# Canndescent's pitch deck

> Canndescent's pitch deck: 36 slides, and the funding round we observed afterwards.

Source: https://millionrounds.com/decks/canndescent (Millionrounds; every figure on the page links to its filing or article)

**Canndescent** Cannabis 1 / 36 Read 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 slides 0.9MB US Cannabis Enterprise

Read the deck Free account. The deck belongs to Canndescent, so reading it needs one; everything on this page is public.

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

Cover The ask Go to market Market Product Problem Solution Team

What happened next

## $57M across 4 rounds

**4** rounds observed **$57M** reported in total **Sept 2016** first we saw **Sept 2019** most recent

- Sept 2019 Series C **$28M** [Green Acre Capital Lead](https://millionrounds.com/fund/green-acre-capital) Carnegie Arch Capital [JW Asset Management](https://millionrounds.com/fund/jw-asset-management)[Senterra](https://millionrounds.com/fund/senterra) Reported by FinSMEs
- Sept 2018 Round **$13M** Merida Capital/ Altitude Reported by Mjbizdaily
- Jan 2018 Series B **$10M** [Floret Ventures](https://millionrounds.com/fund/floret-ventures) Reported by FinSMEs
- Sept 2016 Seed **$6.5M** Adrian Sedlin Lee McPherson Reported by FinSMEs

[Everyone who backed Canndescent](https://millionrounds.com/company/canndescent)

1 / 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.

Read the deck *→* Free account. The deck belongs to Canndescent.

## More decks

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[Browse all 1,712 decks](https://millionrounds.com/decks). We hold no record of where this file came from or on what terms. If it is yours and you would rather it were not here, [tell us](https://millionrounds.com/corrections?deck=canndescent) and it goes.