Cannabizdaily speaks with Green Tank Technologies whom raised 4.3M from Snoop Dogg
Hey men, seems like an ago things were just starting for green tank year Technologies. just How did the whole concept come about?
Dustin: a couple of summers ago, I happened to be within my friend’s wedding that is best in Aspen, Colorado and I noticed almost all of the visitors were vaping regarding the party floor. Once I took a better appearance, we discovered that the vape equipment these people were using had not been intended for cannabis natural oils, they certainly were created for the e-cigarette industry. Immediately I made the decision to attempt an objective to produce advanced level vaporization solutions designed especially 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 deals that are pre-regulation could it be all export?
Corey: during the moment, a lot of our company is in the usa. We likewise have clients in European countries, south usa and Israel. The part that is nice our room is we have been regarding the ancillary region of the industry and so are not bound by any laws. We could deliver our products globally. With respect to Canada, we now have finalized supply agreements with several regarding the licensed that is top manufacturers in expectation of this leisure market.
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Exactly What separates Green Tank Technologies through the competition?
Dustin: the largest differentiating factors are quality and persistence, which finally induce the best feasible end-user experience. We take great pride within our procurement procedure, supply string management and QA/QC procedures, to make sure that our consumers are going into the market with all the absolute best vape equipment to assist them to separate their brands from their rivals. We provide completely solutions that are customizable the capability to make equipment to our client’s specifications, all while keeping our state-of-the-art technology within each unit. This unique approach is just what Green Tank is focused on.
A lot of people seem to think vapes are extremely easy products but it appears quite the contrary, provide us with some understanding of the backdrop of vape research and R&D?
Corey: a typical myth when it comes down to vapes within the cannabis industry (specifically oil), is the fact that there clearly was a one-size fits-all solution, which will be the furthest thing from the truth. Before we launch a product that is new line for our customers, we invest almost a year dealing with them to try their natural oils and develop devices to suit their oil pages. Every clienthas viscosity that is different also it’s our job to be sure we offer a solution that meets their demands.
You might be working straight with manufacturers in China, perhaps you have faced any challenges right here?
Dustin: you will find constantly challenges using Asia, nevertheless 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 operating smoothly, through the procurement procedure all the way through last construction. It’s a really approach that is collaborative we combine our understanding ofthe cannabis product and industry design work, along with their advanced production capabilities.
With 4.3 million dollars from a few really level that is high what would be the plans for Green Tank and expansion?
Corey: Our focus is on item development and research, innovation and presenting brand new vape solutions which can be a primary of their type. The $4.3M seed round has permitted us to hire the top individuals within our industry and work with world-class design that is industrial in purchase to do this objective. Away from product R&D, our company is expanding our presence in america. We Just opened an working workplace in California and want to perform some exact same in a few of one other recreational markets.
Entrepreneurship is with in your bloodstream, how did this shape your everyday lives?
Dustin: i believe originating from category of business owners has always motivated Corey and I also to imagine away from field with regards to company. We now have been luckily enough to own some great mentors in our life that individuals have had the opportunity to lean on and guide us on the way.
Additionally, it is quite interesting that you have got a networking platform WeCannect that has been also co-funded beneath the same umbrella. How will you look at platform doing work in parallel with your vape that is current company?
Corey: WeCannect premiered with one goal in your mind, to create an internet meeting place for all organizations within the cannabis industry. The working platform Allows companies to showcase their network and brand with other people within the industry. The concept came to be straight out from the challenges that are early faced with Green Tank once we attempted to navigate our means by way of a cannabis industry in its infancy and packed with strict advertising laws.
Would you intend to endeavor in to the CBD market, together with your technology?
Dustin: That’s actually as much as our customers, nevertheless we now have developed a products designed designed for CBD oils which can be currently getting used in certain areas.
With upcoming legislation changes in Canada, how will this influence your company?
Corey: we’ve been working extremely closely with a few associated with biggest certified manufacturers in Canada ahead of legalization to build up their leisure vape brands. The federal government has said vapes will soon be introduced in the first year of legalization, that may needless to http://cbdoilworld.org/ say have a tremendously good influence on our company and our development.
Five year arrange for Green tank, what does the landscape appear to be?
Dustin: Innovation, Innovation, Innovation, this is the way Green Tank will stay a market frontrunner inside our area. Once we continue to introduce vape equipment this is certainly during the forefront of this industry, we have been confident our company will grow naturally and expand globally as brand new cannabis areas open around the globe.