5405 Alton Parkway, #505 Irvine CA 92604
AeroBloom is a proprietary, patent-pending aeroponics system that reliably achieves at least double the crop yield of hydroponic cultivation. AeroBloom also uses 40%-90% less water than hydroponics or traditional farming practices and produces a higher-quality harvest with one additional crop cycle per year. At over 4lbs of AAA quality, trimmed flower per light and one additional harvest per year, AeroBloom is the highest producing, most efficient cultivation system in the cannabis industry.
An aeroponics pioneer, AIS co-founder Dale Devore has built more than 50 aeroponics systems since 1989. An earlier version of the AeroBloom system was continuously used during 2010-2016 to supply the two medical cannabis dispensaries he formerly operated in Southern California.
Ultimately, the technology platform offers strong solutions to the global agriculture industry as it adapts to the extreme food security challenges caused by climate change. AeroBloom will initially target the cannabis industry because current market conditions are optimum for its introduction. Only the most efficient operators are expected to survive the industry consolidation now taking place. The AeroBloom system will be the cultivation industry efficiency leader upon market introduction.
AeroBloom is now conducting a Trial with the Cannabis industry’s leading Plant Scientist, Dr. Robert Flannery of Dr. Robb Farms to provide expert, third party verification of its performance claims. A resulting white paper will be delivered by Dr. Flannery and AeroBloom at a high profile event in late 2020 to launch AeroBloom into the cannabis industry.
Dale Devore is considered the “Thomas Edison of Aeroponics” and has 30 years of experience in cannabis cultivation and systems development. He is the original inventor of the AIS aeroponics system. He has conducted hands-on research and development of cultivation technology specifically tailored to cannabis in California since 1988. Dale spent numerous occasions between 1999 and 2003 comparing notes directly with Richard Stoner, of NASA’s aeroponics research division, and his biotech team. Since that time, Dale has built and tested more than 50 different aeroponics system variations. Dale also founded two of the most highly-regarded luxury dispensaries in California: Cafe Vale Tudo in Orange County and Cafe Canna Cabana near Palm Springs. Dale opened Cafe Canna Cabana with Darren Walz in 2013.
Mr. Walz founded a clothing brand called Qemro in 2009, which experienced rapid growth through hosting exhibits at trade shows such as Magic in Las Vegas, managing online marketing strategies, and licensing music producers’ names to print collaboration products marketed to their fans. He brings an impressive ability to manage operations, negotiate with vendors, find required talent, organize people, efficiently delegate tasks, and create a successful marketing strategy. He managed a staff of over 40 employees at the highly successful Cafe Canna Cabana, his partnership with Dale Devore. They had over 15,000 loyal patients and a 4.8 out of 5 stars rating on Weedmaps with 920 reviews.
Steve Crane is a highly experienced and dynamic executive who has worked as an entrepreneur, CEO and venture investor in the Los Angeles area for over thirty years. Since 2000 he has invested in and joined the boards and management teams of numerous startup and emerging growth companies. He has most recently spent three extremely active years in California’s cannabis industry. During 2016-2018, he built and ultimately sold a 7.5-acre cultivation property in Southern California for a pre-Prop 64 Cooperative. During 2018-2019, he transformed a Central California-based traditional cannabis market operator into a vertically-integrated, regulated enterprise by forming six retail joint ventures and structuring acquisitions of both an extraction manufacturer and a Distribution property. But he is perhaps best known for his work with CorpHQ Inc., a publicly traded venture incubator. Formerly an Internet destination for small businesses, he reacquired the company in 2000, then reorganized, recapitalized and built it into one of the most successful venture incubators in Los Angeles during the period. From 2001-2007 the company built seven companies, taking two to the public markets. During that period, CorpHQ generated five consecutive years of quarterly revenue and earnings growth. After taking the company private, he continued his work in venture finance with the surviving entities until 2016. He originally co-founded CorpHQ in 1993, as the Internet’s first business-to-business destination for the small office-home office market. Under his leadership, the company grew rapidly, went public and then consolidated into a larger publicly traded Internet company in late 1999. Steve Crane has also participated in high profile advocacy efforts. He served on the OTC-Bulletin Board Best Practices Committee in 1999. In 2002, he co-founded The CEO Council, a Washington DC-based advocacy organization that represented Microcap Market Issuers before Congress and Regulators in 2003-2004. He has agreed to assume the position of Chief Executive Officer and Chairman of the Company’s Board of Directors, after the closing of the current offering.
Mr. Jacobs is currently the founder and president of High Compliance LLC (HCL) and managing member of the Jacobs Law Firm PLLC. HCL provides compliance, due diligence, and advocacy services for cannabis-related businesses facing environmental, health, and safety challenges. The firm consists of a team of former senior officials and attorneys at the US EPA, technical experts, and state and federal government relations and public affairs specialists. HCL has over 100 years of unparalleled experience and expertise with federal and state environmental laws. He was a former senior manager and senior counsel in the United States Environmental Protection Agency specializing in pesticides and chemical enforcement, environmental justice, and sustainability matters for 27 years. He also served as a Special Assistant U.S. Attorney with the U.S. Department of Justice. Mr. Jacobs joined EPA in 1987 as the first full-time attorney advisor to EPA’s Office of Administrative Law Judges. In 1989 he served as the Division’s Deputy Director co-managing EPA’s nationwide chemicals and pesticides civil enforcement programs. In 1994 he was selected to be a Branch Chief in the reorganized Toxics and Pesticides Enforcement Division where he supervised a multi-disciplinary team of 14 attorneys, case development officers, and scientists. In 2000 he joined the Agency’s criminal enforcement program where he assisted special agents in criminal investigations under all of the Agency’s environmental statues and U.S. Attorneys in their environmental prosecutions.
Mr. Lewis has been a private consultant for nearly 20 years – with deep experience in valuation and appraisal, capital market consulting, as well as strategic planning, CFO services and corporate finance. His clients have ranged in size from startups to public companies with sales in excess of $100 million. He was also an accounting and finance lecturer at the Martin V. Smith School of Business & Economics at California State University, Channel Islands (CSUCI), and an assistant professor of finance at Los Angeles Pierce College. He served as an equity analyst at SSI Investment Management, Inc., a $1 billion+, money management firm, specializing in sophisticated, hedged strategies, and serving institutional and high net worth clients. Randy combines complex analytical abilities, and a keen understanding of the drivers and competitive forces of the industry, with the ability to effectively and succinctly communicate at all levels of the business community. He received his Bachelor’s Degree in Finance with honors from California State University, Fullerton, an MBA from the Anderson School of Management at UCLA, and earned the Chartered Financial Analyst (CFA) designation in 1999 and the Certified Valuation Analyst (CVA) designation in 2010. He was also an accounting and finance lecturer at the Martin V. Smith School of Business & Economics at California State University, Channel Islands (CSUCI), and an assistant professor of finance at Los Angeles Pierce College. Mr. Lewis has agreed to provide the Company with CFO consulting services after the closing of the Offering.
The Cannabis industry is large and rapidly growing but suffers from widespread inefficiencies. Cultivators largely rely on hydroponics cultivation technology that is 35 years old. Valued at $8.1 billion in 2019 and growing to $16 billion in 2025, the hydroponics cultivation equipment market is ripe for disruption. AeroBloom represents a new standard of production efficiency in this industry.
AeroBloom is able to reach 90% of the 1,000+ cultivation licensees in California through existing relationships. Management projects generating at least 15 high-value commercial installations during 2020-2022 in California to establish its market position, prior to building rapidly increasing market share across North America through wholesale distribution in 2022.
Management has developed an expansion plan that rapidly accelerates the company’s development from demonstration and market tests to commercial production. Today AeroBloom seeks to fund its first phase of commercial operations: