COMPANY FACTS
ESTABLISHED:
2018
HQ:
Sacramento
OFFICES:
Sacramento
Nashville
London
San Francisco
MARKETS SERVED:
North America
Europe
INDUSTRY:
Hemp/Cannabis (CBD)
CONTACT:
Jason Weiss
investor@canngoods.com
+1 (916) 282-1300
FOUNDER & CEO
LUCAS ROBINSON
MANAGEMENT HIGHLIGHTS:
• Built $100M+ worldwide e-commerce business
• Developed aviation and dental supply chain software with $300M on platform
• Co-developed and exited Technology Business with Sysco
ABOUT
CannGoods is a supply chain company with a focus on building domestic and international pharmaceutical-grade regulatory pathways between Europe and North America for hemp-derived products.
THE CBD VERTICAL
The hemp-derived CBD market will reach sales of $22 billion by 2020, outpacing the rest of the cannabis market combined, and surging from $591 million in 2018 – that’s a five-year CAGR of 132%. (Source: Brightfield Group)
OPPORTUNITY
CPG brands, big and small, are entering the CBD space with aspirations of gaining market share in both North America and Europe. However, regulatory uncertainty and an immature supply chain are creating risk. CannGoods is looking to eliminate this risk and create trust in the marketplace.
THE SMART SUPPLY CHAIN PLATFORM
CannGoods actively curates suppliers from the hemp-ingredient supply chain by examining, certifying and integrating leading candidates. These partners track their ingredient movement and manufacturing process with the CannGoods Smart Supply Chain Platform. Brands, retailers, and partners can view ingredient movement, product production and activity across the Smart Supply Chain Platform. CannGoods accelerates market entry for brands wanting to get into the CBD space. In addition, CannGoods Smart Supply Chain Platform offers support, documentation and certification all while using the highest standards and practices to provide compliance for the marketplace.
