CanndescentCannabis1 / 36Read in the app

Pitch deck

Canndescent's pitch deck

The deck, and the 4 rounds we watched Canndescent raise afterwards, with the investors each report named.

CANNDESCENT is a luxury cannabis brand based in California, known for pioneering the "luxury cannabis" market since its founding in 2015. The company, led by Adrian Sedlin and Randall Patten, focuses on an effects-based approach to cannabis, moving away from traditional strain names. Headquartered in Santa Barbara, with a cultivation facility in Desert Hot Springs, CANNDESCENT is a state-compliant cultivator, processor, and distributor, producing over 10,000 pounds of cannabis annually. The brand offers a range of ultra-premium cannabis products, including flower and pre-rolls, categorized by five signature effects: Calm, Cruise, Create, Connect, and Charge. CANNDESCENT also emphasizes social responsibility through its Justice Joints initiative, donating 100% of profits to cannabis-related social justice causes. The company targets luxury consumers and socially conscious individuals, distributing its products through top dispensaries and delivery services across California.

36 slides0.9MBUSCannabisEnterprise

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What is in it

The deck, slide by slide

Each slide by what it argues. 36 slides against a median of 13 across the 1,712 decks we hold.

median
  1. 1Cover
  2. 2
  3. 3
  4. 4The ask
  5. 5Go to market
  6. 6Market
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12Product
  13. 13
  14. 14
  15. 15
  16. 16Market
  17. 17
  18. 18Cover
  19. 19Market
  20. 20
  21. 21The ask
  22. 22Product
  23. 23Problem
  24. 24Solution
  25. 25Solution
  26. 26Market
  27. 27Team
  28. 28Market
  29. 29Product
  30. 30Market
  31. 31Product
  32. 32
  33. 33
  34. 34
  35. 35The ask
  36. 36

CoverThe askGo to marketMarketProductProblemSolutionTeam

  1. Sept 2019

    Series C$28M

    Green Acre CapitalLeadCarnegie Arch CapitalJW Asset ManagementSenterra

    Reported by FinSMEs

  2. Sept 2018

    Round$13M

    Merida Capital/ Altitude

    Reported by Mjbizdaily

  3. Jan 2018

    Series B$10M

    Floret Ventures

    Reported by FinSMEs

  4. Sept 2016

    Seed$6.5M

    Adrian SedlinLee McPherson

    Reported by FinSMEs

Everyone who backed Canndescent

Canndescent pitch deck, cover slide1 / 36

The deck itself

Read Canndescent's full pitch deck

All 36 slides, each read for what it argues and set against the decks that raised at the same stage. The cover is shown here; the rest is read in the app.

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