MaryGen nurseries Inc will be an innovative and creative addition to the global cannabis industry.
We met with growers across Canada to let them tell us what their pain points in the industry are, the first pain point is cost and shipping, shipping of clones is 50% of the cost due to the delicate nature of shipping a living plant in a seedling stage that is very temperature and environmentally sensitive. The second is Disease, during 2020 in the cannabis industry disease affected $4 billion in cannabis crops in North America. The third is space, commercial producers are forced to give up production space to maintain their mother plants and clones or import them.
The solution to their problems is MaryGen Nurseries
we became the solution by cutting the costs of importing clones for growers by designing and building our nursery model within the grower's region and making it easy for us to clone the business and replicate it in other cannabis markets globally.
This also allows us to provide clean disease-free starting material at a competitive price, our lab will be able to clean old and tired genetics bringing them back to life for our clients while testing and storing different genetics for later use.
Providing healthy guaranteed clean clones to growers allows them to focus on growing and maximizing their production while we grow the mother plants and produce the clones.
How we make this vision go and scale up quickly is by providing cannabis clones at a sliding price scale depending on the target market and volume, the larger Licensed producers average 14 dollars a clone in comparison to the home growers at 40 dollars per clone.
Clones make up 85% of our revenue with an average profit of 75% per clone.
Our lab services are tailored to meet the needs of the growers and take the headaches out of their facilities by testing, storing, and bringing back to life crops that they and their customers love
As we move into different global markets, we will be offering consultation to new cultivators helping them to solve pain points early while building the relationship that will lead to them buying their starting material from us. We see every revenue stream as a marketing opportunity.
Our target market is Larger Licenced producers who make up a quarter of the commercial growers but produce 50% of the cannabis in the Canadian market.
The Micro cultivators make up 3/4 of the market and produce the other 50% then there is the medicinal grower and home growers which make up an average of 6 % of all Canadians. . we will continue to target the entire market as we scale up to meet the estimated 46% growth per year of the cannabis industry globally with no expectation of slowing down.
By meeting with growers to help us build our business model we can do all the important steps needed in the industry that our competitors are not doing. Our model is based on the best customer service and services. This also presents the opportunity to be the first to market in Manitoba for a cannabis nursery.
The real advantage that sets us apart and above our competitors and mitigates copycats of our model is our Genetics, and our team.
Our starting genetics have won international cannabis awards, they will all be bred in-house giving us exclusivity for top quality cannabis clones while we continue to create more strains and exclusive genetic lines. We have one of if not the best cannabis legacy breeder in North America leading that department.
And our team
Our team is comprised of a combined 60 years of indoor growing and hydroponics. I come from the vertical indoor farming industry, Anthony and Chris bring their talent and passion from the medicinal legacy growers world. At MaryGen we are all about having the best people in the best positions to produce a product that helps growers grow better plants.
To date, we have acquired over 500,000 dollars in pre-orders for clones while building a strategic partnership with consult and grow in Montreal to guarantee our license and help us open distribution to over 70+ growers through Quebec and easter Canada. For our breeding of new genetics, we have engaged with a 3 time Winner of the Remo cannabis cub sacred cut seed co for exclusivity on their genetics.
We are moving forward on the plan to take our foothold in the Manitoba and western Ontario markets and use it to aggressively scale up and build nurseries in Quebec to service eastern Canada. By year 4 we will be opening nurseries in the European Union and each US state as they independently legalize.
Now there are no yellow pages for cannabis cultivators, all our networking and marketing needs will be through the industry or online channels. That’s an advantage of being from Manitoba, this province runs on knowing someone who knows someone so we get an early lesson.
Year over year we plan to double our growth while bringing more growers into the MaryGen family globally, we do this by reinvesting a healthy net income back into the company allowing us to grow quickly and spread globally.
What we are looking for is an investment of two million dollars for 33% of the company. This investment will fund the facility build-out here in Manitoba allowing us to take the first step in our vision of MaryGen becoming the international name in cannabis clones and genetics.
This is a very exciting and rare opportunity to be the first to market in a region for cannabis. I don't even think you can use those words almost anywhere in Canada. We look forward to you joining us on this great adventure and opportunity as we grow and expand until MaryGen is the name on every grower's lips globally.