Green Growth Brands
Rapidly Growing Cannabis Retail Company
The founding partners behind Green Growth Brands (GGB) have created some of the best consumer brands in the world. The Schottenstein family has led America’s largest retailers such as America Eagle, Designer Shoe Warehouse, and Value City Furniture. Through a number of strategic acquisitions, Green Growth Brands’ mission is to become the leader in Cannabis retailing. The company has already developed a strong portfolio of cannabis brands who are active in the industry today such as CAMP, Meri+Jayne, Green Lily, The Apothecary, 7th Sense, and Xanthic Biopharma. GGB is built on a foundation of retail industry experts which support two business segments of cannabis retail and CBD consumer products.
The Schottenstein family has led some of America’s largest retailers
With a strong track record of creating industry leading brands that have performed in the top 5% of an competitive retail industry, and a proven operator of 1000’s of retail operations across North America in multiple industries, the GGB founding partners and management team has the most retail experience compared to any other cannabis company in the world.
Creating Leading Cannabis Brands
With Nevada being the initial market targeted by GGB followed by Massachusetts, Florida, Michigan, Pennsylvania, and New Jersey. Green Growth Brands seek to acquire companies with attractive assets and acquire new licenses. The company intends to drive brand awareness through world class retail experiences starting in Nevada through multiple retail locations.
Green Growth Brands focuses on the medicinal and recreational use of Cannabis and CBD in both the United States and Canada, bringing fresh but seasoned eyes, integrated retail expertise, systems and sensibilities to this rapidly emerging market. Using its network of traditional retailers, the company will create a leading CBD Consumer Products business with beauty, personal care, and wellness products across several exciting new brands.
Creating Shareholder Value through a go Public Transaction
Green Growth Brands plans a going public transaction Q4 of 2018 after having announced merger with Xanthic and acquisition of The Source in Las Vegas, Nevada for $56.75 million. GGB believes Nevada is ideal first market given license restrictions and strong tourism related revenue. The Source was ranked 3rd best dispensary in Nevada in Spring 2018 by Leafly and has industry leading sales per square foot.
Seasoned Executive Team
Green Growth Brands brings a leadership team with deep ties to the Schottenstein family and its retail companies.
Additionally, Barbara Schottenstein will be serving as a Director.
Chief Executive Officer
After a long career in retail, Peter assumed the role of CEO in March 2018. He has extensive experience in retail with publicly-traded companies. Previously, he served as Chief Global Commercial and Administrative Officer at American Eagle Outfitters, COO of Victoria’s Secret at L Brands, President at DSW and SVP at Limited Brands. He also served as CEO of Mission Essential Personnel, a global defense intelligence contractor. Peter earned a BBA from the Boston University School of Management.
Chief Marketing Officer
Scott spent 25 years of his career leading creative teams and marketing efforts for retail brands such as Victoria’s Secret, Bath & Body Works, Limited Stores and American Eagle Outfitters. Most recently, he served as Chief Marketing Officer at Pillar Technology, a technology consulting company, before joining Green Growth Brands in April 2018. Prior to joining Pillar Technology, he served as Creative Director of Bath & Body Works for 8 years.
Chief Financial Officer
Ian, a Chartered Accountant, brings more than 25 years of financial experience to the leadership team, serving in roles with public and private companies, many with complex reporting and financing requirements and changing regulatory environments. Prior to joining Green Growth Brands in April 2018, Ian, who began his career with Deloitte, served as CFO of NRI Global, First Bauxite Corporation and Lithium Americas and has provided finance, business strategy and independent director services through his consulting firm.