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www.vibebycalifornia.com Online Retail Cultivation Distribution Manufacturing Delivery Oxnard Presentation Inland Empire Consulting LLC d.b.a. Vibe by California Oxnard

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Page 1: Oxnard Presentation...INLAND EMPIRE CONSULTING LLC 3 “Vibe by California” is a trusted, vertically integrated cannabis company that proudly serves hundreds of thousands of clients

w w w . v i b e b y c a l i f o r n i a . c o m

OnlineRetail

Cultivation DistributionManufacturing

Delivery

Oxnard Presentation

Inland Empire Consulting LLCd.b.a. Vibe by California Oxnard

Page 2: Oxnard Presentation...INLAND EMPIRE CONSULTING LLC 3 “Vibe by California” is a trusted, vertically integrated cannabis company that proudly serves hundreds of thousands of clients

I N L A N D E M P I R E C O N S U L T I N G L L C

www.vibebycalifornia.com2

• Qualifications of Owners

• Location

• Neighborhood Compatibility

• Community Benefit

OVERVIEW

Page 3: Oxnard Presentation...INLAND EMPIRE CONSULTING LLC 3 “Vibe by California” is a trusted, vertically integrated cannabis company that proudly serves hundreds of thousands of clients

I N L A N D E M P I R E C O N S U L T I N G L L C

www.vibebycalifornia.com3

“Vibe by California” is a trusted, vertically integrated cannabis company that proudly serves hundreds of thousands of clients

annually through its retail dispensaries. The Company operates cannabis cultivation facilities (both premium indoor & mixed-light

greenhouses), commercial cannabis distribution, e-commerce, home delivery, and manufactures its own “Hype Cannabis Co.” products.

Page 4: Oxnard Presentation...INLAND EMPIRE CONSULTING LLC 3 “Vibe by California” is a trusted, vertically integrated cannabis company that proudly serves hundreds of thousands of clients

I N L A N D E M P I R E C O N S U L T I N G L L C

www.vibebycalifornia.com4

• Experienced management executive, public and

private company board member, and private equity

investor

• Former CEO of a California based NYSE-Amex

company and Domino's Pizza of Canada

• Veteran entrepreneur and former Vice President of

J.P. Morgan & Co., US Hedge Fund Equity

Derivatives

• Undergraduate business degree from the Ivey

Business School at Western University, and an MBA

from the Kellogg School of Management at

Northwestern University.

M A R K W A L D R O NChief Executive Officer

• Mr. Starr oversees the day-to-day operations of

Vibe’s profitable portfolio of retail stores, cannabis

greenhouse & premium indoor cultivation,

distribution, e-commerce, home delivery, and

manufacturing operations.

• Over 20 years experience in the real estate industry

focused on the development, sales and

management of residential properties and

supportive living facilities

• Lead the closing of over one billion dollars of

acquisition transactions

• Experienced owner, operator and developer of

multi-family and commercial properties.

J O E S T A R RChief Operating Officer

M I C H A E L C A R L S O NChief Compliance Officer

• Mike has provided the vision, expertise, and positive

energy to build a safe, community-focused, and

successful cannabis business.

• Has worked as a consultant with several Cannabis

business throughout the state on compliance and

licensing.

• Over a decade experience working in Cannabis &

with municipalities like Sacramento & Stockton as a

stakeholder as policies were developed.

• Multi location restaurant operator in the Greater

Sacramento region.

• Mike’s role within the company will be to provide

compliance and operating procedure training on a

daily basis for Vibe’s team members.

OXNARD LEADERSHIP TEAM

Page 5: Oxnard Presentation...INLAND EMPIRE CONSULTING LLC 3 “Vibe by California” is a trusted, vertically integrated cannabis company that proudly serves hundreds of thousands of clients

I N L A N D E M P I R E C O N S U L T I N G L L C

www.vibebycalifornia.com5

Vibe intends to expand its retail footprint

via organic development of new retail

opportunities in underserved markets as

well as through acquisition of existing

dispensaries.

RETAIL EXPANSION1

Vibe is positioned for growth with a

management team experienced at branding

and scaling retail businesses through the

efficient deployment of human and financial

resources.

ACCRETIVE GROWTH

Vibe is a fully vertically integrated licensed

cannabis company in California, currently

focused on cultivation, retail, and delivery,

while further expanding its manufacturing and

distribution capabilities.

VERTICAL INTEGRATION

A LEADING VERTICALLY INTEGRATED CALIFORNIA CANNABIS RETAILER

Page 6: Oxnard Presentation...INLAND EMPIRE CONSULTING LLC 3 “Vibe by California” is a trusted, vertically integrated cannabis company that proudly serves hundreds of thousands of clients

I N L A N D E M P I R E C O N S U L T I N G L L C

www.vibebycalifornia.com6

Current Assets:

• 4 operating dispensaries

• 1 license application pending approval

• +2 dispensaries under development

• 1 opening March 2021

• 2 cultivation facilities

• 18,900 sq ft Crescent City

• 5,645 sq ft Sacramento + 2,822 sq ft nursery

• + New ~20,000 sq ft Sacramento ( Q2 & Q3 2021)

• 1 distribution operation

• 1 manufacturing license

• 3 delivery operations

Growth Strategy:

• Additional retail

• Provide capital, branding and retail technology support to established operators. Current Operations

Portland, OR

Sacramento

Stockton

Redding

Ukiah

Santa Rosa

Crescent City

Future Operations

License Application

Oxnard

LOCATIONS

Page 7: Oxnard Presentation...INLAND EMPIRE CONSULTING LLC 3 “Vibe by California” is a trusted, vertically integrated cannabis company that proudly serves hundreds of thousands of clients

I N L A N D E M P I R E C O N S U L T I N G L L C

www.vibebycalifornia.com7

HYPE CANNABIS CO.Hand-harvested with high standards and personal pride. Our

cultivation facility grows a diverse range of strains crafted for a

variety of taste profiles and experiences.

HYPE EXTRACTSVibe’s Hype Cannabis Co. flower is used to create premium vape

cartridges and white label extracts using volatile extraction

technology.

VIBE CBDA premium hemp-derived CBD product line. e-Commerce and

3rd party sales platforms will target broad market appeal.

7

VIBE BY CALIFORNIAVibe is a trusted cannabis retail, delivery, and e-commerce

brand serving hundreds of thousands of clients annually

throughout Northern California.

BRANDS & PRODUCTS

Page 8: Oxnard Presentation...INLAND EMPIRE CONSULTING LLC 3 “Vibe by California” is a trusted, vertically integrated cannabis company that proudly serves hundreds of thousands of clients

I N L A N D E M P I R E C O N S U L T I N G L L C

www.vibebycalifornia.com88

Focused on customer service, convenience and loyalty.

Current Retail Locations:

• Redding, CA

• Sacramento, CA

• Stockton, CA

• Portland, OR

• Ukiah, CA (Opening Q2 2021)

License Applications:

• Crescent City, CA

• Oxnard, CA

Vibe intends to expand its retail footprint via further organic

development of new retail licenses as well as through acquisition

of existing dispensaries.

RETAIL

Page 9: Oxnard Presentation...INLAND EMPIRE CONSULTING LLC 3 “Vibe by California” is a trusted, vertically integrated cannabis company that proudly serves hundreds of thousands of clients

I N L A N D E M P I R E C O N S U L T I N G L L C

www.vibebycalifornia.com9

OXNARD LOCATION

The project site is located on S. Ventura

Road along the frontage street,

servicing the retail business adjacent to

it. The site is located within ½ mile of a

Gold Coast Transit bus stop at Ventura

Road & 5th Street and offers on-street

parking as well as 5 off-street parking

spaces.

The site is zoned General Commercial

and is compatible with the adjacent

business' which are Step One Food

Mart, Skool Tatoo & Magic Therapy

1037-1039 South Ventura Rd.Oxnard, CA

Page 10: Oxnard Presentation...INLAND EMPIRE CONSULTING LLC 3 “Vibe by California” is a trusted, vertically integrated cannabis company that proudly serves hundreds of thousands of clients

I N L A N D E M P I R E C O N S U L T I N G L L C

www.vibebycalifornia.com10

FLOORPLAN & LAYOUT

1037-1039 South Ventura Rd.Oxnard, CA

Concept Rendering

Page 11: Oxnard Presentation...INLAND EMPIRE CONSULTING LLC 3 “Vibe by California” is a trusted, vertically integrated cannabis company that proudly serves hundreds of thousands of clients

I N L A N D E M P I R E C O N S U L T I N G L L C

www.vibebycalifornia.com11

COMMUNITY BENEFIT

Clean, Safe, Community-Conscious

Modeled after 2 successfully operated cannabis dispensaries developed by the

Vibe project team

Job Creation

Up-to 20 full-time and part-time employees, including project manager, dispensary manager, receptionist, retail

clerk, and security guard

Strategic Location

Extensive research to find a location outside sensitive use barrier that

provides benefits to the community

Neighborhood Improvements

Investing nearly $500,000 in both interior and exterior site improvements, including

enhanced security upgrade, odor mitigation, fire safety, ADA compliance,

and façade redesign

Local Selections

Local brands of flowers, pre-rolls, edibles, topicals, tinctures (including CBD), and a

variety of manufactured (non-flower) items*

*Estimated 65% of sales

Page 12: Oxnard Presentation...INLAND EMPIRE CONSULTING LLC 3 “Vibe by California” is a trusted, vertically integrated cannabis company that proudly serves hundreds of thousands of clients

I N L A N D E M P I R E C O N S U L T I N G L L C

www.vibebycalifornia.com12

Community Benefits

• Hiring local Oxnard residents

• Providing above average pay, healthcare and profit sharing

• Improving neighborhood security

• Investing and contributing to the community

“Vibe is committed to being a good neighbor and corporate citizen in the City of Oxnard”

• Healthcare benefits for full-time employees

• Employee Profit Sharing

• Employees are Owners

• Hiring local Oxnard residents and contractors

• Local Charitable Sponsorship

• Providing above average pay, healthcare and profit sharing

• Improving neighborhood security

• Investing and contributing to the community

Community Benefits

Page 13: Oxnard Presentation...INLAND EMPIRE CONSULTING LLC 3 “Vibe by California” is a trusted, vertically integrated cannabis company that proudly serves hundreds of thousands of clients

I N L A N D E M P I R E C O N S U L T I N G L L C

www.vibebycalifornia.com13

Community Benefits

• Hiring local Oxnard residents

• Providing above average pay, healthcare and profit sharing

• Improving neighborhood security

• Investing and contributing to the community

Community Benefit

Competitive EmploymentAll of our employees are paid well above comparable salaries, and

provided with healthcare, retirement, and continuing education

benefits.

Employee Health BenefitsAll full-time employees receive health and medical benefits upon

full-time employment.

Local Hiring & Local TradesWe are committed to maintaining preferential hiring policies for

Oxnard residents who have recently become unemployed.

Compassionate CareCustomers suffering from terminal illness are provided with dramatically discounted

products and services.

Sports & Community SponsorshipSponsorship, scholarships and donations to local charitable and non-profit organizations.

Local Internship, Profit Sharing & TrainingCommitment to hire 100% local employees and management. Employees become owners

in the company opportunity by generous stock grants, offer and encourage employees to

take updated career planning courses, in-house apprenticeship programs and online skills

inventory.

Page 14: Oxnard Presentation...INLAND EMPIRE CONSULTING LLC 3 “Vibe by California” is a trusted, vertically integrated cannabis company that proudly serves hundreds of thousands of clients

I N L A N D E M P I R E C O N S U L T I N G L L C

www.vibebycalifornia.com14

Community Benefits

Better TogetherVibe is committed to partnering with City-sponsored community activities, and to establish a scholarship

program for residents from disadvantaged communities.

Committed to the Wellness of OxnardWe look forward to becoming a valued corporate citizen

of the City of Oxnard and our focus is always on making

the community a better place than it was before we

arrived.

The Vibe team is committed to being a good neighbor,

working with the community by organizing neighborhood

clean-ups and youth sports programs.

Page 15: Oxnard Presentation...INLAND EMPIRE CONSULTING LLC 3 “Vibe by California” is a trusted, vertically integrated cannabis company that proudly serves hundreds of thousands of clients

I N L A N D E M P I R E C O N S U L T I N G L L C

www.vibebycalifornia.com15

• Proven, profitable operating model and established brand provides foundation for expansion.

• Management brings strong retail, capital markets, finance and corporate structuring experience to drive profitability through the Company’s continued evolution.

• Significant roll-up opportunity in the largest, and perhaps most fragmented, cannabis market in the United States.

• Positioned for long-term success.

SUMMARY

See “Cautionary Statement Regarding Forward-Looking Information and Future-Oriented Financial Information”.