Introduction
Good Day Farm is a company that makes cannabis products meant to safeguard and maintain human health. The firm allows farmers to collaborate with engineers, architects, and industry specialists in the cannabis space to create creative grow rooms that provide higher-quality goods and allow clients to keep their lifestyles and health. Here we are talking about Good Day Farm: Case Study, Company Profile, Founding Team, and Many More.
Company Highlights
Company Name | Good Day Farm |
Headquarter | Capitol Ave., Little Rock, Arkansas, USA |
Industry | Cannabis Product |
Founded | 2020 |
Founder | Ryan Herget |
Website | https://gooddayfarmdispensary.com/ |
Good Day Farm – About
Good Day Farm is a business that specializes in the cannabis sector. The firm provides therapeutic plant-based solutions to assist patients’ health together with high-quality cannabis products. The medical industry is their main target market. Its headquarters are in Little Rock, Arkansas, and was created in 2020.
Industry
Just seven days after opening for business, Good Day Farm made a significant impact by participating in Missouri’s historic transition to adult-use cannabis sales. On February 3, the company, along with other Missouri medical cannabis companies, welcomed customers 21 and older for the state’s inaugural adult-use sales. This marked a major milestone for Good Day Farm, further solidifying its role as a key player in the Missouri cannabis industry. By offering quality products and innovative solutions, Good Day Farm continues to lead the way in providing safe and accessible cannabis for both medical patients and adult consumers.
Founder and Team
With a “relentless emphasis on the customer” and the patients who initiated it all, the firm, which had previously catered to the state’s medical market, launched for adult-use sales on February 3. Head of Retail Ryan Herget describes this approach. It operates in four states with a branded retail presence, cultivation operations in Arkansas, Missouri, and Mississippi, and a growing facility in Louisiana. The CEO is Ryan Herget. Anthony Cieslak is the COO, and John Bratton is the CFO.
Startup Story
Raised in Little Rock, Ryan Herget rose to prominence as a young businessman. He founded Chef Shuttle and the telemedicine venture Sniffle Health, earning him recognition as one of Arkansas Business 20 in Their 20s in 2015.
Good Day Farm was established in 2020 and was the largest licensed medical cannabis producer in the South. It provides a wide variety of cannabis products in various formats, such as premium flowers, edibles, vape pens, concentrates, tinctures, syringes, and topical creams, to the region.
Herget, a 2009 alumnus of Little Rock’s Catholic High School for Boys, graduated from the University of Mississippi in 2013 with a bachelor’s degree in insurance and risk management. Good Day Farm is comprised of two management firms: one handles retail and the other handles agriculture.
Mission and Vision
In addition to growing hemp with an emphasis on health, Good Day Farm also provides event spaces and environmentally friendly barns. The 245-acre property’s goal is to cultivate hemp, which yields cannabidiol, or CBD.
Good Day Farm is a cannabis company dedicated to delivering high-quality products while educating and supporting communities on the healing benefits of medicinal cannabis. Their mission is to provide everyone with the feeling of a perfect day at the farm, emphasizing natural remedies over pharmaceuticals.
By focusing on quality and community education, Good Day Farm aims to make medicinal cannabis accessible and beneficial to all.
Business Model
Good Day Farm serves a local market with a variety of products and services, with an emphasis on organic and sustainable techniques. Their products are distributed to customers through farmer’s markets, internet channels, and on-site sales, all while upholding environmental responsibility. Their brand is centered around community engagement and ethical farming, which promotes growth and positively influences the clients’ environment and well-being.
Revenue Model
- Good Day Farm’s projected yearly income is $7.5 million.
- The expected revenue per employee at Good Day Farm is $17,773.
Funding and Investors
On January 30, 2023, Good Day Farm concluded its most recent investment round, a Venture – Series Unknown round.
Employees
- It employs 422 people.
- Good Day Farm hired 22% more people than the previous year.
Growth
To double its growing capacity, Good Day Farm is enlarging its Ruston, Louisiana, facility by forty thousand square feet.
Competitors
Farmers Business Network, Lapovations, Regrow Ag, and AgroFresh are the primary rivals.
Future Plan
The leadership team at Good Day is made up of seasoned business executives from the cannabis industry and seasoned experts from other fields who have come together to realize the company’s goal of being the top cannabis brand in every Southeast state. With outstanding cash equity funding and no debt, Good Day Farm is well-positioned to carry out its strategy and go public in the upcoming years. They are searching for the smartest, most driven people in the business and beyond to join our team at this historical time of the lifting of cannabis prohibition in the United States because, despite our strengths, they realize they cannot accomplish our goals without talent.
FAQs
When was Good Day Farm founded?
In 2020, Good Day Farm was established.
Who is the founder of Good Day Farm Corporation?
The creator is Ryan Herget.
Who is the CEO of Good Day Farm Corporation?
Ryan Herget is the CEO.
Who are Good Day Farm’s main competitors?
Farmers Business Network, Lapovations, Regrow Ag, and AgroFresh are the primary rivals.
Conclusion
Good Day Farm takes great pride in being an ambassador of the healing plant in the South, with state-of-the-art grow operations and state-of-the-art research and development facilities spread across Louisiana, Arkansas, Missouri, and Mississippi. The company works tirelessly every day to cultivate, nurture, and distribute high-quality cannabis. Everything Good Day Farm does, from high-tech and high-touch growing techniques to skilled extraction techniques, is driven by the goal of cultivating goodness: excellent people, happy cannabis, and good days. As a steadfast supporter of the effort to choose plants over pharmaceuticals, Good Day Farm is pleased to partner with the Last Prisoner Project.
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