# Holistic Industries

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/holistic-industries

- Industry: Healthcare
- Headquarters: US
- Website: www.holisticindustries.com
- Total disclosed funding: $14M
- Latest round: Series A (May 21, 2019)
- Investors on record: 2

## About

Holistic Industries Inc., based in the US, specializes in the cultivation and retailing of cannabis products designed for both medical and recreational consumers, offering a unique range of strains and products.Founded in 2011 by Josh Genderson, Holistic Industries Inc. operates primarily in the US cannabis sector, focusing on cultivating quality cannabis products for diverse consumer needs. Their headquarters is located in the United States. The company has conducted a total of 3 funding deals, with the most recent deal occurring on March 29, 2021. On this date, Holistic Industries raised USD 38.00 mn in a VENTURE DEBT funding round led by Altmore Capital, contributing to a total amount raised of USD 13.80 mn. The company's CEO is Analizbeth Sanchez.Holistic Industries, active in the cannabis market since 2011, offers a variety of cannabis products tailored for both medical and recreational users. Their product range includes cannabis strains and items under brands like Strane, Garcia Hand Picked, and Hellavated. The company operates multiple dispensaries across California, Michigan, Maryland, Massachusetts, Pennsylvania, and the District of Columbia, ensuring wide accessibility. Each product is crafted through expert cultivation practices, emphasizing sustainability and quality to serve adult consumers aged 21 and older as well as medical patients.Holistic Industries generates revenue mainly through retail sales of cannabis products across its dispensaries, complemented by partnerships with licensed retailers. The sales model includes direct transactions with consumers for a variety of products such as flower, edibles, and concentrates. Customers can purchase in-store or opt for online orders with in-store pickup or delivery, enhancing convenience. The revenue model may include loyalty programs and promotions to encourage repeat business, fostering a steady customer base for their branded products.In March 2021, Holistic Industries Inc. secured USD 38.00 mn in VENTURE DEBT funding to facilitate growth and internal expansion. The company plans to design and launch new cannabis products to enhance its offerings. Additionally, Holistic aims to expand its presence into new geographic markets, targeting specific areas for increased accessibility and customer reach. The new funding will be instrumental in supporting these strategic initiatives, allowing Holistic Industries to strengthen its market position.

## Funding rounds

- Series A, May 21, 2019, $14M — Entourage Effect Capital, Bengal Capital

## Investors

- Entourage Effect Capital (https://capitalatlas.ai/funds/entourage-effect-capital) — Series A
- Bengal Capital (https://capitalatlas.ai/funds/bengal-capital) — Series A