to host Reg-CF offerings on its platform and became the fastest offering to hit $1 million on the platform.

StaffOctober 13, 2020

Drop Delivery, the all-in-one cannabis delivery management solution, raises $1M through equity crowdfunding.

The Drop Delivery platform offers advanced technology that empowers cannabis retailers with their white-labeled mobile app, a dashboard to manage inventory, dispatch and driver logistics, automated marketing tools, and a built-in digital loyalty program.

“We are extremely excited to have raised capital through equity crowdfunding,” said Drop Delivery’s CEO, Vanessa Gabriel. “We have always wanted to offer the opportunity for people to join us on this journey. This route was a better fit for us than traditional capital. “

Drop Delivery was the first company to raise $1 million on the crowdfunding platform Equifund. Funds from this round will be used for product development, accelerate sales efforts, and fuel expansion into new markets in 2021.

Equity crowdfunding has been fully legal since 2016, and it allows a business to secure capital from unaccredited investors in the United States. Like with any investment, crowdfunding is a risk, but those who provide capital can stand to profit if the business succeeds.

Drop Delivery is the first all-in-one delivery management platform designed to help cannabis retailers safely – and compliantly – sell cannabis products, collect digital payments, handle supply chain management, and manage last-mile delivery. It provides retail cannabis companies with a fully branded solution to grow their business and re-engage customers.