Agritek Holdings, Inc. operates as a fully integrated, active investor and operator in the legal cannabis sector.
Specifically, the company provides strategic capital and functional expertise seeking to accelerate the commercialization of its diversified portfolio of holdings. The company focuses on three high-value segments of the cannabis market, including real estate investment, intellectual property brands; and infrastructure, with operations in the U.S. States, including Florida, Colorado...
Agritek Holdings, Inc. operates as a fully integrated, active investor and operator in the legal cannabis sector.
Specifically, the company provides strategic capital and functional expertise seeking to accelerate the commercialization of its diversified portfolio of holdings. The company focuses on three high-value segments of the cannabis market, including real estate investment, intellectual property brands; and infrastructure, with operations in the U.S. States, including Florida, Colorado and California.
The company intends to provide key business services to the legal cannabis sector, including funding and financing solutions for agricultural land and properties zoned for the regulated Cannabis Industry; dispensary and retail solutions; commercial production and equipment build out solutions; multichannel supply chain solutions; branding, marketing and sales solutions of proprietary product lines; and consumer product solutions.
The company intends to bring its array of services to each new state that legalizes the use of cannabis according to appropriate state and federal laws. The company’s business focus is primarily to hold, develop and manage real property. The company shall also provide oversight on every property that is part of its portfolio.
The company also owns several Hemp and cannabis brands for distribution, including Hemp Pops, MD Vapes, Rehab Rx, Higher Society and California Premiums. Through its vertically integrated business model, the company also strives to produce, brand and distribute hemp based products to improve customers’ lives and meet their demands for stringent product quality, efficacy and consistency.
The company’s hemp products are made from high quality strains of whole-plant hemp extracts containing a broad spectrum of phytocannabinoids, including CBD, CBN, CBN terpenes, flavonoids and other minor but valuable hemp compounds.
The company’s hemp extracts are produced from hemp, which is defined in the 2018 Farm Bill as the plant Cannabis sativa L. and any part of that plant, including the seeds thereof and all derivatives, extracts, cannabinoids, isomers, acids, salts, and salts of isomers, whether growing or not, with a delta9 tetrahydrocannabinol (THC) concentration of not more than 0.3 percent on a dry weight basis.
The company’s operations include a portfolio of wholly owned and licensed brands that cover high growth segments of the cannabis sector, including CBD edibles and topicals under its newly acquired Rehab Rx brand. The company’s product categories include human ingestible (tinctures, capsules, and gummies), topicals, and pet products. Planned product categories, as or when approved by the U.S. Food and Drug Administration (FDA) include powdered supplements, beverage, food, beauty, sport, professional (dedicated health care practitioner products) and over-the-counter wellness. The company’s products are distributed through its ecommerce websites RehabRx.com, Hemppops.com and third party ecommerce websites including Amazon, select distributors and a variety of brick and mortar retailers. The company sources high-quality hemp through long term contract farming operations in Colorado and California.
The company also has a rollup growth strategy, which includes the following components:
Acquire unique products and niche players where barriers to entry are high and margins are robust, providing them clients a broader outlet for their products; and
Develop and acquire multiple cannabis brands to capture the market vertically from manufacturing to production up to retail.
Consulting Services
The company offers consulting services for companies associated with the cannabis and hemp industries in all stages of development. Its consulting service offerings include the following:
Cannabis and Hemp Real Estate and Business Planning: The company’s commercial cannabis and hemp business planning services are structured to help those pursuing state based operational licensing to create and implement effective, long-range business plans. The company works with its clients to generate a comprehensive strategy based on market need and growth opportunities, and be a partner through site selection, site design, the development of best operating practices, the facility build-out process, and the deployment of products.
Cannabis and Hemp Business License Applications: As part of the process for crafting applications, the company collaborates with clients to develop business protocols, safety standards, a security plan, and a staff training program.
Cultivation Build-out Oversight Services: The company offers cultivation build-out consulting as part of its Cannabis and Hemp Business Planning service offerings.
Cannabis and Hemp Business Growth Strategies: The company customizes individual plans for the unique nature of its client businesses, their market and big-picture goals, supported with a detailed analysis and a thorough command of workflow best practices, product strategies, sustainability opportunities governed by a core understanding or regulatory barriers and/or opportunities.
Real Estate and Construction Operations
The company holds equity interest in real property in Pueblo, Colorado which is approved for a cultivation operation for Hemp once it has completed a settlement agreement and payment for water and mineral rights.
The company intends to build on its existing relationships by developing operating plans and providing oversight, strategy and management of the business units’ growth and integration. Further, the company plans to continue expanding its reach by building new partnerships with vertical market partners and end-user products companies, as well as exploring opportunities with successful cultivators and processors. Through its expansion efforts, the company intends to utilize online sales and marketing platforms, participate in relevant trade shows and develop various advertising materials to communicate its multiple licensed brands, including RehabRx, MD Vapes California Premiums, Hemp Pops and additional CBD products.
The company focuses on the growth of its business units and expanding their reach to end-users and partners. The company is available to provide functional expertise, financing, oversight and a framework of disciplined planning to the operations of the business units when needed.
Services and Markets
Funding and Financing Solutions
The company offers financing and financial aid to cultivators, collectives, dispensaries and product businesses in the legal cannabis industry with alternative funding and financing solutions.
Finance and Real Estate
Real Estate Leasing
The company’s real estate leasing business primarily includes the acquisition and leasing of manufacturing and cultivation space and related facilities to licensed marijuana growers and dispensary owners for their operations.
As of December 31, 2019, the company had a prior investment interest in one cultivation property that is located in a suburb of Pueblo, Colorado (the Pueblo West Property). The property consists of approximately eighty (80) acres of land. The property is zoned for cultivating cannabis. The comopany is evaluating strategic options for this property.
Canada
The company maintains a management contract with a 420 style proposed bed and breakfast property located in Quebec, Canada. The company is entitled to all rental revenue from vacation stays and sale of hemp based products generated from the property.
Sales and Marketing
The company sells its services and products throughout the United States in states that have implemented regulated cannabis programs, as well as Canada.
Intellectual Property
In November 2016, the company filed with the United States Patent and Trademark Office (USPTO) a federal trademark registration for Hemp Pops in the category of Staple Food Products. The company also has pending trademark applications pending to protect its branding and logos. These pending applications included trademarks for Rehab Rx (stylized and/or with design logo).
History
The company was incorporated under the laws of the state of Delaware in 1997. It was formerly known as MediSwipe Inc. and changed its name to Agritek Holdings, Inc. in 2014.
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