Ample Organics - Company Research Report

Company Overview

• Name: Ample Organics

• Mission: Ample Organics is dedicated to building the technological infrastructure needed to support the global cannabis industry. The company's work aims to make access to safe cannabis universal by fostering transparency, facilitating compliance, and building trust between cannabis license holders, government bodies, and the public.

• Founded: 2014

• Founder: John Prentice

• Key People: John Prentice (Former Founder), Andrew Wilson (Founder & CEO of GrowerIQ, the acquiring company)

• Headquarters: No information is available

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: Ample Organics is known for being a pioneer in cannabis technology, providing solutions that streamline compliance and efficiency while ensuring complete visibility into the origin and chain of custody of cannabis products.

Products

Ample Organics offers a suite of technologically advanced products designed for the cannabis industry, aimed at enhancing compliance and operational efficiency:

1. Seed-to-Sale Software

• Description: Comprehensive tracking and reporting software that covers the entire lifecycle of cannabis plants from seed to sale.

• Key Features: Seed-to-sale traceability, reporting tools, compliance support.

2. AmpleCare

• Description: Patient registration and management platform.

• Key Features: Facilitates electronic patient registration, integrated payment systems for enhanced patient experiences.

3. AmpleCentral

• Description: National cannabis tracking system.

• Key Features: Centralized tracking of cannabis products for compliance with national standards.

4. AmpleData

• Description: Retail data visualization tool.

• Key Features: Provides insights and analytics to optimize retail operations.

5. AmpleExchange

• Description: Cannabis procurement platform.

• Key Features: Facilitates the buying and selling of cannabis products wholesale, improving supply chain efficiency.

6. AmpleLearn

• Description: Training software for cannabis businesses.

• Key Features: Educational resources and training modules to assist with compliance and operational knowledge.

7. AmplePayments

• Description: Business solutions for cannabis companies.

• Key Features: Integrates payment processing solutions tailored for the cannabis industry.

Recent Developments

• Acquisition by GrowerIQ: In December 2023, Ample Organics was acquired by GrowerIQ, a prominent cannabis technology company. This strategic acquisition positions GrowerIQ as a market leader in Canada and Europe, boasting a significant market share in the sector. The acquisition brings together the expertise and resources of both companies, enhancing their capabilities to provide innovative solutions for cannabis producers globally.

• Technology Integration: Post-acquisition, the combined entity intends to leverage the technological offerings of both companies to create innovative solutions that align with GrowerIQ's mission of offering comprehensive management solutions for cannabis producers.

• Team Integration: All members of Ample Organics' team have joined GrowerIQ, which will further bolster the capabilities of the combined company.

• Statements: John Prentice, the former Founder of Ample Organics, expressed enthusiasm for the opportunities that the acquisition provides in terms of innovation and growth in the cannabis technology space. Andrew Wilson, Founder & CEO of GrowerIQ, highlighted the strategic alignment of this acquisition with their mission.

• New Developments: No specific new product launches or partnerships mentioned post-acquisition.

This report provides an in-depth view of Ample Organics, highlighting key aspects of the company's operations, product offerings, and recent strategic shifts within the industry.