Keegan Peterson
๐ค SpeakerAppearances Over Time
Podcast Appearances
Absolutely.
Thank you for having me today.
Cannabis is a fascinating industry right now.
It's a fascinating experiment.
And it's a great place for the technology industry to really play a big part in solving some of these issues.
It's federally illegal and it's state legal.
And that provides a pretty interesting environment with a lot of challenges.
And folks like myself are creating software technologies to help bridge that gap.
For the longest time, almost a year, I self-financed it.
And then we've now raised $3 million of traditional funds from VCs and folks like that.
We are an interesting vehicle in the cannabis industry.
It's been hard to get traditional investment vehicles to come in.
However, our business model is so familiar outside of the cannabis industry that we were that vehicle that made a lot of traditional conservative investors come and take a plunge into this industry.
So we've been very fortunate to have some funds and VCs that come on.
So cannabis touching businesses either grow the plant, they sell the plant or they extract the plant.
So they take the plant, put it into a machine that presses it into oil and they bake that into cookies or into vaporizers, things like that.
So those are businesses that are actually touching the plant.
And those are the businesses that we service.
Marijuana, weed, cannabis.
Marijuana and weed has had a negative stigma from the past, from the war on drugs.