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May 4, 2021
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First Crop is a vertically integrated CBD health and wellness company. The company partners with farmers to grow USDA Certified Organic hemp from which it then extracts CBD oil to use in its CBD health and wellness products.
First Crop also provides cultivation expertise and support for its farmers, who receive a 5% share of the company’s profits.
Highlights include:
- Monthly net revenue grew 508%between September 2020 and February 2021
- Brought 24 new productsto market in Q3 and Q4 2020
- USDA Organicand Leaping Bunny Cruelty-Freecertified
Revenue sources include retail and wholesale sales and hemp processing fees + Plans to expand product offerings to include additional skin and body care and edible products