iNeedTreez Cannabis Startup Pitch Deck

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Quintin Adamis | Chris Conrad | Brian Kruse | Yen Fu | Rainer Dechet iNeedTreez The Simplest Way To Advertise & Discover Cannabis Businesses

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Transcript of iNeedTreez Cannabis Startup Pitch Deck

Page 1: iNeedTreez Cannabis Startup Pitch Deck

Quintin Adamis | Chris Conrad | Brian Kruse | Yen Fu | Rainer Dechet

iNeedTreezThe Simplest Way To Advertise & Discover Cannabis Businesses

Page 2: iNeedTreez Cannabis Startup Pitch Deck

The iNeedTreez PropositionStart Advertising in minutes.

Simple Pricing starting at $40/mow/ packages to increase your SEO

eCommerceBuy, Sell, Pay & Collect Payments

(once banking regulations solidify)

The simplest way to advertise &discover cannabis businesses

Adaptable to multiple devices

Huge Marketopportunityin cannabis

ecom/payments

High future valuation & ROIpotential evenw/ later stage

investment

Defensible business

andstrong

executionstrategy

Solid businessmodel w/ high

revenue generatingpotential

Experienced Managementw/ inspiring

advisory board

Page 3: iNeedTreez Cannabis Startup Pitch Deck

Management Team

Key Advisors

A Combination of Expertise and extended Networks w/ skin in the game

Brian Kruse Yen Fu Rainer DechetexPaypalDatabaseUSAAttorneyDispensary owner

TechStars MentorPayments ExpertiseIP AttorneySeasoned Investor

MentorFinance guyStartup Composer

Quintin AdamisCEOUX DesignStartup MentorEccentric (crazy)

TeamChris ConradCMOMBA StudentSales ManagementDJ

Marcell ScarlettVictor CazacuSnr iOS DevUX DesignBitcoin CounselStartup Advisor

Snr Software DevTruly FullstackexESPNexNBC Universal

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The MarketThe Cannabis Industry’s growth is outpacing Smartphones

The OpportunityCurrently

$10B US-MarketLESS THAN 10%

ITS ACTUAL SIZE

Other platforms limit company types to dispensaries and delivery services

Most small biz cant advertise on conventional platformsother options are

expensive!

PositioningFirst Mover

Scalable & Cross Platform

Low Costs addresses customer need

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The Product

Consumer Desires

Vendor Desires

The Technology

An easy-to-adopt platform that satisfies customers and vendors

-Where to discover new products-Pay Easily Online-Share product pics socially

-Where to discover companies-To Advertise their cannabiz-Collect Payments Easily Online

-No card info stored on devices-Multi-device availability-Discover businesses via recommendations-Encrypted data sent via Wifi or 4G to backend servers

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Value To CustomerThe Simplest & Most Compelling Way To Advertise & Discover Canna-businesses

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Benefits

Costs

Ease of Use

Saves money & timeAccessible across multiple devices

Reach New Customers in a Targeted Niche

Free to searchPaid Advertising subscriptions

starting at $50/mo to fit your businesses needs

Discover what youneed

in just a few clicks

Existing Advertising

Requires training and/or

hiring a consultant to be effective

Enterprise modelsstart at $300-1000/mo

PPC = $per clickTV is Mega$$

& Minimal airtime

Broader reachFamiliar to corporates

iNeed Treez

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Customer AcquisitionThrough wide exposure, iNeedTreez targets anyone interested in cannabis

Target Customers

Selling Points Advertisement User Acquisition

-Small businesses, individual workers, individuals selling goods

-Market: Any company w/ products and/or services

-iNeedTreez’ Costs: Gaining customer awareness + scaling + backend dev

-Social Media + LinkedIn & online advertising-Industry mags/blogs w/max exposure/min cost

-Any cannabiz can use it-More usability-Less Fees-Adaptable across multipledevices

-highly targeted databaseleads-Social lead generation-PPC campaigns

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Competitors & Defensibility

We can, it can’t It can, we can’t

WeedMapsMore usability, Less fees,

Inclusive of the entire range of cannabis businesses

Leafly

We help you discover new companies, not just strains

and not limited to dispensaries

be an encyclopedia that defines plant strains linked to dispensary

menus. Raise $50M throughits holding company

THCfinderAdvised by exPaypal, Barclays /Techstars

mentors and finance pros

Provide Reviews, blog and view definitions of

strains

Give coupons, a 420 clock, perform acquisitions ($30M

revenue), advertise in Times Square

Its established presence and niche market give iNeedTreez a competitive edge

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Financial Model/Projections

0

100

200

300

400

2014 2015 2016 2017Subscriptions Payments

iNeedTreez will be a lucrative investment even w/ conservative projections

Year 1 Year 2 Year 3 Year 4# of Paid Subscriptions 5k 20k 60k 150k

# of Accounts 25k 100k 300k 1MSales of PaidSubscriptions $5.2M $20.8M $60M $150MPayments Processing 0 0 $100M $200M

Develop strategic partnerships with

Cannabis businesses

Begin marketing of Payments

system

Develop celebrity endorsements

furtherFinancing Round Series A Series B

*All projections account for monthly churn*

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Business Model Canvas

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Partnerships

Present Future

Cannabis Oil Producers & Growers

Hydroponics Manufacturers

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Why Invest Now

High Potential for GrowthNeed For Investment

Additional resourcesneeded to maintain first mover advantage

Competitive pressuresincreasing as legalization moves forward

Expected spend in advertising, user acquisition and secure API development

Potential for growth will allow new investors to see an outsized return

Customer adoption will scale up exponentially

The key to success will be locking in loyal customer base and partnerships early

Page 13: iNeedTreez Cannabis Startup Pitch Deck

Financial Assumptions

Growth Assumptions

Valuation Assumptions

SourcesTechCrunch, Pehub, Dealbook, Crunchbase, VentureBeat

-Valued at 1M Pre-money valuation-Valuation will increase after first $100k monthly revenue

-Expected to process 5,000 paid accounts in the first year-Around 1200 businesses for 4 different search categories-over 200,000 Sales Leads provided from top databases-Payments/ecommerce won’t begin in the first year

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Concerns & Responses

Credits Card processing won’t be coming anytime soon

There’s too much money involved. Banking has started and cc processing will follow

Competitors will leverage ability to provide the service at lower prices

And slash revenue by 60%? Besides that, iNeedTreez has a different Target Audience.

Your competitors have moreuser base and traction already from the past 2-3 years!

Are you sure? Check AngelListaccounts of us all and then..have a look at Twitter ;)

No defining industry standard

Flexibility of the industry promotes innovation, iNeedTreez wants to be that standard