Summary

Solstice

Founded in 2011

Description

Founded in 2011, Solstice was Washington's first fully-licensed medical cannabis grower, and is now one of the state's oldest cannabis cultivation operations, offering 100% Solstice-grown and processed premium flower and concentrates.

Strengths

  • Revenue growth is more steady than the industry average

Weaknesses

  • Solstice has a very small market share in their industry
  • Revenue generated per employee is less than the industry average
  • Revenue growth is less than the industry average
  • The number of employees is not growing as fast as the industry average
  • Since Solstice was founded, the company has experienced slower revenue growth than the industry average
  • Web traffic rankings are worse than the industry average

Annual Revenue

Solstice's annual revenue

$1647000

Based on Kona Equity data

  • Revenue per employee

    $205875

  • Variance of revenue growth

    0.12

  • Annual revenue growth since founding

    $126692

  • Revenue growth rate from first known quarter to current

    -80.5%

Employee Count

8 employees

  • Employee growth rate from first known quarter to current

    -80.0%

Executives

Will Denman

Co-Founder & Chief Executive Officer

w**@solsticegrown.com

Kalem Joubert

Health Consultant, Herbalist and Iridologist

k**@solsticegrown.com

Christine Henning

Staff Accountant

c**@solsticegrown.com

Tristan Heberlein

President

t**@solsticegrown.com

Marisa Gouda

Partner and Owner

m**@solsticegrown.com

Russell Berry

Director of Processing

r**@solsticegrown.com

Locke Bell

Processor

l**@solsticegrown.com

Alex Bernson

Manager, Marketing

a**@solsticegrown.com

G Score - 1

The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.

  • G5 Variance of revenue growth is less than the industry average

Web Analysis

  • Rank

    5.87 M

Location

13563 23rd Ave. NE 
Seattle, WA  98125

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Key Information

  • SIC: 737; 73
  • NAICS: 5182; 51
Disclaimer: These numbers are estimates and any other company information is based off our proprietary algorithms and by no means should be accepted as 100% factual. Kona Equity is in no way affiliated with Solstice.

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Frequently Asked Questions

Where is Solstice located?

Solstice's headquarters are located at 13563 23rd Ave. NE  Seattle, WA  98125.


What is Solstice's official website?

Solstice's official website is solsticegrown.com


What is Solstice's revenue?

Solstice's annual revenue is $1.6 M.


What is Solstice's SIC code?

Solstice's SIC: 737; 73


What is Solstice's NAICS code?

Solstice's NAICS: 5182; 51.


How many employees does Solstice's have?

Solstice has 8 employees


What industry does Solstice belong to?

Solstice is in the industry of Food & beverages.

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