Cann-Ade® Corporation

USDA Certified Organic Cannabis-Infused Beverages for Elevated Mind-Body Wellness

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Security Type
Cannabis & Smoke Products
Min Investment
Offering Date
November 23, 2022
Expected Close Date
October 30, 2023
Target Raise
No. Investors
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Company Description

Meet Cann-Ade®, what we believe is the FIRST and ONLY USDA Certified Organic Cannabis-Infused Beverage in the world, that sippers are hailing as “life-altering”, “the perfect alcohol-alternative,” and “a powerful anti-inflammatory.” Cann-Ade® gained global recognition for its USDA Organic certification and continues to raise the bar through aggressively transformative and trailblazing practices.

Key Deal Facts

Standout Ingredients – Cann-Ade® is a leader in the market and the industry at large, as we believe Cann-Ade® to be the world’s first and only USDA Certified Organic hemp-infused beverage. Cann-Ade® Corporation is led by a senior strategic management team that has a proven, winning, and trusted history, including personnel with multiple exits to Fortune 100 and Fortune 500 companies. Each proprietary formulation of Cann-Ade® in a 16.9 oz eco-friendly bottle has a potent 20mg of organically grown and naturally adaptogenic Broad-Spectrum Cannabidiol (often referred to as CBD). Battle-Tested Product– In only 9 months, Cann-Ade® has become integrated into over 600 retailers across the United States, including household names such as Dunkin Donuts, 7-Eleven, Exxon, Food Town Supermarkets, Key Food Supermarkets, C-Town Supermarkets, Food Emporium Supermarkets, ShopRite, and many more. With an almost 100% reorder rate, revenue increases of 133% month-over-month, and a nearly quadrupled retail presence projected for 2023, it is in our opinion that Cann-Ade® is quickly becoming the trusted and sought-after CBD-infused beverage. Colossal-Sized Footprint in a Growing Market – The brand has demonstrated proven success in the booming Cannabis-Infused Beverage Market, which according to Market Bridge Research is projected to reach a value of 8.9 billion by the year 2029.* Cann-Ade® Corporation is led by a uniquely dedicated management team with tremendous industry expertise. Together they have a proven, winning, and trusted history, including personnel with multiple exits to Fortune 100 and Fortune 500 companies.

Management Team / Advisory Board Bios

Benjamin Daniel MogulFounder, President, Board Director and Chief Executive OfficerBenjamin Mogul is an experienced management professional who has served for over a decade in the mental health industry. Mr. Mogul has been trusted to serve high-profile civilian, active military, and veteran populations. Mr. Mogul has successfully led teams and operations that require a great deal of tact and has delivered the highest quality results time and time again. Mr. Mogul has worked in operations in the cannabis industry for a leading publicly traded medical marijuana firm where he developed IP and managed grow operations. As the founder of the Company, Mr. Mogul is passionate about the Company’s products and their value to the market. Mr. Mogul is known for his consistent ability to execute, pulling his sleeves up to do the hard work, being a connector, adaptable to changes, being creative, and being a constant learner. In addition to his strong communication skills, Mr. Mogul is considered by many to be a health guru and is a strong advocate for traditional values. Mr. Mogul holds a B.A. from Florida State University. Working for Cann-Ade Corporation is Benjamin's primary job. He does not currently receive a salary for his work at Cann-Ade., Darren RodgersDirector of OperationsDarren Rodgers is a highly successful entrepreneur who has built multiple winning companies from the ground up. Mr. Rodgers is recognized for being the founder and CEO of Freedom Wireless, where he led the company from its inception to its exit from Verizon Wireless. Mr. Rodgers is currently serving in this strategic leadership role for Cann-Ade® as he works hand in hand with Mr. Mogul leading the Company to its foreseen heights. Cann-Ade Corporation is Darren's primary job. Robert J. CorsaroGlobal Sales DirectorRobert J. Corsaro has over 30 years of experience within the consumer goods industry including highly successful stints at Nabisco, (Mondelez), PepsiCo, Snapple, and Carvel. Bob’s deep expertise includes broad-based management, finance, production, and chain headquarters account management. During his time at Snapple, Bob spearheaded the authorization of Snapple products to the major supermarket, convenience, wholesale, and mass drug merchandiser accounts and was responsible for five sales regions that comprised 63% of Snapple’s total sales volume for a $450,000,000 market. Following his time at Snapple, he served as Carvel’s Executive Vice-President, where his focus on expansion led to Carvel successfully doubling their distribution to over 3,500 supermarkets. During Bob’s timeframe, Carvel converted a loss in 1995 to a profit in 1996 of approximately $3MM. After his success with Carvel, Bob became one of the founding partners of a Brand Management Company where he brought Hint Water, Zico, and many other brands to market. Bob takes great pride in the strong relationships and experience he’s built over the years and knows this is a key ingredient to success.  Cann-Ade Corporation is Robert's primary job. Evan CostaldoGeneral CounselEvan Costaldo is a seasoned corporate and securities attorney, and entrepreneur, with a demonstrated history of advising private and public companies, investment funds, high net-worth investors, and entrepreneurs, on a broad range of U.S. capital markets transactions and investment opportunities across an array of industries, including mergers & acquisitions transactions, registration statements, reverse mergers, corporate financings such as IPO’s, secondary offerings, APO’s, PIPE offerings, and private placements, ’33 Act and ’34 Act SEC compliance, corporate governance, and general business, securities and corporate matters, as well as having commercialized various products, technologies, and sciences. Mr. Costaldo is admitted to practice law in the State of New York, as well as the United States District Courts for the Southern and Eastern Districts of New York. Cann-Ade Corporation is Evan's primary job. Brian WieberAdvisory Board ChairBrian Wieber is a highly experienced Chief Audit Executive, Outside Director, Qualified Financial Expert, and Board Advisor with over 30 years of progressive experience leading financial, operational, and information technology risk management. His background includes multi-national and U.S. companies, and includes all ownership structures, from Public, to Private and Private Equity, and Non-Profits. He has served in these roles for some of the largest companies: Kohlberg Kravis Roberts, Lazard Freres, Morgan Stanley, Deloitte & Touche, Grant Thornton, down to Start-Ups. He currently serves as a Senior Advisor for Grant Thornton (GT). Brian is retired and serves as an Advisor to Cann-Ade Corporation for approximately 10 hours a week. Robert LeitnerAdvisory BoardRobert Leitner is a seasoned executive with 25 years of operations, strategy, and finance experience. Mr. Leitner has extensive experience serving in numerous roles as CFO and COO and has a proven track record of achievement within startups, small businesses, and publicly traded corporations. Mr. Leitner holds a B.A. from Emory University, an MBA / MS from the University of Miami School of Business, and a J.D. from the Tulane University School of Law. Mr. Leitner also served as an Associate Professor for nearly a decade, and he is a published author and editor. Robert's primary job is Chief Strategy Officer at New Leaf Family Law and serves as an Advisor to Cann-Ade Corporation for approximately 10 hours a week. Linnet CartyAdvisory BoardLinnet Carty is the Corporate Director of Inclusion with Arcis Golf leveraging cross-cultural competencies that intersect with the company’s business objectives and vast portfolio from private, to daily fee, to resort. Linnet was previously the Global Inclusion and Diversity Director with the PGA of America, helping to drive the strategic mission that permeates the PGA’s programs and practices with a focus on Education and Training, Supplier Inclusion, Workforce Diversification, and Corporate Social Responsibility. She has been the Vice President of Marketing and Business Development for xmlElite, an Equity Educator for the Connecticut State Department of Education - SERC, a newspaper Columnist for the Hartford Courant and was the dynamic Television Host and Producer for NBC, WVIT, Channel 30 in CT. As a Board Member and Advisor, Linnet brings the intersection of public speaking, marketing, education, and engagement. Linnet's primary job is as Corporate Director of Inclusion at Arcis Golf and serves as an advisor to Cann-Ade Corporation for approximately 10 hours a week. Marie MeliksetianAdvisory BoardMarie Meliksetian is the CEO of Reliance Solution Services, LLC, President of the International Women’s Forum of Connecticut, and a senior business executive with extensive experience in turning around and reengineering large global organizations as well as smaller and start-up businesses. As a board member and advisor, Marie serves as the strategic thinker with the right combination of front-line organizational experiences, functional knowledge, and creative thinking who sees and addresses opportunities in unconventional ways. Mari's primary job is as CEO of Reliance Solution Services, LLC and serves as an advisor to Cann-Ade Corporation for approximately 10 hours a week.,

Amount Raised : $416,457
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