Executive Spotlight Archives - Green Market Report

StaffStaffMarch 1, 2021
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4min610

Full birth name: Gyula Kangiszer 

 

Title: Chief Regional Leader North America, President of RotaChrom North America

 

Company: RotaChrom Technologies

 

Years at current company: 1 year, 7 months

 

Education profile: University of Humberside, BA in European Business Administration

 

Most successful professional accomplishment before cannabis: I founded and successfully grew a startup software development company. I love challenging traditional practices and creating innovative new business models by bringing together the perspective of the converging industries. I’m excited about the potential impact of cannabinoids on our lives.

 

Company Mission: RotaChrom is a technology company on the front lines of purification solutions for a myriad of industries. We manufacture world-class chromatography platforms widely used for botanical extract purification within the pharmaceutical, nutraceutical, and botanical industries. 

 

Company’s most successful achievement:  RotaChrom Technologies invented the first Centrifugal Partition Chromatography (CPC) machine, which is made for industrial-scale purification. The platform is scalable, versatile, and cost efficient compared to older versions of chromatography. 

RotaChrom offers a more efficient solution to chromatography with the world’s first commercially available, industrial-scale CPC technology platform. The technology has revolutionized the purification industry by providing cost-effective, commercial-scale chromatography solutions to clients worldwide. The platform allows companies to expand high purity production capacity with flexibility and scalability, while decreasing environmental impact.

As the cannabis and hemp industries grow, the technology for mass production must evolve to meet the increased demand. Advanced technology solutions are adapting to meet the needs of increasingly complex, highly regulated markets. Chromatography, a technological system for purification of botanical extracts, is making strides to keep up with the booming business of legal hemp and cannabis.

RotaChrom’s unique industrial-scale CPC offers unmatched purification of botanical extracts, rendering a highly pure form of compounds of interest, from APIs to macromolecules, at large scale. Since the RotaChrom platform is scalable, producers can easily increase production to meet growing demand for a product, such as minor cannabinoids or pure CBD. 

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

Most important company 5 year goal: 

As additional states in the U.S. legalize cannabis and hemp, we have the opportunity to expand our reach to new companies in those markets. Our systems purify minors at the highest level and many companies will need to turn to solutions like ours in order to meet a more regulated market. Regulation of the CBD industry is good. While some people consider it a problem, we see it as a positive, so that high-quality, regulated products make it to consumers. 

We at RotaChrom aim to keep advancing our purification technology and solutions, which will help our customers meet their purification goals.

 


StaffStaffJanuary 13, 2021
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8min1960

Paola Fernandez is the 30-year-old Founder & CEO of High Hemp, an all organic herbal wrap company. While working at her father’s cigar company, Paola came up with the idea ‘natural’ alternative to tobacco-based rolling paper and wraps. In 2016, the company created a revolutionary product, hemp wraps: an all-organic sheet of hemp paper made to roll your own herbs. Sales skyrocketed right from the get-go and, as a result, she has turned her idea into a $10 million company in under five years – and all before the age of 30 (which she just turned back in October).

Being first to market definitely has its advantages, but that doesn’t mean Paola did not/does not experience challenges along the way. “As a brown female in the LGBTQ community, my business and legitimacy in the hemp/cannabis industry is at times questioned – but that only makes me work harder and more determined to prove people wrong.” Paola’s goal is to take the cannabis market, which has been heavily dominated by males and make it more approachable to the female consumer.

 

  • What is your full birth name?
  • Paola Fernandez
  • What is your title at the company?
  • CEO
  • What is your company name?
  • High Hemp (a part of JPG Herbals LLC)
  • How many years have you been at your current company?
  • I have been part of the company since it started four years ago.
  • What is your education profile?
  • I received a GED and some college for graphic design.
  • What is your most successful professional accomplishment before cannabis/your company?
  • High Hemp is my most successful professional accomplishment. It has allowed me to become an entrepreneur with just a high school diploma and minimal college education.
  • What is your company mission?
  • To create a new normal in hemp products. Challenging existing tobacco products and creating a 100% hemp version.
  • What is the company’s most successful achievement(s)?
  • How quickly our product started gaining traction across the US with 500,000 units/pouches per week.
  • Has the company raised any capital (yes or no)?
  • Fortunately, since the initial investment, we have been able to continue expanding without raising any capital.
  • Any plans on raising capital in the future? Why or why not?
  • As our goals continue to grow we see it in the future we will need to seek capital investment
  • What is the most important 5-year goal(s) for the company?
  • Our biggest 5-year goal is to continue increasing production, in order to sustain the global demand for our products.
  • Anything else you’d like to add?
  • High Hemp is a great passion of mine, and I’m excited to take on the challenges to move a world dependent on tobacco to an all-around better alternative hemp.

StaffStaffDecember 2, 2020
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6min4070

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mike Beaudry is the founder and CEO of HERBL, which has quietly become California’s largest distributor – with dozens of popular brands (Raw Garden, Select, and Garden Society, etc.) and 850+ dispensary customers. Mike came out of the natural foods space – he was president of UNFI as the organic industry came to the forefront. While Mike and HERBL are all about helping the CA cannabis industry grow to its fullest potential, Mike feels it’s equally important to ensure the success of the OG’s as this happens. HERBL is the largest supply chain and distributor of recreational cannabis in California serving 98% of all storefronts statewide. It has revenues of more than $250 million thus far in 2020; EBIDTA positive for 2020.

Full birth name: Michael Beaudry

Title: Founder and CEO

Company: HERBL Solutions (“HERBL”)

Years at current company: Four 

Education profile: 

High school was as far as I made it academically. My business education has always been in the real world. College was never a consideration and as an eager 18 year old fresh out of high school, I owned and operated a small Italian restaurant in Rhode Island that was financed by my parents. For the five years straight I worked 85+ hours a week–it was a crash course in learning how to run a business, and I didn’t know enough to stop. It was a business with a high failure rate and to me, failure was not an option. I bought it in 1982 and sold in 1987, and that was the education I needed to further my drive as an entrepreneur.

Most successful professional accomplishment before cannabis: 

Given where I am today, my most successful professional accomplishment prior to founding HERBL was certainly my time in the organic food space, and specifically as president of UNFI, the largest wholesale distributor of natural foods in the U.S. It prepared me for this endeavor in cannabis.

Cannabis is on the same trajectory of the boom of the organic foods space in the early 2000s, and the similarities are remarkable. Legalized cannabis is only here today because of all those who fought to establish it, and who never gave up on what they believed in. Like natural foods, cannabis has centered upon lots of smaller, quality brands developed by people passionate about their product and the plant. Today’s multi-billion natural food industry was also established by artisans who came together with a communal mission.

While president of UNFI, within ten years we rapidly scaled from a multi-regional company with $800 million in sales to a national company with $5 billion+ in the books. I see the enormous potential again now. With all that has transpired with the recent election and cannabis reforms, we are now more than ever on the cusp of the same boom.

Company Mission: To connect the cannabis community. 

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

If so, how much?: Undisclosed 

Any plans on raising capital in the future? Yes

Most important company 5-year goal: In five years we’d like to have helped all of our partners, both brands and retail, meet each of their growth goals, and hence to be known for delivering exceedingly great services that create loyal customers, appreciative brands, and happy employees. I’d love to look back and feel we have lived up to our core principles of demonstrated passion, unrelenting integrity, flawless execution, and to have honored the legacy of California cannabis while helping create its future. 

 


StaffStaffSeptember 16, 2020
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4min8120

Marie Montmarquet is co-founder of MD Numbers Inc., a family of vertically integrated cannabis brands — MD Farms, Marie’s Deliverables, and Legacy Coterie — that provide a range of goods and services to the California supply chain, retail customers, and equity community. Marie is a legacy cannabis operator who’s been passionate about the plant for over 13 years. Her cannabis business expertise and equity activism have put her in the national spotlight. After graduating from the University of Tennessee with a B.A. in Political Science and Psychology, she moved to California from Nashville in 2010. Over the last decade, Marie has created several successful cannabis businesses along with her brother Allen Hackett with whom she co-founded MD Numbers Inc. and its subsidiaries. Marie and Allen are also minority owners of Cannabis Express, having helped build one of the Bay Area’s biggest delivery providers. In addition to developing and scaling successful cannabis businesses, Marie is focused on being an advocate for social justice and equity in the industry. She’s an advisor to the cannabis equity program for Success Centers and offers monthly tours to MD Farms for equity applicants. Marie’s goals for 2020 are to expand MD Numbers and MD Farm’s capacity, develop new properties and build more equity brands; advising, supporting, and championing equity in every way possible.

Full name: Marie Montmarquet

Title: Co-founder

Company: MD Numbers Inc.

Years at current company: 5

Education profile: University of Tennessee — Bachelors of Arts, Double Major Political Science & Psychology

Most successful professional accomplishment before cannabis: Prior to cannabis, I ran my own commission sales company called Direct Effect Marketing based in Tracy, CA. I hired, trained and oversaw the sales team for Direct TV connections inside Costco, Walmart and BestBuy. I started with the company in Nashville, Tennessee, and within three months had generated enough connections to earn a paid move and promotion to California. I excelled at commission sales and won a Dale Carnegie Sales Award for best sales presentation, which then led to becoming a Sales Strategy Coaching Assistant for Dale Carnegie in the Bay Area.

Company Mission: MD Numbers’ primary mission is centered around corporate responsibility, sustainability, and equity in every facet. We believe in being accountable stewards to the environment, our customers, the community, and our employees, including making sure every decision made is centered around leaving the earth better than we found it.

Company’s most successful achievement: MD Farms and Marie’s Deliverables are 100% Black-owned. Through the years, MD Numbers has retained full ownership and control of its enterprises in a space that is generally hostile toward minority operators and predatory of equity licensees.

Has the company raised any capital: Yes

Any plans on raising capital in the future? Yes

Most important company 5-year goal: Continuing to expand our cultivation footprint and vertical integration into Marie’s Deliverables and future retail opportunities.


StaffStaffAugust 5, 2020
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4min9332

Executive Spotlight: Alex Levine, Co-CEO, Green Dragon

Title: Co-Founder and Chief Development Officer

Company: Green Dragon

Years at current company: 5+

Education profile: Tufts University

Most successful professional accomplishment before cannabis: My entire professional career has been in every aspect of cannabis, from cultivation to manufacturing and retail. I have been involved in real estate transactions, acquisitions of new licenses, operations, and logistics. Green Dragon is now one of Colorado’s largest retail chains and I’m proud to have been integral in building a start-up business into the company that it is today. Outside of the office, I am an accomplished musician, and I play both piano, guitar, and drums.

Company Mission: Our mission is to provide premium products at the most competitive prices, with the best service and lowest operating costs in the industry. Cannabis consumers deserve access to a quality experience at an affordable price point, but too many dispensaries follow an outdated model with high-pressure sales, tiered pricing, or daily promotions. Green Dragon set out from the start to offer every day, Low Pricing, which is how we have established such a loyal customer base in Colorado. Our customers know to expect the best products at the best prices.

Company’s most successful achievement: Growing Green Dragon from a small company of three stores to one of the largest and most profitable chains in Colorado, as well as growth outside of the state with a recent acquisition of a Florida license, are accomplishments that we are very proud of. Staying profitable while operating in the most competitive cannabis market in the country is a top achievement for us. We’re a dispensary in a space where there are more dispensaries than there are Starbucks locations. To remain successful, we continue to focus on our core value of always improving the shopping experience, which guides our decision-making as we adapt to today’s challenges and expand to new markets.

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

Any plans on raising capital in the future? Yes

Most important company 5-year goal: To become a key player in the Florida market. As one of the few approved Medical Marijuana Treatment Center Licensees in Florida, Green Dragon will be opening cultivation, production and extraction facilities, and medical marijuana dispensaries across the state. I was born and raised in Florida, and I’m ready to bring my cannabis knowledge and experience back to my home state.


StaffStaffJune 18, 2020
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4min9620

Full name: Emma Chasen

Title: Co-founder

Company: Eminent Consulting

Years at current company: 2018-present (2 years)

Education profile: Brown University, B.A. Biology, Ethnobotany and Medicinal Plant Research, and Pre-medical Sciences

Most successful professional accomplishment before cannabis: 

Creating a specialized course of study within the Biology department at Brown was a big accomplishment for me. To be able to design my curriculum to study Ethnobotany and Medicinal Plant Research allowed me to excel and has aided me exponentially in my career in cannabis.

Company Mission: 

We know the eccentricities of the cannabis industry and therefore we approach shaping its culture accordingly. Our mission is to guide and influence emerging cannabis entrepreneurs to successfully implement a craft ethos and cutting-edge business model through scientific-based educational initiatives and authentic collaborative relationships.

Company’s most successful achievement:

Launching our online educational training program on the fundamental elements of cannabis and its purported effects is a major accomplishment for us. We so believe in the power of education and how incredibly necessary it is to help this industry evolve in an ethical and intelligent paradigm.

Guiding and assisting our Oklahoma clients, Resonant Cultivation, in the successful launch of their cultivation facility and growth of their business has been so rewarding. We are so proud to see them succeed in the Oklahoma market.

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

Any plans on raising capital in the future? No, we hope to stay entirely self-funded

Most important company 5-year goal:

To effectively launch and market our online training program so that states with cannabis public access programs adopt and recommend the standardized training for all industry personnel. And, to continue to help our clients develop their businesses and achieve great success in new and emerging markets.


StaffStaffJune 3, 2020
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7min15770

Executive Spotlight: Tyler Robson 

 

Title: Chief Executive Officer and Director 

 

Company: The Valens Company 

 

Years at current company: 8 years 

Education profile: Bachelor of Science in Biology at the University of Saskatchewan, which he attended on a Football scholarship. 

Most successful professional accomplishment before cannabis: Tyler began his journey in the Cannabis space cultivating and growing licensed medical marijuana plants at an early age to support patients including his father. Since then he knew, understood, and believed in the wide spectrum of benefits created by the cannabis plant and he knew it was his mission to bring this category and its benefits to the masses. Tyler took a break from growing to pursue his studies in Biology at the University of Saskatchewan, graduating with a BSC, which he attended on a football scholarship. Passionate about Academics as well as Athletics, he has always known the value of teamwork, perseverance, and grit. After University he returned to the Cannabis category to start and manage a number of growing operations which eventually led to the creation of Valens GroWorks, now The Valens Company. After returning to Kelowna, Tyler pursued research and development, plant innovation and life sciences, with an emphasis on medical cannabis and its applications in the treatment of seizures, chronic diseases, pain control, and neurological symptoms, and was eventually appointed as CEO of the company. 

Company Mission: Our mission is to become the world’s most trusted partner for best-in-class cannabis extraction, testing, formulation, product development, and custom manufacturing.

Company’s most successful achievement: In just a few years since its founding in 2017, Valens has become the largest publicly traded third-party extraction company in Canada with an annual capacity of 425,000 kg of dried cannabis and hemp biomass at our purpose-built facility in Kelowna, British Columbia which is in the process of becoming European Union (EU) Good Manufacturing Practices (GMP) compliant. Today, the Company is quickly establishing a leadership position in Canada’s Cannabis 2.0 phase, offering consumers a wide range of product formats, including tinctures, two-piece caps, soft gels, oral sprays, and vape pens as well as beverages, concentrates, topicals, edibles, injectables, natural health products with a strong pipeline of next-generation products in development for future release. In March this year, the company launched a line of cannabis-infused beverages, produced under a white label agreement with A1 Cannabis Company (a subsidiary of Iconic Brewing). The beverage line includes BASECAMP, a CBD-forward iced tea, and SUMMIT, THC-forward citrus water, both of which are available online at the Ontario Cannabis Store.                          

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

If so, how much? In 2018, the company raised $41M in capital. In April 2019, $43,125,000 gross proceeds were raised through bought deal financing providing a strong cash position to be able to execute on the company’s growth plan.

Any plans on raising capital in the future? Valens has a strong balance sheet with $44.3 million in cash and short-term investments and a networking capital position of $80.4 million as of February 29, 2020. We are confident in our ability to sustainably manage our growth, having reported three straight quarters of profitability and benefiting from revenue visibility as a result of our multi-year contracts. As we continue to invest in building out our infrastructure and seek to enter new markets, we will continue to assess how best to generate and allocate capital in order to optimize ROI for our shareholders.

Most important company 5-year goal: Over the next five years, The Valens Company will be strategically focused on the following goals: 

  • Broaden End-product and Delivery Capabilities: Broadening its white label offerings to become the largest third-party cannabis product development and manufacturing company in the world.
  • Operate With Global Standards: Continuing to ready its business model for exportation to high-value international markets.
  • Provide Unique, Customized Offerings: Further developing our unique, IP-based product technology platform offering customized white label services.
  • Increase Capacity: Significantly increasing existing extraction capacity of 425,000 KG of hemp and cannabis to keep up with expected demand.
  • Build Reputation: Gaining more partnerships and establishing itself as the trusted partner of choice by various leading Canadian and international brands, including CPG companies.

StaffStaffMay 15, 2020
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5min8270

Kimberly Stuck was the first Marijuana Specialist for the Denver Department of Environmental Health, and therefore, the first Marijuana Specialist for a public health authority in the Nation. Conducting compliance inspections, license sign-offs, running pesticide investigations, writing press releases, conducting recalls, conducting shelf stability and CBD source approvals, she’s done it all. The industry lovingly started calling her the “weed-whacker,” primarily because she has disposed of 28 million dollars of Cannabis/Cannabis products in 2016 alone, due to non-compliance. She has greatly helped Colorado develop requirements, and has also helped California Department of Public Health (CDPH) develop their regulations. She has knowledge of all local, state and federal cannabis and health regulations. During the years as a regulator, she grew a love for the industry and the people in it. While working as a regulator, she noticed a huge gap in the industry when it came to Compliance Consultants. She knew she could make a huge difference and save cannabis companies millions through active preventative measures, if she started her own company, and has already been named one of the 13 women who will help shape the cannabis industry. With the support of the industry, she decided to launch Allay Cannabis Consulting. The company’s goal is to help the cannabis industry thrive on a global scale.

Title: Founder/CEO

Company: Allay Consulting, LLC

Years at current company: 3 years in July

Education profile: BA in Human Nutrition, CP-FS, CQA.

Most successful professional accomplishment before cannabis:  Becoming a CP-FS (Certified Professional – Food Safety) and being a Public Health Investigator for the DDPHE (Denver Department of Environmental Health), it was a great job and I was fortunate to be offered the position. I had a lot of food safety training before taking on this job, but it was this position that gave me the opportunity to first work in the cannabis industry. Without that opportunity, I would have never been able to reach the goals I have so far, in the industry that I love. 

Company Mission: To use our unique set of knowledge and skills to assist the cannabis industry in producing safe, consistent, and compliant products. We also want to help protect cannabis workers, and to help normalize the cannabis industry, as a whole, through education and certifications.

Company’s most successful achievement: We recently assisted with the Colorado CHAMP initiative (Colorado Hemp Advancement & Management Plan), and helped write the Colorado Hemp plan, which will be submitted to the USDA. We have partnered with four accredited certifying bodies that have agreed to certify cannabis companies to cGMP and ISO standards, and have helped many companies in the industry achieve their certification goals. We also opened another location in Portland, OR in December, and are continuing to grow our team.

Has the company raised any capital (yes or no): No. I saved enough money once I knew what I wanted to do, to be able to launch without a partner or outside capital. 

Any plans on raising capital in the future? Not at this time. We have done pretty well without it so far, but I never say never. 

Most important company 5-year goal: To continue to do good for the industry, treat our clients like family, and support them in any way we can to help them succeed. We want to keep growing the business organically, and only hire team members with the same love for the industry that our current team has. We are and will continue to be, involved in regulatory affairs in new, up-and-coming states, training regulators, and fighting for fair and safe regulations within the cannabis industry.


StaffStaffMay 7, 2020
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4min15960

Executive Spotlight: Wendy Alison Berger

Title: Board Director / Member of the Board

Company: Green Thumb Industries OTC:GTBIF / CannaVu

Years at current company: 5 years / recent

Education profile:

Syracuse University: Bachelor of Science, Finance and Marketing, 1988

Northwestern University Kellogg School of Management; MBA, Finance and Real Estate, 1993

Most successful professional accomplishment before cannabis: Following my entrepreneurial dream and creating WBS Equities, LLC which specializes in ground-up construction, renovation, development, sale-leaseback transactions and acquisitions of food manufacturing and food distribution facilities.  I’m also incredibly proud of having co-founded Illinois Women in Cannabis in 2014 with GTI’s Senior Vice President of Government and Regulatory Affairs Dina Rollman. IWC connects, educates, mentors, and supports Illinois women of all ages and backgrounds in order to maximize their opportunities in the emerging Illinois cannabis industry.

Company Mission: GTI’s mission is to promote well-being through the power of cannabis. CannaVu’s is to provide advertisers the ability to purchase digital advertising while meeting and exceeding state and federal requirements.

Company’s most successful achievement:  It’s hard to choose one “most successful” achievement for Green Thumb but I think what stands out most is how we’ve created the right team to thrive in a highly dynamic and evolving industry, and our diligent approach to capital allocation. CannaVu is the best at what it does and I’m excited about the achievements we’ll make this year.

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

If so, how much?: GTI has raised $250 million in equity since 2018 and $105 million in debt.

Any plans on raising capital in the future? We like the position of our balance sheet. With our recent sale and leaseback transactions and the cash flow generated from our business operations, our growth plans are funded, and we are optimistic about our future. CannaVu may raise capital this year.

Most important company 5-year goal: GTI wants to continue to expand access to Green Thumb’s branded cannabis products such as Beboe, Dogwalkers, Dr. Solomon’s, Incredibles, Rythm, and The Feel Collection that help the well-being of so many people. CannaVu wants to remain the premier platform for canna-compliant digital advertising.


StaffStaffApril 14, 2020
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4min12430

Würk is the leading human capital management company for the cannabis industry. Keegan Peterson founded Wurk in 2015 after recognizing that cannabis businesses didn’t have access to the same scalable HR technology solutions as mainstream companies.  Under his leadership, Wurk now serves hundreds of clients across 33 states, including some of the largest publicly traded cannabis corporations in the nation. Würk now pays one in ten employees in the cannabis industry.

Prior to founding Wurk, Peterson spent over a decade working for high-growth HR technology companies, developing a deep understanding of how to build and scale software solutions that automate critical HR functions of business operations.

Peterson is active in lifting up other entrepreneurs in the cannabis space. He is a mentor at Canopy Boulder and Canopy San Diego, a mentorship-driven, early-stage investment program for startups in the cannabis industry, with a focus on ancillary products and services. He is an outspoken public advocate and thought leader for the cannabis industry and is an associate producer on the 2018 documentary Weed The People, which aims to educate mainstream audiences about medical cannabis as a human rights issue.

Full name: Keegan Peterson

Title: CEO and founder

Company: Würk

Years at current company: 5 years

Education profile: Keegan holds a BBA in Finance from Florida Atlantic University, graduating Cum Laude.

Most successful professional accomplishment before cannabis: Prior to founding Wurk, Keegan spent over a decade working for high-growth HR technology companies, developing a deep understanding of how to build and scale software solutions that automate critical HR functions of business operations.  

Company Mission: Wurk was founded after Keegan recognized that cannabis businesses didn’t have access to the same scalable Payroll and HR technology solutions as mainstream companies. Despite numerous advancements in the legalization movement, cannabis companies still repeatedly experience cumbersome and preventable growth challenges, including being dropped by traditional workforce management vendors. Wurk exists in order to provide an HR and payroll platform specifically to serve the rapidly growing cannabis industry.

Company’s most successful achievement: Würk currently handles payroll for 1 in 10 employees in the cannabis industry nationwide, and powers some of the biggest names in cannabis including: Acreage Holdings, Aster Farms, Canndescent, Harvest, Flow Kana, Vangst, Curaleaf, GTI, and iAnthus.

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

if so, how much?: $18M

Any plans on raising capital in the future?  Wurk is not actively pursuing additional financing at this time but open to investments that accelerate the growth of the company.  

Most important company 5-year goal: Empower all the people of cannabis with 100% access to proper workforce management and payroll technology so they can continue to grow their companies. 

 



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