CanopIQ is not a cannabis company.
Just like Cerner is not a hospital, we are a software company that sells compliance infrastructure to licensed cannabis businesses. We provide the essential operating system for a high-growth, highly regulated industry.
Market Opportunity
Business Model & Moat
Pure SaaS Margins
Subscription-based revenue ranging from $29/mo for home growers to $999/mo per facility for commercial operators. No inventory, no retail risk, no Schedule I regulatory friction.
Mission Critical Software
Once a facility integrates CanopIQ into their METRC workflow, we become their primary source of truth for compliance. Switching costs are high, and churn is naturally low.
Data Flywheel
As we process millions of plant data points across different environments and genetics, our AI models for pest prediction and yield optimization become increasingly accurate and proprietary.
The Team
Ryan Russell
Founder and CEO
Former Healthcare IT professional with a background at Cerner, Epic, and the VA. Ryan is applying the same rigorous standards of clinical documentation and regulatory compliance found in hospitals to the cannabis industry.
Traction & Milestones
13 States
Software live and supporting state-specific rules.
Patent Pending
Proprietary AI plant diagnosis and METRC sync methods.
Clinical Heritage
Built on data protocols from healthcare infrastructure.
Investor FAQ
Is this a cannabis company?
No. We are a software-as-a-service (SaaS) provider. We do not touch the plant, we do not require cannabis licenses, and we are not subject to 280E tax restrictions.
What is METRC?
METRC is the "track-and-trace" system used by government agencies to monitor the production and sale of cannabis. It is mandatory in most legal states, and CanopIQ automates the data entry into this system.
What is the revenue model?
We charge a monthly recurring subscription fee. Our commercial tiers are priced per facility, providing predictable, scalable revenue as operators expand to multiple sites.