Heem Delivery – Elevator Pitch
1. Purpose – Deliver THC gifts to local DC residents and select Northern Virginia cities from the I71 stores in Washington DC via 1099(door-dash style) delivery drivers.
2. Market Size - The global legal marijuana market size was valued at USD 9.1 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 26.7% from 2021 to 2028.
3. Market Growth - As per the report, the market size was USD 10.60 billion in 2018 and is projected to reach USD 97.35 billion by 2026, exhibiting a CAGR of 32.92% during the forecast period
4. Revenue Production – Business will make money by profiting from each order on the mobile application and monthly commission for 35% of sales for each I71 store on the platform.
5. Traction – C Corp has been created in Washington DC. 10,000,000 shares of common stock have been created. The domain name for heemdelivery.com is owned via Zen Business. Board of directors is currently assigned.
6. Background Story – Founder, Craig Wilkins who is a Washington, DC native got tired of dealing with the pop-up system to purchase recreational marijuana. Social media is the primary method of finding THC gifts (marijuana) in Washington, DC and dc 420 website is another resource. By adding all the stores on a mobile application allowing locals and tourist to use debit cards, make the transaction, secure, trustworthy and convenient. By having drivers deliver door dash style, it puts extra money into local economy for the stores, drivers, the business and this will benefit the customer’s experience.
Prototype of Application is completed done in Adobe XD format. Video footage of the prototype in use is available. Complete PowerPoint investor deck providing complete overview of the business.
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