Hiku Brands (Formerly DOJA Cannabis Co.) (CSE: HIKU) (OTC: DJACF) - Investor Dashboard


➔ Hiku Brands
CSE Ticker: HIKU
OTC Ticker: DJACF
Sector: Healthcare
Industry: Legal Cannabis
Country: Canada
Employees: 10
Established: 2012
CEO: Alan Gertner

Summary

Fiscal Year-End: December
License Renewal Month: June 2020
Licenses: 1
Vault:  Level 7 – 650 kg
Number of Patients:  N/A
Headquarters: Toronto

Financials (9/30/17)

Cash on hand: $4.0mm
Fixed Investment: $2.5mm
Shareholders’ Equity: $6.2mm
Revenues – Last Quarter: $0
Adj. Gross Margin : NA
EPS : -$0.09

Capital Structure (01/30/18)

Last Financing: $12.5mm units
Basic Shares: 130.3mm
Warrants: 23.4mm
Options: 12.7mm
Diluted Shares: 174.0mm

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Company Brief

Hiku is Canada’s first retail brand-focused licensed cannabis producer. Fully vertically integrated operations positions Hiku for superior margins in Canadian adult-use recreational market. Hiku is differentiated as the only Canadian craft cannabis producer with a significant national retail footprint and a growing portfolio of premium cannabis lifestyle brands – DOJA, Tokyo Smoke and Van der Pop.

Hiku’s wholly owned subsidiary, DOJA Cannabis Ltd., is a federally licensed producer pursuant to the ACMPR, owning two production facilities in the heart of British Columbia’s Okanagan Valley. The company operates a network of retail stores selling coffee, clothing and curated accessories, across British Columbia, Alberta and Ontario.

A Premium Cannabis Brand House


Highlights

  • Founded by proven brand builders
  • Creating lifestyle brand ahead of cannabis legalization
  • Okanagan Valley location
  • Handcrafted strains

Growth Strategy

  • Building a premier cannabis brand portfolio
  • A strategic financing of $12.5 million led by Aphria
  • Secure supply agreements: currently partnered with Aphria and WeedMD
  • Retail expansion allowing for legal cannabis dispensing stores
  • Expand 7,100 sq. ft. DOJA facility to allow annual production >5000 kg by end of 2018

Differentiators

  • Lifestyle brands and craft-first focus
  • Proven management team, with long history of working together

Growing Portfolio of Leading Cannabis Brands
Connecting to key consumer segments

Active, wellness focused west coasters. Over-index on cannabis consumption and set trends for rest of country.

Design-minded creatives and urban professionals. Centered in metropolitan areas with higher than average disposable incomes.

Women aged 25 to 60 interested in self-care. The fastest growing segment of recreational cannabis consumers.


Experiential Retail
Stores are billboards for our brands; two retail models means scalability in all markets

Proven concept with track record of new store openings and top-line revenue growth. Vertical integration allows Hiku to better control the in-store customer experience with consistent quality and exclusive product range, enabling higher margins.


Craft cannabis production & supply agreements to scale brands

Owned facilities producing premium craft cannabis with additional secured supply of quality flower and concentrates.


Industry Leading Team

lan Gertner, CEO
Google, Strategy & Sales
Oliver Wyman, Consultant
HBA, Richard Ivey School of Business

Trent Kitsch, President
SAXX Underwear, Co-founder
Kitsch Wines, Co-founder
MBA, Richard Ivey School of Business

Jeff Barber
Canaccord Genuity, Investment Banker
Raymond James, Investment Banker
Masters in Finance and Economics, University of Alberta; CFA Charterholder

Ryan Foreman
Native Footwear, Director of Ecomm
NoLimits Group, Director of Ecomm
Business Management, Douglas College
Award of Achievement in Analytics Program, UBC

Ria Kitsch
SAXX Underwear, Head of Marketing WaterPlay Solutions, Territory Manager Kitsch Wines, Co-founder
Business Honors, UBC

Brian Polsinello
Bain & Company, Consultant UBS, Investment Banker
MBA, Harvard Business School HBA, Richard Ivey School of Business

Berkeley Poole
Barneys New York, Art Director Laird + Partners, Art Director
V Magazine, Designer
MTV / Much, Motion Designer

Felicia Snyder
Samsung, Marketing Strategy & Business Development
Google, Strategy & Operations Oliver Wyman, Consultant MBA, The Wharton School


Curated Stories & News


Visit HIKU Brands
at www.hiku.com

New Cannabis Ventures in partnership with due diligence platform 420Investor, is the definitive source for fact-based, data-driven, financial information and relevant company news for qualified publicly traded cannabis companies. NCV extracts and parses only the most important content. Information is provided “as is” and solely for informational purposes, not for trading or advice. HIKU Brands, formerly DOJA Cannabis Company Ltd., is a client of NCV Media, LLC. Read our full disclaimer.