Dr. John Oram, the CEO and Founder of the vertically-integrated, California cannabis company NUG is this week’s guest on The Green Rush!
Since its founding in 2014, NUG has grown into one of the strongest brands in the nation’s largest cannabis market offering consumers its well-crafted edible and concentrate products as well as flower. In addition, the company recently opened its first retail shop in Sacramento in April 2019 and is on track to open two more retail locations in late 2019 and early 2020.
Our hosts sat down with John to discuss the NUG business model and better understand how the company has been able to achieve success in one of the world’s most crowded cannabis markets and what else it has in line for future success. In addition, we explore John’s chemistry background, the company’s current capital situation and John’s work with Oakland Cannabis Equity Program.
Don’t sit back, lean forward and enjoy!
Bio: Dr. John Oram, CEO & Founder:
John entered the cannabis business in the early 2000s (practically the stone age for cannabis) and in 2009, with a chemistry and engineering background (he holds Ph.D. and M.S. degrees in environmental chemistry and engineering from the University of California Los Angeles and bachelor’s degrees in analytical chemistry and biochemistry from the University of Colorado at Boulder), founded CW Analytical Laboratories—now recognized as the most trusted analytical laboratory in California for cannabis. He then set out on a mission to elevate the industry to a higher standard across all verticals – from cultivation to distribution – and in 2014 NUG was born from a home equity loan. Little did he know how quickly it would take off. And even in uncertain regulatory environments, NUG has remained profitable each year. In addition, John and his team at NUG play a major role in the Oakland Equity Program; NUG incubates businesses run by area residents who had been targeted by the war on drugs. They are also building new greenhouses for these companies, set to be complete by the end of this year.
Links to guest’s social media:
- NUG Instagram: https://www.instagram.com/nug/
- NUG Facebook: https://www.facebook.com/thesocialnug
- NUG LinkedIn: https://www.linkedin.com/company/nug/
Links and Mentions:
- NUG Website (consumer facing): http://nug.com/
- NUG Website (Corporate): http://nug.com/corporate-home/
- Sacramento Retail opening press release: http://nug.com/elementor-3484/
- Fundraising Announcement (May 2019; Series A): http://nug.com/nug-inc-raises-15-million-in-series-a-funding-round/
This episode was hosted by Lewis Goldberg and Anne Donohoe of KCSA Strategic Communications.
Special thanks to our Executive Producer Nick Opich and Program Director Shea Gunther at Marijuana Today
You can learn more about how KCSA Cannabis can help your cannabiz by visiting www.kcsa-cannabis.com or emailing firstname.lastname@example.org. You can also connect with us via our social channels: