Cannabizdaily speaks with Green Tank Technologies whom raised 4.3M from Snoop Dogg
Hey Guys, seems like an ago things were just starting for green tank year Technologies. just How did the whole concept come about?
Dustin: several summers ago, I became within my friend’s wedding that is best in Aspen, Colorado and we noticed the majority of the guests had been vaping from the party flooring. Once I took a better appearance, we noticed that the vape equipment these people were utilizing had not been designed for cannabis natural oils, these were created for the e-cigarette industry. wemmediately I made a decision to attempt an objective to produce advanced vaporization solutions created specifically for the cannabis industry that will deliver the ultimate end-user experience.
Cannabis is commonly accepted in Canada, by what seems to be a flexible medical market. Any pre-regulation deals or could it be all export?
Corey: during the minute, a majority of our company is in america. We also provide customers in European countries, south usa and Israel. The good component about our room is we’re from the ancillary region of the industry and therefore are not bound by any laws. We could deliver our devices globally. With regards to Canada, we now have finalized supply agreements with many of this top certified manufacturers in expectation regarding the leisure market.
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Exactly exactly What separates Green Tank Technologies from the competition?
Dustin: the largest differentiating factors are quality and persistence, which ultimately resulted in most readily useful feasible end-user experience. We just take great pride within our procurement process, supply chain management and QA/QC procedures, to ensure our customers are going into the market utilizing the absolute best vape equipment to assist them to split their brands from their rivals. You can expect completely customizable solutions and the capacity to make hardware to our client’s specs, all while keeping our state-of-the-art technology within each unit. This unique approach is exactly exactly what Green Tank is focused on.
People seem to think vapes are extremely simple products but it appears quite the contrary, provide us with some insight into the backdrop of vape research and R&D?
Corey: a misconception that is common it comes down to vapes when you look at the cannabis industry (particularly oil), is the fact that there was a one-size fits-all solution, that is the furthest thing through the truth. Before we launch a product that is new line for the clients, we invest many months dealing with them to check their natural oils and develop products to complement their oil pages. Every customerhas viscosity that is different also it’s our job to make sure we offer a solution that satisfies their demands.
You might be working straight with manufacturers in China, maybe you have faced any challenges here www.diamondcbd.org?
Dustin: you will find constantly challenges using the services of Asia, but we now have a really unique relationship with our manufacturing partners, since they areinvestors in our company and highly committed to the success and growth of Green Tank. We fork out a lot of the time in Asia to guarantee the process that is entire running well, through the procurement procedure all the way through last assembly. It’s a really collaborative approach as we combine our understanding ofthe cannabis product and industry design work, making use of their advanced production capabilities.
With 4.3 million bucks from a few really advanced level investors exactly what would be the plans for Green Tank and expansion?
Corey: Our focus is on product research and development, innovation and launching brand new vape solutions which can be an initial of their type. The $4.3M seed round has allowed us to employ the utmost effective individuals within our industry and work with world-class commercial design businesses in order to do this goal. Outside of product R&D, our company is expanding our existence in the usa. We Just opened an working workplace in California and want to perform some same in certain of one other recreational areas.
Entrepreneurship is in your bloodstream, just how did this shape your life?
Dustin: i do believe originating from family of business owners has always inspired Corey and I also to imagine outside of the field with regards to business. We now have been luckily enough to own some mentors that are great our life that people have had the opportunity to lean on and guide us as you go along.
Additionally it is quite interesting that you have got a networking platform WeCannect that has been also co-funded beneath the exact same umbrella. How can you look at platform employed in parallel with your current vape company?
Corey: WeCannect premiered with one objective in your mind, to create an internet Meeting place for all continuing companies when you look at the cannabis industry. The working platform permits companies to showcase their brand name and community with others when you look at the industry. The concept was created straight from the challenges that are early faced with Green Tank even as we attempted to navigate our method via a cannabis industry with its infancy and filled with strict marketing regulations.
Would you intend to endeavor in to the CBD market, together with your technology?
Dustin: That’s actually up to our clients, nevertheless we now have create a products created especially for CBD oils which will be currently used in certain markets.
With upcoming legislation changes in Canada, just how will this influence your company?
Corey: we’ve been working extremely closely with a few for the largest certified manufacturers in Canada in front of legalization to build up their recreational vape brands. The federal government has stated vapes is going to be introduced in the first year of legalization, that will needless to say have actually an extremely good influence on our company and our growth.
Five plan for Green tank, what does the landscape look like year?
Dustin: Innovation, Innovation, Innovation, this is how Green Tank will stay a market leader within our room. Once we continue steadily to introduce vape equipment this is certainly in the forefront regarding the industry, our company is confident our company will develop naturally and expand globally as brand brand new cannabis areas open throughout the world.