UPDATE: PharmaCann just sold for $682 million making it one of the biggest in the history of the cannabis industry! Come hear Teddy Scott share his story. Don't miss out!
MUSICAL GUEST: Enjoy live music by Nikki Lynette – whose self-produced tunes have been featured in popular shows on MTV, Fox, Hulu and more.
Who: Dr. Teddy Scott, Founder & CEO PharmaCann
What: Cannabis Craze: High Times for Startups
Musical Guest: Nikki Lynette
Where: Novel Coworking, 318 W Adams, Floor 17
When: March 21st from 6-8:30 pm
What Else: Beats, Eats & Treats Provided
Startup Grind is a global startup community designed to educate, inspire, and connect entrepreneurs. We host monthly events in more than 400 cities and 115 countries featuring successful local founders, innovators, educators, and investors who share personal stories and lessons learned on the road to building great companies.
Our monthly fireside chat provides ample opportunities to connect with amazing startups and the people behind them, tap into a strong support network, form meaningful connections and gain inspiration for the startup journey ahead.
Dr. Scott has served as the Chief Executive Officer of PharmaCann since its founding in 2015, where he utilizes his unique background in pharmaceutical research, intellectual property law, and entrepreneurship. Under his vision and leadership, PharmaCann has raised over $185M in capital and grown to over 275 full-time employees leading the institutionalization and acceptance of medical cannabis as a part of healthcare. PharmaCann currently operates three manufacturing sites and ten retail outlets in Illinois, New York, Massachusetts, and Maryland, and is currently operationalizing additional manufacturing and dispensary sites in Massachusetts, Pennsylvania, Ohio, Michigan and Virginia.
In December 2018, PharmaCann entered into an agreement to be acquired by MedMen in a deal valued at $682 million. Upon closing, the resulting pro-forma company is anticipated to have a portfolio of cannabis licenses across the U.S. that will permit the combined company to operate over 76 retail stores and 16 cultivation and production facilities. The combined company will operate in 12 states, which comprise a total estimated addressable market, as of 2030, of approximately $40 billion according to Cowen Group.
Prior to founding PharmaCann, Dr. Scott was an equity shareholder at Polsinelli PC, an American Lawyer Top-100 law firm and recognized leader in healthcare law. At Polsinelli, he was co-chair of the firm’s Emerging Enterprises practice group, focusing on businesses in the pharmaceutical, biotechnology, medical device, diagnostics, and information technology industries. As a registered patent attorney, Dr. Scott’s practice focused on a wide variety of patent licensing matters and intellectual property issues.
Dr. Scott is on the Board of Advisors for the University of Chicago Innovation Fund, which invests in proof-of-concept and early business development work for viable new start-ups. He has also served as a mentor to companies based on technologies developed at the University of Chicago, Northwestern University and the University of Illinois. His mentorship has focused on the strategy, formation, initial capital raising and initial operational stages of technology businesses.
Dr. Scott obtained his law degree from Northwestern University with a focus on business law and is currently licensed in Illinois and California. Dr. Scott obtained his Ph.D. in molecular biophysics from the University of Texas Southwestern Medical Center and his B.S. in biochemistry from Texas Tech University.
Nikki Lynette is an indie artist whose style is equal parts hip hop, alternative, and pop. Her self-produced tunes have been featured in popular shows on MTV, Fox, Hulu, and more and have garnered digital and print features for publications like Billboard, Bust, and Vibe. Her work has been featured in media ranging from Spike Lee's hit Netflix series "She's Gotta Have It" to the viral commercial "Imagine," which won Nikki her first American Music Producer Award. Nikki Lynette fuses activism into her songs and performances and has created a lane for her music that is uniquely her own. She is currently developing a play entitled "Get Out Alive" with the prestigious American Music Theater Project as well as shooting a mental health documentary entitled "Happy Songs About Unhappy Things."
Peter Jaysin has been working in the entertainment and music industry for the past 10 years. His career started in the film business, working on re-enactment segments for A&E and The History Channel. After some hard work, Peter became the casting director for the hit series “Gangland” which gave him the confidence to start a new venture in film that led him to connect the music industry. At 24 years young, Peter was a partner at his own media and video production company on a local Comcast Cable network that serviced musicians in numerous areas such as music videos, commercials, marketing, and branding campaigns. Peter fully produced a weekly local TV show for 6 years.
Peter is the founder of Halstd.com, a network that will be the premier platform for Chicago art and entertainment. We enhance the traditional television experience by combining it with the accessibility and scope of the internet. We will deepen Chicago’s creative network and bring global attention to Chicago’s creative community.
Halstd is a streaming service that provides 24- hour content seven days a week through many channels with our own platform and is looking for brands like yours for content.
Our technology sets us apart from other streaming services because our platform is a linear TV format combined with streaming media. Therefore, we can link your Youtube pages to our platform, therefore boosting views on YOUR CONTENT as well. In other words, you are getting free views by having your content on our channel. All you need to do is just send us the content and we take care of the rest, guiding an audience to your brand.
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