Freedom Cannabis Inc.
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Freedom Cannabis Inc. - overview
Established
2016
Location
-, AB, Canada
Primary Industry
Healthcare
About
Freedom Cannabis Inc. is a Canadian company engaged in the cultivation and distribution of high-quality cannabis products, focusing on premium strains with high THC content for both recreational and medical markets. Founded in 2016, Freedom Cannabis Inc. specializes in cannabis cultivation and distribution.
The company is led by John Potestio, who is both the founder and CEO. Freedom Cannabis has executed one deal, with its most recent funding round occurring on June 28, 2018. Freedom Cannabis focuses on the cultivation and distribution of high-quality cannabis, featuring its main product line, Freedom Reserve. This includes various Indica and Sativa strains, with THC content exceeding 30% for Reserve Indica and 25% for Reserve Sativa, alongside an average of 2% terpenes.
Their meticulous cultivation techniques include a three-week flush and a two-week cold curing process. Notable strains such as Purple Punch, Slurricane, and Wedding Cake are available in various formats, including pre-rolls and 3. 5-gram products, marketed to consumers and medical patients across provinces like Alberta, British Columbia, and Manitoba. Freedom Cannabis operates a two-pronged business model with direct-to-consumer sales and partnerships with retailers and wholesalers.
Their offerings include premium cannabis products such as Freedom Reserve, sold through retail and online channels. Although specific pricing is undisclosed, their pricing reflects the quality of the products. Freedom Cannabis emphasizes a high standard of consumer experience, utilizing sealed NitroTin containers to ensure product integrity. Freedom Cannabis is focused on introducing new products and expanding its market reach.
The company plans to expand its product line and enhance its offerings, although specific release dates are not provided. The company also aims to penetrate additional Canadian provinces and potentially explore international markets. Recent funding raised in June 2018 from Visionstate Corp. will support these growth initiatives, although the financial terms remain undisclosed.
Current Investors
Visionstate Corp.
Primary Industry
Healthcare
Sub Industries
Alternative Medicine, Pharmaceutical Research & Development
Website
www.freedomcannabis.ca
Verticals
Cannabis/Medical Marijuana
Company Stage
Angel & Seed
Total Amount Raised
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