Since 2012, an estimated 21,000 to 33,000 canna-businesses entered the U.S. market and 29 states plus the District of Columbia have legalized the sale and use of medically-prescribed cannabis or recreational adult-use. As more states follow this trend, the demand for cannabis-related products and services will continue to rise. For the Hemp and Cannabis Industries to flourish, the right resources need to be in place to support this rapid growth.
Doyen Element’s mission is to bring stature and speed to the entire burgeoning Hemp and Cannabis ecosystem. By creating a “consultancy” that provides category defining business acumen and direct access to an experienced management team with hands-on operational experience, the Company will provide nascent and middle market hemp and cannabis ventures with the cross-functional know-how needed to quickly accelerate their businesses.
Because Doyen Elements is a non-plant touching entity, the Company is uniquely positioned to realize the full prosperity of the booming Hemp and Cannabis Industries.
GREEN CONSTRUCTION OPERATIONS
Doyen Elements is utilizing green construction and technology solutions to build grow facilities, including the innovative hempcrete building systems.
RESEARCH & DEVELOPMENT
Doyen Elements works to actively research and develop cutting-edge technologies to benefit its business partners, which are proprietary and patentable.
Doyen Elements will sell hydroponic grow equipment, climate-control systems, advanced lighting technology, plant fertilizer and other high-quality supplies to optimize production of Hemp and Cannabis businesses.
REAL ESTATE SERVICES
The Company will be able to acquire real estate and retrofit assets on behalf of licensees to produce products to be sold via licensed dispensaries. The Company also provides a means for wholesale distribution by accelerating and increasing the growth of product for distribution.
CONSULTING & MANAGEMENT SERVICES
The Company has over nine years of operational experience in the Hemp and Cannabis Industries to offer industry-leading consulting and management services to existing businesses and fledgling states just beginning to tap into the industry.
Doyen Elements intends to radically improve the success rate of companies entering the quickly emerging Hemp and Cannabis Industries. To accomplish this, funds will go towards completing the Equity Purchase Agreements of long-standing, high-performing companies within the sectors of real estate, management consulting, research & development, industrial equipment, and green construction operations to provide a “one-stop shop” the Hemp and Cannabis Industry needs to bolster growth through expert consulting and the infusion of "smart money."
The Cannabis Industry is projected to double in size from $22 billion in 2017 to $44 billion by the end of 2020. An industry report by Business Daily indicates that sales of medical-use legal cannabis alone reached approximately $4.3 billion in 2016, a 26% increase in sales from 2015.
The ancillary company market size itself is extremely difficult to calculate due to the diverse range of offerings and types of businesses included, but it easily stretches into billions of dollars when taking into consideration the amount of money dispensaries and infused products companies spend on equipment and services to operate the businesses in the cannabis space.
Notably, 38% of ancillary service companies serve more than one state, with the bulk of this group involved in three or more states, according to a survey conducted by CannaBusiness Media. This makes ancillary businesses the highest percentage of multi-state businesses in the industry.
The addition of new Medical Marijuana (MMJ) states and the emerging recreational market will also create hundreds of millions of dollars in additional revenues for ancillary firms in coming years, making it arguably the most promising segment of the industry.
Ancillary companies are a large, often undervalued part of the Hemp and Cannabis Industries even though it’s companies like Doyen Elements, who touch all areas of the industry except the actual cannabis plant, that are especially poised for national expansion because they do not face the same legal risks as businesses that touch hemp and cannabis.
Just like new laws and regulations have paved the way for the Cannabis Industry to flourish, a little known rule called Regulation A+ has made it possible for everyday investors, and the public at large, to gain access to investment opportunities in early-stage companies.
Now, both accredited and non-accredited investors who believe in Doyen Elements can get in on the ground floor of the emerging Hemp and Cannabis Industries and watch their investment grow with the Company. Looking forward, Doyen Elements intends to file an application to have its Common Stock listed for public trading on the OTC Over-the-Counter Market.
Doyen Elements brings together a leadership team that merges traditional business management with a sizeable, commercial marijuana operator with years of knowledge in large-scale manufacturing and distribution in the U.S.
Ms. Boerum became the Chief Operating Officer of Advantameds Solutions USA Fund I, Inc. in September 2016; selected in June 2017 as Chief Operating Officer of Doyen Elements, Inc.; confirmed by the Board of Directors as the Chief Executive Officer of Doyen Elements, Inc. in early November 2017. . Ms. Boerum was Vice President of Sales and Consultant for Accentia International Outsourcing Company in Hyberdad, India, from 2009 to 2011. The leadership included national and international sales teams. Previously, Ms. Boerum held positions of Vice President of Sales for Opus Healthcare in Austin, TX. 2004 to 2007 and positioned the company for acquisition by NextGen. She also held the positions of Enterprise Vice President of National Accounts and Sales Manager for the top 32 health organizations nationally at McKesson from 1989 to 2003. During this time, she received various top performer awards, not only from McKesson, but also the state of Minnesota. Ms. Boerum received her clinical experience at Shady Grove Adventist Hospital, in Maryland, from 1979 to 1989.
In 2016, Jeff joined Advantameds Solutions as the Capital Investment Manager and has successfully completed the NASAA Series 65 Uniform Investment Advisor Law Examination; selected in June 2017 as Chief Technical Officer of Doyen Elements, Inc.; confirmed by the Board of Directors as the Chief Operating Officer of Doyen Elements, Inc. in early November 2017. Jeff is a proven business leader that delivers operational and financial commitments while developing profitability improvements through organizational leadership. Beginning in 1998 he served multiple roles and was promoted to a Senior Sales and Operations Management Executive with leadership positions of increased responsibility and complexity for WESCO Distribution, Inc., a leading global industrial supply distributor of electrical, data communications, MRO and OEM products and services. Jeff was successful in this complex industrial distribution business progressively leading larger operations and sales teams in multi-site operations driving the development of beneficial partnerships with customers, suppliers and employees. As Director of the WESCO Midwest Region, 2008-2015, he led a world class sales organization approaching $200 million in revenues with responsibility for over 180 employees coordinating multiple resources in sales, operations, finance, human resources, purchasing, pricing and marketing as critical components of the field organization. Prior to his executive management positions, Jeff was the entrepreneurial owner of Master Tech Photo Service which was a full-service wholesale photofinishing laboratory serving professional photographers and retail outlets with various photo services and products for 13 years.