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Q: CannaInvestor Magazine (CIM)
Derwin Wallace, CEO
A: Orbin Johnson, Founder and CEO
JDwight, LLC dba CANRVE (CANRVE)
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CIM: Shouldn’t you just concentrate on travel, destination, and restaurants? It seems like there is a lot of competition for cannabis activities, events, dispensaries/mmd, and social media.
CANRVE: There is no other comprehensive database of cannabis-friendly lifestyle options in the travel space today. CANRVE will be. We are a travel guide for the global cannabis community offering homes, events, activities, chefs, medical marijuana doctors and dispensaries. For the cannabis user, dispensary location is an important factor in deciding what location to book their accommodations.
CIM: Who are your competitors?
CANRVE:
In the online vacation rental space:
Airbnb, Bud and Breakfast, The Travel Joint, and Potguide. The first three companies are our strongest competitors because they already have an established online presence. While Airbnb is the most widely recognized with an excellent reputation in the home rental marketplace, they do not market directly to the cannabis community. They also lack the full-service travel experience that CANRVE offers. The Travel Joint business model is closest to ours, but they have limited their market to only four states, Nevada, Oregon, Washington and Colorado and are also growing at a languid pace. PotGuide is not a strong competitor because their primary focus is a dispensary guide and not travel.
In the online dispensary and medical marijuana guide space:
There are many online dispensary guides. However, we only consider the most popular ones as our true competition. These are Leafly, Weedmaps, Potguide, LeafStrain, Marijuana Connect, Lift and MassRoots. While all of these guides are succeeding at their primary focus of providing information on dispensaries, none of them include the full-service travel experience that CANRVE offers.
The exact number of operating dispensaries fluctuates day to day because of the high number of dispensaries that are shut down for noncompliance and brand new dispensaries opening their doors at a rapid pace. The amount ranges from 5000+ in the US.
Q&A