Apothecarry Brands
Apothecarry Brands is a purveyor of luxury cannabis accouterment, providing high quality storage goods designed with the cannabis connoisseur in mind.
- Stage Full Product Ready
- Industry Lifestyle
- Location Los Angeles, CA, US
- Currency USD
- Founded June 2015
- Employees 5
- Incorporation Type C-corp
- Website theapothecarrycase.com
Company Summary
Apothecarry Brands is a luxury storage and humidity company.
Quick Facts
Has $550K in sales in its 18 months of launch, a $26k in ad spend,
4 sell out events with Touch of Modern.
Q1 2018 was 144% up in YoY. 88% up Q2 over Q1 and 65% up Jan-Jun YoY.
50% Margins
CFP in December 2018
Gross Burn $22k, Net Burn 7.5k
When we hit our $7M in sales in 2021 with over 33% EBITA margins and a 10X EBITDA multiple, we will be at a $23M valuation.
Team
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CEOInspired by a lack of stylish, safe cannabis storage systems and a distain for storing medicine in a shoebox, Apothecarry Brands CEO Whitney Beatty is a successful entertainment industry executive turned cannabis storage designer that’s spearheading her quickly growing start-ups. Her company Apothecarry was in the first cohort of Canopy San Diego cannabis business accelerator & won the best pitch award at the Arcview Group’s LA investor summit.
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