Round Meadow Holdings Corp. (“RMH”) is a professional organization that represents accountability, delivering business solutions created exclusively for the expanding cannabis industry. A synergistic portfolio of cannabis service companies, RMH is dedicated to supporting the competitive cannabis landscape and its participants as the industry evolves and faces historic growth spurts and challenges.
Historically, when industries such as cannabis experienced growth spurts, many people rushed to find their position within that space. As the competitive landscape increased, so did the velocity of product offerings. For instance, during the Gold Rush of 1849, most successes were found among companies that provided services to the miners rather than with the miners themselves. Levi Strauss and a few well-known hotel chains and banks know all too well the outcome of offering goods and services to an exploding industry.
RMH recognizes numerous opportunities within the current marketplace and has defined its strategy for success in the evolving cannabis industry. At the core of this strategy is a portfolio of synergistic brands, including Canna Paid, Budtender Awards, BudtenderSelect.com, and High Lifestyle. These separate verticals are designed to provide relevant and much-needed services to the cannabis industry. They are interconnected and supportive of each other, strengthening their positions as a whole.
Canna Paid is a merchant services platform that utilizes a unique and proprietary compliance technology to provide cannabis merchants a competitive and standard retail banking solution. Canna Paid works with all major credit card brands, and enables users to send and receive electronic payments.
One of the distinct features of the Canna Paid technology, which significantly benefits the user experience, is that it supports and maintains existing consumer behaviors. The process performs in the same manner as a traditional retail credit card transaction, but incorporates tokenization -similar to how Apple Pay works – to secure the transaction at the highest level. This process protects the merchant and cardholder from fraud and unintentional disputes (“chargebacks”). Furthermore, it simply makes it easy for cannabis dispensaries and customers to seamlessly conduct business. As the Canna Paid portfolio continues to expand, so does the brand equity that secures its position as an industry leader.
FAQ: What happens if cannabis becomes legal nationwide, or what if banking becomes more available for cannabis-related businesses? How will this affect Canna Paid?
As an emerging branded technology and industry leader, Canna Paid remains scalable and closely connected to the growth of the industry and the governing regulations.
Further driving Canna Paid’s appeal as the end-to-end solution for a variety of traditional banks and financial institutions is its capability of providing electronic payment solutions that can integrate with POS systems and simultaneously collect transactional data at the point of purchase. If cannabis becomes legal in all 50 U.S. states (de-scheduled), or if traditional banking becomes more available to business owners in this space, the most valuable factor to conventional banking partners will be the contracts and relationships that Canna Paid has secured. The unique advantages that Canna Paid can offer to a traditional banking partner makes it a prime target for a strategic partnership.
RMH excited the cannabis community in 2019 with the creation of the “Budtender Awards,” becoming the first-ever cannabis-related expo and education event at an MGM property and the first at any casino on the Las Vegas strip.
The modern-day “Budtender” is an individual who is helping to redefine and elevate what it means to be someone who works in a dispensary or store where medical or recreational cannabis is sold. Increasingly, this subculture is evolving into a group of highly educated professionals who are continually developing their unique blend of style, food, entertainment, music, fashion, and, most importantly, their recommendations to an ever-growing variety of cannabis offerings. They are educators, advisors, sales professionals, occasionally a “therapist,” and often a trusted resource or friend to their customers.
No matter the role, they are the frontline of the cannabis industry who stand between the thousands of emerging brands, and their would-be customers. Amid this developing group are rising stars who are making a significant impact on the cannabis culture itself.
The 2020 Budtender Awards Experience will take place Sept. 17-19 in Las Vegas at Mandalay Bay Resort and Casino with a full slate of brand activations, pop-up giveaways, vendors, product samples, brand certifications, industry speakers, educational panels, and a Budtender Bootcamp. Networking opportunities, along with a poolside concert series and exclusive VIP parties, add to the unique and exciting atmosphere for expo participants.
Clover Leaf University (“CLU”), the first accredited university specializing in phytotechnology to be approved, regulated, and licensed by the Colorado Department of Higher Education’s Private Occupational School Board, will provide Budtender educational opportunities covering a wide range of topics. CLU delivers the highest quality industry training and the most comprehensive curriculum available today.
Projects in Development
- BudtenderSelect.com – a unique CBD website that will host a variety of Budtender rated CBD products. Visitors will have the option to choose from a variety of products suited to their specific needs. Consumers will be provided with independent reviews of their preferred products, along with suggested ways for use. The Budtender Select shopping cart feature will provide consumers with a convenient and straightforward purchase method.
- HighLifestyle.com – set to be a digital newsletter to cross between RMH brands, specifically with the Canna Paid and Budtender Awards platforms. HighLifestyle.com will be a destination where people can populate, design, and share lifestyle-related content. The nature of this platform is to provide a robust social connection along with the ability to aggregate this collected data for market intelligence.
Keith Allen, Chief Executive Officer, Managing Director
Keith Allen has vast executive and operational experience. Allen was formerly the marketing communications expert for ivyKoin, a blockchain-based cryptocurrency for business transactions required extensive verification in the international monetary system, where he helped design the infrastructure and go to market strategy. His other executive experience includes the title of chairman and CEO of a global dental company with products in thousands of retail stores throughout the world. His combined experience with both financial and CPG markets uniquely qualifies Allen to execute and scale the operational goals of Canna Paid and RMH.
Ryan Bridges, Banking & Business Development Officer, Director
Ryan Bridges has extensive investment banking experience with Direct Capital Securities and the California Capital Access Fund, including over 15 years of electronic payment and business development services. Bridges’ extensive operational and developmental expertise was instrumental in generating landmark successes for Radius Payments, Inc. and Payment Insights, LLC. Canna Paid and RMH are the direct benefactors of Bridges’ input and strategic guidance.
* In the first round of financing, Round Meadow Holdings has raised 3mm to date and is currently in phase two raising an additional 2mm for expansions purposes.
- Delivering business solutions designed exclusively for the lucrative cannabis industry
- Expanding portfolio of synergistic portfolio of cannabis service companies
- Creator of Budtender Awards, the first cannabis-related expo and education event on the Las Vegas strip