CANNDESCENT® Wins 2018 Red Herring Top 100 North America Award
Ryan Allway
June 25th, 2018
News
Canndescent, a market leading cannabis company and the #1 selling Cannabis flower in California, announced today it has received Red Herring’s Top 100 North America award, a prestigious accolade which honors the year’s most promising private technology ventures from the North American business region. This is the first time a cannabis company has received or been nominated for this globally recognized award.
Canndescent has turned what many perceive as an agricultural commodity, cannabis flower, into the leading, luxury brand in the industry. In doing so, it has served as the tip of the sword, mainstreaming the cannabis category and redefining public perception. Since inception, the company has innovated the cannabis market and made it more consumer-friendly, becoming the first cultivator on the planet to abandon strain names and market cannabis flowers based on effect—Calm, Cruise, Create, Connect, and Charge.
The Red Herring editorial team selected the most innovative companies from all of North America and evaluated them on 20 main quantitative and qualitative criterion, which include disruptive impact, market footprint, proof of concept, financial performance, technology innovation, social value, quality of management, execution of strategy, and integration into their respective industries. Receiving the Top 100 award on behalf of his company, founder and CEO, Adrian Sedlin said, “The cannabis industry is now disrupting business, society, politics, culture, health and leisure, and this award is one more nail in the coffin ending prohibition.” Sedlin added, “I really see this as an industry achievement award, and we share it with all the other great companies in the cannabis industry who’ve been innovating and swinging hammers to redefine the industry.”
Canndescent received this award at the Red Herring North America Forum in Marina Del Rey, at a special awards ceremony on the evening of June 20.
For more information about Canndescent or to schedule an interview with Adrian Sedlin founder of Canndescent, please contact Rosie Mattio/ rosie@rosiemattiopr.com (917)583-6349
About Canndescent
Canndescent (pronounced Can-Des-Ent) cultivates ultra-premium cannabis flower for the adult-use, market, and is California’s #1-selling flower brand. In 2016, Canndescent became the first cultivator in the world to abandon traditional strain names, implementing a more shoppable, strain architecture of Calm, Cruise, Create, Connect and Charge. The company produces over 10,000 pounds of cannabis each year and is often described as the inventor of luxury cannabis. Consumers can purchase Canndescent products at leading dispensary and delivery services throughout California and can learn more about the company at www.canndescent.com.
About Red Herring
Red Herring is a global media company which unites the world’s best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider’s access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy.
This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.
About Ryan Allway
Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.
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