Laserfiche WebLink
Investing in our People and Community <br />Community Giving <br />We provide philanthropic support to local programs helping to improve the lives <br />of disadvantaged students and our Santa Ana Community. <br />Cannalysis supports a local non-profit organization, Boys Hope Girls Hope <br />(BHGH), which has homes in Santa Ana. BHGH helps academically motivated <br />children in need meet their full potential by providing housing, food, school <br />supplies, and mentorship. We know that these types of programs can help give <br />students a fresh start and provide safe spaces to grow, learn and prepare for <br />college. In 2018 Cannalysis donated $2,000 to Boys Hope Girls Hope to <br />empower the hope of ambitious local youth. <br />Jobs Contribution to Santa Ana <br />In the last year we grew our team of 7 to 28 employees that work out of our <br />Santa Ana Headquarters. We've increased our staff by 300% over the past year <br />and are projected to grow our Southern California team to 50 full-time <br />employees by the end of 2019. To accommodate increasing demand for <br />cannabis compliance testing, we have a planned lab expansion with an <br />estimated buildout cost of $250,000 and an additional $2 million of equipment <br />planned for 2019. <br />Our business is inherently focused on recruiting employees from the Science, <br />Technology, Engineering and Math (STEM) fields. Unlike many other cannabis <br />businesses, the talent we attract is being pulled from top companies in Pharma, <br />Software, Biotech, and Robotics. <br />California's budding cannabis industry is expected to hit $3.7 billion by the end <br />of 2018 and is projected to increase to over $5 billion in 2019.1 In a report by the <br />https://www,businessinsider.com/californ ia-legalizing-weed-on-january-1-market-size-revenue- <br />61Page <br />