Chief Financial Officer, Canndescent
4:00 PM - 5:00 PM - How to Be a Great Corporate Citizen in the Cannabis Industry
Tom DiGiovanni is the CFO for Canndescent, one of the most recognizable consumer brands in the cannabis industry. Since its inception in 2016, Canndescent has raised over $45M in capital and deployed it to create a 700%+ CAGR, entitle more than 134,000 square feet of licensed facility space and build a team of over 225 cultivation, processing, manufacturing and distribution staff operating in multiple states. Canndescent was the first cannabis company to abandon traditional strain names and market by effect, it became the first cannabis company in California to establish fully compliant banking (and deposit cash to the Federal Reserve) and it was the first cannabis company in the US to power a cultivation facility with commercial-scale onsite solar energy.