The Company - Lake County Economic Development...the SoCal Cannabis Cup in 2016 and 2017. KingPen...

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Transcript of The Company - Lake County Economic Development...the SoCal Cannabis Cup in 2016 and 2017. KingPen...

Page 1: The Company - Lake County Economic Development...the SoCal Cannabis Cup in 2016 and 2017. KingPen uses cutting edge hardware customized by their international partners. LoudPack Extracts
Page 2: The Company - Lake County Economic Development...the SoCal Cannabis Cup in 2016 and 2017. KingPen uses cutting edge hardware customized by their international partners. LoudPack Extracts

The Company Loud Pack, Inc. (“LP” or the “Company”) is a vertically integrated cannabis company, based in California. The Company has strong and growing revenue with very attractive profit margins. The Company is distributing to over 800 dispensaries with over 300 on waitlist which will be serviced starting

in January, 2018. LP cultivates, manufactures and distributes some of the most sought after brands and products:

710 KingPen, a vape pen company LoudPack Extracts, a concentrate company Loud Pack Farms, a top shelf flower and pre-rolled joint company

LP operates 100,000 SF of light deprivation greenhouse and a 50,000 SF manufacturing lab facility (largest inthe country), all of which is fully compliant with all regulations, and built to pharmaceutical standards. Theentire facility was built ground up with proprietary designs to meet the SOPs of the operators.

Expertise include cultivation, manufacturing, distribution, retail, real estate development and investment. Executives with experience in CPG, international distribution, and highly regulated industries. LP will become the largest cannabis consumer products company, developing in California and expanding into

new markets, both nationally and internationally. Plans to create or acquire 10 additional brands in next 12months.

Coca Cola model – Establish distribution channels with flagship brands and push additional brands throughthose channels (just like the “Coke truck” sells a number of other brands, such as Sprite, Disani, Nestea, etc.)

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Flagship BrandsThe Brands

Reliable and predictable. Can be used through non-smoking methods. Consistently high THC content. Proprietary process and formulation. Award winning. Growing rapidly and establishing large distribution

channels.

710 KingPen

KingPen uses a proprietary process andformulation to manufacture concentratedcannabis oils for use in vape pens.

KingPen is the most awarded vape pen cartridgein the history of the High Time Cannabis Cup.KingPen won consecutive first place awards inthe SoCal Cannabis Cup in 2016 and 2017.

KingPen uses cutting edge hardware customizedby their international partners.

LoudPack Extracts

LPE manufactures concentrated cannabisproducts such as sauce, shatter, butter, wax andoil.

LPE has won a number of awards at the HighTimes Cannabis Cup.

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Cultivation ManagementOverview DNA Genetics and Crockett Family Farms have been exclusively contracted by LP in California to manage genetics and cultivation. DNA and Crockett have a dedicated following for their products, and are known throughout the Industry as a leading cultivation team. DNA and Crockett are currently managing over 350,000 SF of cultivation operations for Tweed, a subsidiary of Canopy Growth Corp

(TWMJF), a Canadian publicly traded company with a market cap of over $3 billion. Tweed’s profitability increased after partneringwith DNA and Crockett. Further, DNA and Crockett have proven their ability to manage large scale growing operations.

DNA Genetics

DNA, founded in 2004 in Amsterdam, is recognizedinternationally as a prominent cannabis genetics company.

DNA holds more than 150 awards internationally fromprestigious events and trade shows. They have beeninducted into the High Times Seed Bank Hall of Fame.

DNA has prioritized working with the medical and scientificcommunity to help provide alternative solutions to the currentpharmaceutical approach. DNA’s work with theUnconventional Foundation for Autism and Israeli Researchare some recent examples of collaborations with the medicalcommunity.

Crockett Family Farms Crockett has won over 100 industry awards. Crockett’s partnership with DNA has generated international

recognition. Crockett’s organic breeding projects are the backbone of their

success. Crockett has staffed and operated small, medium and large

cultivation facilities, ranging up to 500,000 SF.

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The Team – Executives & PrincipalsJohn Cochran

Kate Denton

Kate has joined Loud Pack as Chief Marketing Officer, overseeing the development, commercialization and marketing of the Loud Packportfolio of brands. Kate’s background spans 13 years in consumer packaged goods and 4 years of entertainment marketing, having workedat major companies such as PepsiCo, Kraft Foods, and Capitol Music Group, a Universal Music Group company. Her experience ininnovation and consumer goods management, paired with deep understanding of cultural marketing from her time working in music willunlock opportunities for developing and marketing best-in-class brands in the cannabis space.

Kate has a keen awareness for what resonates with consumers. She was tasked with re-energizing brands such as Gatorade andTropicana with innovative new product lines, and led a number of traditional household brands including Taco Bell and Cool Whip while atKraft Foods. Most recently, Kate was senior vice president of Capitol Music Group where she revolutionized the way that artists interact withbrands, securing partnership opportunities for artists such as Lil Yachty, Migos, Halsey and Katy Perry.

Brett Montgomery

Brett joined Loud Pack in January 2018 as VP of Logistics and Supply Chain Management. Brett has an extensive background overseeing supplychain operations across various industries ranging from entertainment to fashion. His core competencies include lean process improvement,strategic business planning, and P&L management.

Before joining Loud Pack, Brett was the Supply Chain and Operations VP at Fragrant Jewels, a producer and retailer of women’s bath products.During his time there, Brett completely redesigned their shipping and production operations. Through Brett’s leadership, Fragrant Jewels achieved areduction of labor by 45% while increasing their production output.

Brett has an MBA with an emphasis in finance from the University of Southern California, which he attended after serving as a Captain in the US AirForce’s Space & Missile System division.

John joined the Loud Pack team in November 2017 as Chief Operating Officer. He has served in senior operating roles for multiple successful foodand beverage companies over the past 15 years.

Most recently, John was the CEO of Hollandia Produce, the leading hydroponic greenhouse cultivator of premium leafy greens in America. He movedto Hollandia after 3 years as CEO of Ole Smoky Moonshine and Whiskey Distillery. While at Ole Smoky, John quadrupled capacity, developed a newsales model and team, and led the brand’s global expansion into what is now over 50 countries. Prior to that, John had successful tenures at PabstBrewing and AQUA Hydrate.

John and his family moved to California in 2003 when he left General Electric to join The Wonderful Company – Owner of FIJI Water (acquisition ledby John and closed in 2004), POM Wonderful and Wonderful Pistachios. As President and COO of FIJI Water, John was responsible for thesuccessful post-merger management and relocation to the parent company. He relaunched the brand and completed more than $50 million of capitalimprovements and vertical integration projects in Fiji, tripling capacity. FIJI Water’s sales tripled to over $200 million and the company became cashflow positive under John’s lead. While at FIJI, John and his team also acquired and scaled Justin Winery.

John started his business career at McKinsey & Company serving industrial and consumer goods companies for 3 years. He holds a MBA and aMasters of Architecture from the University of Michigan. He received his BS of Architecture at the University of Illinois. John lives in Manhattan Beach,CA with his wife Jennifer and their 3 children.

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Current Operating Facility (“Cherry”)

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Projects – GreenfieldSame city as current operating facility

Pine Ave 400,000 SF of development approved on 14.5 acre

vacant property. Fully permitted for cultivation, manufacturing,

distribution, and dispensary.

4th St 14,000 SF industrial building. Fully permitted for cultivation, manufacturing, and

distribution.

4th St

Pine Ave

Cherry Ave

Pine Ave Rendering

Pine Ave Drawing

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Projects - HumboldtRedway:

3,200 SF building on 2.4 acres Fully permitted for manufacturing, processing,

distribution, and testing. One of first and few to receive permitting for

these uses in the county. Very few qualifyingindustrial zoned buildings in the area due tozoning being primarily agricultural.

Located in a major regional hub with a retailcenter densely populated by cultivators.

Property will be primarily used for distribution,sourcing raw materials, and first stagemanufacturing for efficient transportation.

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