GreenSTOP

 Company Overview

Business Description: GreenSTOP is a hardware/software company that provides automation solutions to cannabis retailers.

Market Opportunity: The global cannabis market is projected to be 34.5 billion this year and 58 billion dollars by 2028 according to Forbes. High operating cost of cannabis retail stores makes GreenSTOP’s efficient platform a favorite for disrupting the space.

Product Description: Our initial Smart Dispensary platform boosted cannabis dispensaries’ bottom lines by 5% with partial automation. Now, with our fully automated dispensaries, we anticipate saving them 15%.

Market Traction: Successful beta tests have paved the way for us in our partially automated dispensary division. Our new contracts for the world’s first fully automated cannabis dispensary stores begins a new dispensary model. We will open our first fully automated dispensary this September 2024 in Los Angeles, CA.

Impact and Sustainability: GreenSTOP is transforming dispensaries and cannabis consumption, providing a superior experience for customers and significant savings for owners. We empower customers and offer savings to cannabis retail owners.

Co-Founders: Timothy Island and James Edwards are Co-CEOs and inventors of the MISM platform. They both have strong backgrounds in business throughout the retail space. They

are innovators with 10 years of experience in technology development.

Year Founded: 2015

Number of Employees: 5 FTEs + 6 consultants

Funding Stage: $2M Angel Round

Use of Funds: (i) to manufacture and produce 40 new machines; Deploy 39 new partially automated and fully automated locations in the market (ii) to continue develop of management software, consumer mobile applications and part of the Merchant Client System; (iii) to fund our build-out²we plan to build our footprint in the market by partnering up with established retailers for partially automated locations, new licensees partners for fully automated new retail locations and distributors to reach our target addressable market; and (iv) for working capital and general corporate purposes for a period of two years.

Website: www.greenstop.us