WISECO
WISECO is a Black-women founded cannabis operator and brand portfolio based in Capitol Heights, MD, established in 2015. The company focuses on creating a global cannabis supply chain that emphasizes social equity for Black, Indigenous, and people of color operators and brands.
Company Overview
WISECO is a Black-Women founded multi-state cannabis operator and brand portfolio established in 2015. The company is headquartered in Capitol Heights, MD, and operates with a small team of three. WISECO focuses on creating a global cannabis supply chain that emphasizes social equity frameworks for Black, Indigenous, and people of color operators and brands.
Industry and Sector
WISECO operates within the alternative medicine industry, specifically in the cannabis sector. The company has a licensed footprint that includes manufacturing, retail, and delivery services. It aims to address the needs of multicultural communities through its portfolio of owned and licensed cannabis brands.
Licenses and Operations
WISECO has gained six licenses across three territories, including Maryland and New Jersey. The company holds four medical cannabis licenses in Puerto Rico and has a conditional adult-use manufacturing license in New Jersey. It operates a medical and adult-use retail location called Mary & Main in Maryland.
Future Plans
WISECO plans to launch WISE Brands in the fourth quarter of 2023. The company is focused on emerging East Coast markets, particularly Maryland and New Jersey, with projected sales exceeding $1 billion. It aims to build an ethical supply chain that collaborates with equity-minded operators and brands.
Advocacy and Commitment
The team at WISECO has a history of grassroots advocacy, demonstrating a commitment to holistic access to cannabis. The company emphasizes social equity and aims to create opportunities for underrepresented communities within the cannabis industry.