Expertly designed to compete in the largest cannabis market in the entire world.
New Jersey has a growing cannabis market.
Greg von Richter has a history in large scale company management and directs operations and chooses markets.
Steven Kado has built and run several highly successful cultivation facilities and directs how Brightsmith projects are built.
Our in house professionals are top of the line, respected experts in their field.
Tony Wickowski was chosen by Kado to direct cultivation in finished facilities based on his outstanding results at prior large scale grows.
Victoria DeMarco has run marketing in the cannabis industry for years, and creates brands with a high profile finish.
This two story building has 23,700 sq ft of cultivation space with standardized room designes to optimize uniformity and workflow.
It also will feature a state-of-the-art computerized fertigation system that will track nutrient levels of all plants for a healthy harvest every time.
The New Jersey facility is expected to produce 15,600lbs of cannabis to be sold both retail and wholesale. Retail will sell under the existing brand at roughly $3,800 per pound.
First year revenue is estimated at $15.9mm, increasing with the first full harvest in the second year to $32.7mm.
Our price per pound will increase over time as the facility transitions to retail. We will partner with established, high performing brands and increase their marketing efforts with our own, in-house experts. This will allow us to have increasing profits even as average cannabis prices fall.