Cannabis One Holdings Inc (CSE:CBIS) – Company Profile
Quote Close Prices Trades Chart News Company Analyst Corp. Events Share Info Key Ratios Filings Earnings

Cannabis One Holdings Inc Company Profile

Headquartered in Denver, Colorado and licensed across another four states, Cannabis One Holdings Inc. (CSE:CBIS) (OTC:CAAOF) is a vertically-integrated, seed-to-sale recreational and medical marijuana company. The company is focused on aggregating cannabis retail distribution and brand manufacturing and brings over 80 years of collective experience in capital markets, business development, asset management, real estate, compliance, corporate finance, and acquisition.

With its unique, franchise-ready retail brand, The JointTM, and targeted partnerships and acquisitions, Cannabis One looks to become a definitive source for unparalleled product selection and the premier “House of Brands” in North America.

Cannabis One positioned itself in the retail cannabis market recently by signing an exclusive, multi-state territorial licensing and royalty agreement with Cheech’s Private Stash (CPS). This agreement gave Cannabis One exclusive territorial rights to CPS products and further expanded the company’s branded portfolio line. Included among the CPS products are the Big CheecharrónTM label pre-rolls, edible chocolates and gummies that feature the "Tropical Stash" and "Mango Stash" flavors, as well as vape pens and vape-cartridge refills. The CPS product line also includes tinctures and topicals.



Becoming North America’s Premier “House of Brands”

As legal marijuana gains traction across the United States, consumers are looking for more variety in the cannabis products available. Cannabis One has positioned itself accordingly to adhere to the demand with its expanding brand portfolio that has continuously proven its value in the market.

Most recently, CBIS announced the launch of its new Herah product line, which consists of CBD-wellness products that are inspired by cannabis industry pioneer, Herah Osborne. The product line will include CBD-infused topicals like eye repair serums, body lotions, and facial creams. 

The company also recently acquired the award-winning cannabis-infused products brand Honu Enterprises, adding industry-leading concentrates, a range of popular edible products, cannabis dried flowers, and the Honu Naturals line of cannabis-infused creams, massage oils, lotions, bath products, and lip balms.

Speaking of award-winning brands, CBIS added Evergreen Organix to its roster this year, a brand that has won multiple awards and has established manufacturing and distribution relationships across six states: Washington, Nevada, California, Colorado, Oregon, and Montana. Evergreen Organic has won numerous cannabis industry awards for its branded product line such as Best CBD Flower for its Fleur-branded “Fire Angel” strain and Best Edible for its Evergreen Organix-branded “Chocolate Chip Cookie” at the 2018 Jack Herer Cup. The company also won second place in the Best Edible category at the recent 2019 THC Classic hosted by Rooster Magazine. 

The company also added an impressive list of quality dried cannabis flower strains to its product portfolio when it acquired the Fat Face Farms brand from Colorado-based JBC Enterprises LLC. Fat Face Farms, which is a family-owned recreational cannabis grower in Colorado, has become a perennial favorite amongst consumers thanks to its commitment to growing the highest quality products. 

On top of that, Cannabis One has a famous line of cannabis products, which was acquired through an exclusive, multi-state territorial licensing and royalty agreement with Cheech’s Private Stash. Cheech’s Private Stash is a premium brand that was created by stand-up comedian, actor and long-time cannabis advocate, Cheech Marin, who is well-known for his part in the comedy duo Cheech and Chong.

The company’s retail dispensary chain offers high-quality marijuana and marijuana products including marijuana flower, pre-rolled joints, topicals, edibles, and concentrates and its proprietary brands include INDVR, a premium line of fashion-meets-function vaporizers and INDVR FIRE, stylish yet discrete, disposable vaporizers.


Expanding its Reach Across the US

As mentioned, CBIS has already increased its presence significantly in its home state of Colorado and has been moving into the California market, but its sights are set on expanding further across the US. The company is already licensed in Colorado, Oregon, California, Nevada, and Washington, and is looking to add another five states to its roster by the year 2020, including Alaska, Massachusetts, Vermont, Michigan, and Maine. 

Cannabis One expanded its multi-state footprint in May 2019, securing two manufacturing and processing facilities in the State of Oregon that total over 21,000 square feet. These state-of-the-art facilities, which are being developed in accordance with GMP (Good Manufacturing Practices) standards, will ensure the production of nothing but the highest quality products.

In addition to its Herah CBD-infused product line, CBIS's entry into the Oregon market is expected to also provide the company with another cannabis facility to manufacture and distribute its complete array of award-winning THC brands from Honu, Evergreen Organix, INDVR, and West Edison, upon securing Oregon Liquor Control Commission cannabis licensing approvals.

Moving forward the company has an eye towards international export, as legislation and regulation may permit.


Meet the Cannabis One Holdings Team

Cannabis One

Jeffery Mascio

Chairman, President, and Chief Executive Officer

Jeffery Mascio brings a wealth of knowledge and leadership ability to the Cannabis One team. His experience includes previously founding and acting as CEO of Meridian Capital Advisors, a Registered Investment Advisory firm, and managing Partner for Bertram Global Commodities Fund. Jeffery also managed in excess of $100MM in assets for Merrill Lynch, Morgan Stanley, and Smith Barney private clients.

 

Cannabis One

Darrick Payne, MD

Director & Vice President, Compliance

Darrick Payne founded Axis Venture Group in 2007 and MOXIE Productions in 2016. He has also been involved in a variety of business ventures including business development, real estate development, and angel investing. An anesthesiologist with more than 20 years experience in the medical field, he specializes in regenerative medicine.

 

Cannabis One

Brad Harris

Director & Vice President, Retail Operations

Brad Harris oversees all investment and operational activities of Cannabis One retail and dispensary locations. He has been an active owner and operator of 45 restaurants across 7 national and regional franchise brands. Brad also served on the Colorado Subway advertising board and has done business consulting for smaller regional franchise brands.

 

Cannabis One

Joshua Mann

Director, Advisor

Joshua Mann is the Co-Founder & General Partner of Wildhorse Capital Partners. Previously Vice-President of Business Development at Blackbird Energy, he has held several ascending roles as an investment banker at Stifel Nicolaus. What’s more, Joshua has over $3 billion in capital raising deal experience.

 

Cannabis One

P.J. Rinker

Vice President, Product Development

P.J. Rinker was the lead behind the design and development of Cannabis One’s vaporizer lines, INDVR and INDVR Fire. He is actively involved in brand acquisition and development. He was also previously the owner and co-founder of Lexa Custom Homes. His homes were featured in the Colorado Tour of Homes and Colorado Parade of Homes.

 

Cannabis One

Theresa Mohan

Vice President, Finance

Theresa Mohan is an executive level financial operations and quality management systems professional. She structured a successful product line launch for PPE division of a Fortune 100 company. At Cannabis One, she designs, manages, and implements corporate processes.

 

Cannabis One

Ryan Atkins

Chief Financial Officer

Ryan Atkins also serves as Managing Director and CFO at Wildhorse Capital Partners Inc. and Interim CFO for Bertram since January 2018. Previously, he was the CFO and Senior Legal Counsel to Holmes Communities, and CFO and General Counsel to Albi Homes Ltd. He has over 25 years of international accounting, finance, and legal experience across North America.


Disclosure:

1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on my research and understanding of the sector.

2) The Article was issued on behalf of a third party, Cannabis One Holdings Inc. Market Jar Media Inc. has or expects to receive the following amounts from Native Ads Inc. in the amount of two hundred sixty four thousand US dollars for 22 campaign days (16 business days). In addition, Market Jar was re-engaged by Native Ads for a period of 23 campaign days (17 business days) in the amount of two hundred thirty two thousand five hundred thirty CA dollars.

3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy.

4) The Article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.'s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on Market Jar Media Inc. should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on Market Jar Media Inc.

5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article.