Quantum Weed Inc.
Date of Foundation
2019

Quantum Weed Inc.

CBD producer for healthcare

The Idea origin story

Quantum Weed Inc., a CBD producer for healthcare, has innovated a unique approach ensuring maximum yield and consistent potency in cannabinoid production. Our products cater directly to those seeking relief from chronic pain, weight issues, sleeping disorders and various mental health conditions. We prioritize individualized production to maximize the therapeutic potential of our offerings.

The Mission

Mission: To enhance lives by providing safe, effective, non-addictive pain management to those suffering chronic conditions through Quantum Weed.

Clients

Customers will be raw materials for pharmaceutical companies, packaged products for health stores and other retail outlets

Problems we solve

Client’s problem

Your startup could potentially address issues such as dependence on opioid medication, poor mental health due to unmanaged chronic pain, struggles with weight loss, and difficulties with sleep. You could offer a natural and non-addictive solution to these problems.

Confirmation of problem

Current pain medications are addictive, opiate addiction is a North American epidemic. Prolonged use of pain medications can lead to other severe health issues Living in chronic pain results in a deteriorating quality of life

Solution

Develop a range of high-quality CBD products with scientific backing to ensure efficacy and safety. This should cater directly to the needs of your target demographic

Our technologies

This solution is based on technologies

How it works

Our soil-free start ensures plant health, maximizes nutrient/light exposure through our aeroponic system. Our unique drying process eliminates risks of mold and mildew.

Value for the client

Quantum Weed offers effective, natural pain relief solutions, targeting chronic illnesses while promoting healthier sleep and aiding weight loss.

Market and strategy

Market size

5180

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

10

% of the market

Is our goal in the next 3 years

Team

My name’s

Nigel Miller

My key role in the product

My key role is Market Development, and I'm responsible for identifying new business opportunities, creating strategic partnerships and driving market growth.

Team size and key members

Consider adding a CTO with experience in digital health tech, a COO for operations efficiency and a Marketing Director experienced in healthcare product launches.

Competitors

Competitors

Given your startup's focus on CBD for healthcare, you're looking at competitors like Charlotte's Web and CV Sciences that are leading in the CBD industry. Additionally, pharmaceutical companies developing synthetic cannabinoids could also be rivals.

Our Advantages

Predictable growing cycle Consistent potency and quality Disease Free

Business model

We sell CBD oils to manufacturers and retailers. Expected annual yield from 6 crops is $120M through product sales at market prices.

Traction

Secured $5.6M funding, initiating facility build slated for Q1 2024 completion. Expanded reach with added Florida acreage and hemp license; solid relationships forged with suppliers and customers.

Company's sales revenue has effectively managed to offset all operational expenses, paving the path towards increased profitability.

Metrics

We'll monitor the strength of our products and measure agricultural output to ensure quality control, while constantly improving efficiency for optimized production.

Founder-funded with an approved $10M loan. Strategic leasing partnerships have also been formed with premier equipment providers.

Incorporation

Our company incorporated in

Canada

Key risks

Regulatory changes or restrictions can impact your operations. There's also the potential for market saturation with many competitors in this field. Additionally, scientific research delivering inconclusive results about CBD benefits could negatively affect consumer trust and demand.

Investments

$

5600000

We raised investments

Our Investors

Founders 100%

Rising Investments

$

10000000

Currently, we are raising investments

$

40000000

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

Article

Read

Additional information

Quantum Weed specializes in producing medical-grade CBD intended for relieving chronic pain, managing weight issues, sleep disorders and anxiety. Our cutting-edge procedures ensure consistent quality required for therapeutic applications. Anticipating a market surge due to US regulatory transformations favoring cannabis, our natural compound derived from the cannabis plant potentially alleviates pain by interacting with our body's endocannabinoid system. Unlike THC, CBD does not induce psychoactive effects making it safe to use in suggested doses.

MVP