There is little doubt about the growth and potential of the cannabis industry and its byproducts. As recently reported by Deloitte the global legal cannabis sales reached almost $22B in 2020, up 50% vs 2019, mainly fueled by the legalization process. The estimation for 2021 is close to $31B and it is expected to continue growing at a compound annual growth rate of 15% to reach $62B by 2026. 

We decided to make our first investment in this booming industry by partnering with Voyager. 

The company has developed a proprietary pocket-sized dispenser that is designed to deliver liquid concentrates with high accuracy for use, initially, in the Cannabis sector, but it also has future applications to other Health & Wellness and Pharma products. 

The device developed by the company is an enabling solution that adds tremendous value to users. 

Consumers world-wide are starting to learn about cannabis and how it can help them from a health and wellness perspective. They are concerned, however, about the current lack of precise dosing solutions (which allows them to maintain control), and the negative effects of smoking and inhalation (which could impact their health and leave a bad smell). Voyager’s solution addresses these key barriers to cannabis consumption.  Its precision and customization help improve the consumer/patient desired outcome.

The company is run by a well-balanced team, with great engineering, product design and execution skills. They also have a solid experience on consumer research and go-to-market strategy for consumer products, tracking user preferences and closing partnership deals with brands and potential co-packers. In short, a strong team that owns the set of skills required to bring Voyager to the next level. 

We are looking forward to seeing the impact of this technology in a fast-growing market and the way it’s going to change user experience. Great things to happen. Stay tuned and don’t forget to visit its page here.