Photo - Potamole™
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Potamole™

Marijuana Mainstreaming

USA, Oregon
Market: Food industry, Another
Stage of the project: Idea or something is already done

Date of last change: 10.03.2020
Min investment
$  25.000
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Total required
$ 500.000
Rating
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Idea

A mainstream cannabis product that has national merit for recreational consumables just like Frito-Lay. (i.e. grocery stores and legal cannabis dispensaries)

Current Status

Idea stage: Recipes prepared. Suppliers prepared. Website, Trademarks, Marketing, Patents established or in process. Business plan prepared. Initial growth/marketing plan mapped out and market identified.

Still need legal testing and distribution developement.

Market

Consumer foods.

Problem or Opportunity

Marijuana is legal in most states.

Yet, it does not enjoy the widespread acceptance and use that the alcohol market does;

***This is because the delivery and use is limited to the former idea of cannabis use and the traditional means of illegal secretive delivery.***

We are going to tap the yet untapped potential of mainstream marijuana!

We are going to make cannabis like alcohol in it's delivery and use.

Solution (product or service)

We are going to make cannabis as mainstream as Budweiser; By establishing a national brand of Guacamole, Chips, Etc that is a household name and can be sold in the super market as well as the dispensary.

Competitors

Traditional grocery store snacks and Alcohol.

Advantages or differentiators

A Le Cordon Bleu trained Chef with amazing recipes and likability as well as the previous owner of a food brand that sold a million units (locally). Personality plus!

Finance

Founder funded.

Business model

Sell through legal dispensaries through B2B sales, market through millennial means, and then expand into traditional grocery stores like Safeway and Krogers.

Money will be spent on

Development of markets through outside sales to legal dispensary.
Development of product recipes and branding.
Marketing.

Offer for investor

10% of company for a 10x return within 10 years of sales or an exit to Frito-Lay.

Team or Management

Risks

Legal and illegal. We have to mind our p's and q's with the law as we avoid the underworld.

Incubation/Acceleration programs accomplishment

1) Startups 2020, NYC
2) Starveups, Oregon

Won the competition and other awards

None to date.
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video