CannaKorp Draws on the Keurig Playbook as it Develops Novel Cannabis Vaporizer

cannakorp-cannacloud-cannacupsCannaKorp’s Chairman, Dave Manly, a former Keurig executive who joined in the early days of the company and retired in late 2015 to focus on the cannabis vaporizer developer, understands the business model the company is pursuing.  Just like Keurig, the company intends to deliver a consistent quality experience to its consumers.  CannaKorp will manufacture and distribute its CannaCloud vaporizer and will license its technology to cannabis growers who will, in turn, sell the CannaCups, similar to how Keuring pursues the opportunity in coffee.

Manly is not only intimately familiar with Keurig, but he has brought along some former executives like CTO Ian Tinkler and used the same design firm Keurig employed to develop the CannaCloud. Manly, who was serving as a consultant initially, joined as Chairman to aid in the fundraising efforts.

We’re licensing our technology, and we’re never going to touch marijuana ourselves. So there’s much less risk to investors.


Dave Manly, CannaKorp Chairman

The company expects to make initial sales in November in Colorado and Washington and expanding to additional states in 2017.

Read Jeremy Berke’s “A former Keurig executive explained why he left to work at the ‘Keurig of Cannabis'”:

Published by NCV Newswire
NCV Newswire
The NCV Newswire by New Cannabis Ventures aims to curate high quality content and information about leading cannabis companies to help our readers filter out the noise and to stay on top of the most important cannabis business news. The NCV Newswire is hand-curated by an editor and not automated in anyway. Have a confidential news tip? Get in touch.

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