Download - iNeedTreez Cannabis Startup Pitch Deck
Quintin Adamis | Chris Conrad | Brian Kruse | Yen Fu | Rainer Dechet
iNeedTreezThe Simplest Way To Advertise & Discover Cannabis Businesses
The iNeedTreez PropositionStart Advertising in minutes.
Simple Pricing starting at $40/mow/ packages to increase your SEO
eCommerceBuy, Sell, Pay & Collect Payments
(once banking regulations solidify)
The simplest way to advertise &discover cannabis businesses
Adaptable to multiple devices
Huge Marketopportunityin cannabis
ecom/payments
High future valuation & ROIpotential evenw/ later stage
investment
Defensible business
andstrong
executionstrategy
Solid businessmodel w/ high
revenue generatingpotential
Experienced Managementw/ inspiring
advisory board
Management Team
Key Advisors
A Combination of Expertise and extended Networks w/ skin in the game
Brian Kruse Yen Fu Rainer DechetexPaypalDatabaseUSAAttorneyDispensary owner
TechStars MentorPayments ExpertiseIP AttorneySeasoned Investor
MentorFinance guyStartup Composer
Quintin AdamisCEOUX DesignStartup MentorEccentric (crazy)
TeamChris ConradCMOMBA StudentSales ManagementDJ
Marcell ScarlettVictor CazacuSnr iOS DevUX DesignBitcoin CounselStartup Advisor
Snr Software DevTruly FullstackexESPNexNBC Universal
The MarketThe Cannabis Industry’s growth is outpacing Smartphones
The OpportunityCurrently
$10B US-MarketLESS THAN 10%
ITS ACTUAL SIZE
Other platforms limit company types to dispensaries and delivery services
Most small biz cant advertise on conventional platformsother options are
expensive!
PositioningFirst Mover
Scalable & Cross Platform
Low Costs addresses customer need
The Product
Consumer Desires
Vendor Desires
The Technology
An easy-to-adopt platform that satisfies customers and vendors
-Where to discover new products-Pay Easily Online-Share product pics socially
-Where to discover companies-To Advertise their cannabiz-Collect Payments Easily Online
-No card info stored on devices-Multi-device availability-Discover businesses via recommendations-Encrypted data sent via Wifi or 4G to backend servers
Value To CustomerThe Simplest & Most Compelling Way To Advertise & Discover Canna-businesses
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Benefits
Costs
Ease of Use
Saves money & timeAccessible across multiple devices
Reach New Customers in a Targeted Niche
Free to searchPaid Advertising subscriptions
starting at $50/mo to fit your businesses needs
Discover what youneed
in just a few clicks
Existing Advertising
Requires training and/or
hiring a consultant to be effective
Enterprise modelsstart at $300-1000/mo
PPC = $per clickTV is Mega$$
& Minimal airtime
Broader reachFamiliar to corporates
iNeed Treez
Customer AcquisitionThrough wide exposure, iNeedTreez targets anyone interested in cannabis
Target Customers
Selling Points Advertisement User Acquisition
-Small businesses, individual workers, individuals selling goods
-Market: Any company w/ products and/or services
-iNeedTreez’ Costs: Gaining customer awareness + scaling + backend dev
-Social Media + LinkedIn & online advertising-Industry mags/blogs w/max exposure/min cost
-Any cannabiz can use it-More usability-Less Fees-Adaptable across multipledevices
-highly targeted databaseleads-Social lead generation-PPC campaigns
Competitors & Defensibility
We can, it can’t It can, we can’t
WeedMapsMore usability, Less fees,
Inclusive of the entire range of cannabis businesses
Leafly
We help you discover new companies, not just strains
and not limited to dispensaries
be an encyclopedia that defines plant strains linked to dispensary
menus. Raise $50M throughits holding company
THCfinderAdvised by exPaypal, Barclays /Techstars
mentors and finance pros
Provide Reviews, blog and view definitions of
strains
Give coupons, a 420 clock, perform acquisitions ($30M
revenue), advertise in Times Square
Its established presence and niche market give iNeedTreez a competitive edge
Financial Model/Projections
0
100
200
300
400
2014 2015 2016 2017Subscriptions Payments
iNeedTreez will be a lucrative investment even w/ conservative projections
Year 1 Year 2 Year 3 Year 4# of Paid Subscriptions 5k 20k 60k 150k
# of Accounts 25k 100k 300k 1MSales of PaidSubscriptions $5.2M $20.8M $60M $150MPayments Processing 0 0 $100M $200M
Develop strategic partnerships with
Cannabis businesses
Begin marketing of Payments
system
Develop celebrity endorsements
furtherFinancing Round Series A Series B
*All projections account for monthly churn*
Business Model Canvas
Partnerships
Present Future
Cannabis Oil Producers & Growers
Hydroponics Manufacturers
Why Invest Now
High Potential for GrowthNeed For Investment
Additional resourcesneeded to maintain first mover advantage
Competitive pressuresincreasing as legalization moves forward
Expected spend in advertising, user acquisition and secure API development
Potential for growth will allow new investors to see an outsized return
Customer adoption will scale up exponentially
The key to success will be locking in loyal customer base and partnerships early
Financial Assumptions
Growth Assumptions
Valuation Assumptions
SourcesTechCrunch, Pehub, Dealbook, Crunchbase, VentureBeat
-Valued at 1M Pre-money valuation-Valuation will increase after first $100k monthly revenue
-Expected to process 5,000 paid accounts in the first year-Around 1200 businesses for 4 different search categories-over 200,000 Sales Leads provided from top databases-Payments/ecommerce won’t begin in the first year
Concerns & Responses
Credits Card processing won’t be coming anytime soon
There’s too much money involved. Banking has started and cc processing will follow
Competitors will leverage ability to provide the service at lower prices
And slash revenue by 60%? Besides that, iNeedTreez has a different Target Audience.
Your competitors have moreuser base and traction already from the past 2-3 years!
Are you sure? Check AngelListaccounts of us all and then..have a look at Twitter ;)
No defining industry standard
Flexibility of the industry promotes innovation, iNeedTreez wants to be that standard