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KIND Financial

Location: Hollywood, CA

Sector: Cannabis.

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KIND’s Technology Platform provides an ecosystem of easy-to-use, end-to-end solutions for cannabis businesses, empowering them to manage compliance, process transactions online, accept cash-free payments, and provide financial institutions with the data needed to service the cannabis industry. Our mission is to help cannabis businesses transact like any other industry.

Business Documents

MG cp Summary

1.  A regulatory technology and compliance company exclusively focused on marijuana industry

KIND’s business model capitalizes on the growth of the industry while protecting itself from the legal ambiguity surrounding this industry by not “touching” the plant directly.

 

2.  No Geographic Restrictions

This is unique in this industry because every state has their own unique laws. Since KIND doesn’t directly trade or operate with any cannabis containing products, we are able to operate freely in all 50 states, as well as other venues around the globe including Canada, Puerto Rico, Jamaica, Australia, Uruguay, and Guam.

 

3.  Equity Position in KIND

Investment in KIND includes equity in all products and services.

Seed-to-Sale Tracking and Monitoring

Point of Sale (POS), Cultivation Management, and Infused Products / Extractions Management

 

Kind Pay USA

Closed loop payment system serving the Cannabis Industry in the US

 

Kind Pay Canada

Closed loop payment system serving the Cannabis Industry in Canada

 

Link to Banking

Providing Financial Institutions with the guidance and tools they need to confidently offer banking services to the Cannabis Industry

 

Kind Government Solutions

Regulatory oversight and management tools for government agencies tasked with implementing and overseeing the Cannabis Industry

David Dinenberg, Founder and CEO

David is well respected for  his role in creating the  platform for compliance  across the emerging  cannabis industry. He is a  seasoned entrepreneur  with a track record of  successful ventures across  real‐estate, entertainment,  and food services. As KIND’s  Founder and CEO, David is  responsible for the  company’s corporate  strategy and vision.

David and KIND have been featured in several prominent magazines and newspaper articles such as Inc. Magazine, Forbes, Philadelphia Magazine, The Deal, and LA Business Journal to name a few.  He has also appeared on CNBC numerous times as a contributor and trusted resource for developments within the cannabis industry.

 

Dave Peck, President and CMO

At PayPal, Dave oversaw  the company’s social  strategy and influencer  relations, and also led the  development and  execution of integrated  digital marketing. Earlier,  he helped build online  communities and develop  social media strategies for  several major brands,  including Coca‐Cola, Wells  Fargo and the Grammys.

 

Dan Stofka, EVP, Engineering and Software

From retail to manufacturing, tech support to process management, every aspect of developing and managing the world’s most extensive seed to sale solution has been covered thoroughly in his experience both inside and outside of the cannabis marketplace.

He has been the founder or principal in several ventures. He has been working with Dispensaries and Grows since their influx in 2009, and in 2011 took the position of I.T. Director for Colorado Dispensary Services which operated two grow facilities and four retail stores.

 

Greg Liss, EVP of Sales

Greg has over twenty  years of experience in  financial management  and sales. He has been  responsible for defining  the go‐to‐market sales  strategies for several  financial start‐ups and  currently handles all  sales‐driven initiatives  for KIND.

 

Mark C. Gelnaw, Chief Financial Officer

Mark has over 35 years of experience in the financial services industry. During his 9 years at Deutsche Bank, Mark was involved in all aspects of the business including structuring, marketing, investment management, due diligence as well as serving as a liaison with all the service functions that interface with the business processes.

Additionally, Mark served as portfolio manager of the Angel Fund focusing on investing and developing emerging ventures.

 

Michael Stalbaum, SVP, Marketing and Operations

Michael has nearly 20 years of experience in all facets of digital marketing.  In 1999, Michael pioneered one of the first interactive agencies in the country working with marquis clients such as JP Morgan Chase, Speedo, and Calvin Klein to develop, launch, and profitably grow their online presence.

An expert in direct response marketing, Michael has a proven track record of generating qualified leads and driving revenue for B2B and B2C/eCommerce companies across verticals and industries.  Within the financial sector, Michael’s experience includes spearheading customer acquisition campaigns for Chase Credit Reporting, Core Logic (First Advantage Membership Services), and Morgan Stanley (Discover Card).

 

Scott Johnson, Senior Director, Product

Product Management leader, design technologist and innovative problem-solver, Scott has been creating highly engaging, award-winning interactive experiences for 15+ years. Scott has worked with some of the most important global brands around, including Google, AT&T, Dell, American Express, The Home Depot, Anheuser-Busch, Lipton, Unilever, Johnson & Johnson, Sony PlayStation, Cisco, IBM, and Yahoo!.

Scott has held a number of leadership positions at marketing and technology-based companies and has experience in a variety of diverse fields, including consumer technologies, advertising, core networking, embedded computing and high-end graphics visualization. Scott loves problem solving and has built a strong reputation for developing smart and effective solutions.