
Hitter Brands
Creates and adquires digitally native brands to make wonderful delivery food experience.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor | €0.0 | round |
* | $1.2m | Early VC | |
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Hitter Brands operates in the cannabis market, positioning itself as a lifestyle brand for cannabis connoisseurs. The company was founded by a pioneer with nearly two decades of experience in the cannabis industry, including opening one of Washington's first medical cannabis clinics in 2007, co-founding Dope Magazine, and operating multiple grow facilities. This extensive background in advocacy and innovation within the cannabis space shapes the company's core mission.
The business model centers on direct-to-consumer sales of premium, single-source, high-potency cannabis products through its website, which ships to all 50 states. Hitter Brands' product lineup includes premium 1G selections and curated multi-packs. A key element of their strategy is an exclusive partnership with Ghost Man's, offering their unique flavors. The company emphasizes a commitment to quality, avoiding shortcuts and compromises to deliver products crafted with precision and respect for cannabis culture.
To foster customer loyalty, Hitter Brands has implemented a rewards program and focuses on providing a seamless customer experience with fast shipping and secure checkout. The company markets its products not just as cannabis, but as part of a lifestyle, catering to consumers who seek high-quality and reliable options. They also maintain a blog and a 'Hitters Club' to engage with their community. It is important to note that their products contain less than .3% Δ9-THC by dry weight, but they advise customers subject to drug screening to avoid use, as consumption can lead to positive test results.
Keywords: cannabis lifestyle brand, premium cannabis, direct-to-consumer cannabis, high-potency cannabis, Ghost Man's partnership, cannabis connoisseurs, single-source cannabis, Dope Magazine co-founder, Washington medical cannabis, cannabis e-commerce, cannabis advocacy, curated cannabis packs, cannabis culture, secure cannabis shipping, cannabis rewards program