Copperstate Farms
Copperstate Farms is a vertically integrated Arizona cannabis operator running 1.7 million square feet of greenhouse cultivation and nine Sol Flower dispensaries, serving medical and recreational consumers while wholesaling to other Arizona dispensaries as the state's #1 wholesaler.
- Company typePrivate
- Founded2016
- HeadquartersPhoenix, United States
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
What Copperstate Farms does
Copperstate Farms is a vertically integrated Arizona cannabis operator founded in 2016. The company cultivates cannabis in one of the largest greenhouse facilities in North America — 1.7 million square feet of canopy across 40 acres under glass at 5,616 feet elevation in Snowflake, Arizona — using natural sunlight, living soil, and solventless and hydrocarbon extraction methods. It operates approximately 50 strains in production with another 50 in development, and runs an in-house hydrocarbon and solventless extraction lab expanded in 2021.
The company generates revenue through two channels. Direct-to-consumer sales flow through nine Sol Flower retail dispensaries across Phoenix, Scottsdale, Tempe, Tucson, and Sun City, selling flower, pre-rolls, vaporizers, concentrates, edibles, and accessories to medical and recreational consumers following Arizona's adult-use launch in January 2021. B2B wholesale distribution through the company's online portal serves other licensed Arizona dispensaries, with Copperstate claiming the #1 wholesale position in the state. The product portfolio spans multiple owned sub-brands (Sol Flower, Copperstate house brand, Uncle X, Jukebox, Grand Cannabis Co.) and partner brands (DNA Genetics, Moxie).
Copperstate employs approximately 350 people and is the second-largest employer in Snowflake. The executive team, built out between 2020 and 2022 under CEO Fife Symington, includes a CFO, COO, and VP of People. The company is privately held as Copperstate Farms, LLC, headquartered in Tempe, Arizona, with a single disclosed funding round of $35.7 million from Poseidon Asset Management in 2017 and selective license acquisitions (Level Up Cannabis in 2020) used to build out the retail footprint.
Copperstate Farms firmographics
Firmographics- Name
- Copperstate Farms
- Legal name
- Copperstate Farms, LLC
- Website
- https://copperstatefarms.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Copperstate Farms is a vertically integrated Arizona cannabis operator running 1.7 million square feet of greenhouse cultivation and nine Sol Flower dispensaries, serving medical and recreational consumers while wholesaling to other Arizona dispensaries as the state's #1 wholesaler.
- Ownership category
- akta.pro rank
Copperstate Farms industry classification
Industry- Product category
- Cannabis Cultivation and Retail
- NAICS
- Greenhouse, Nursery, and Floriculture Production (1114)
- SIC
- Medicinal Chemicals & Botanical Products (2833)
- akta.pro primary industry
- Medicinal Plant Farming (Botanical/Pharmaceutical Crops) (AFAGAGAE)
- akta.pro secondary industry
- Independent/Single-Location Cannabis Dispensaries (CRANAFAE)
Keywords
Where Copperstate Farms is headquartered
LocationHeadquarters
- HQ city
- Phoenix
- HQ country
- United States
- HQ region
- North America
Offices11 records
Markets served
Copperstate Farms business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Retail Dispensary Sales: Direct sales to consumers through 9 Sol Flower dispensary locations across Arizona, selling flower, pre-rolls, vaporizers, concentrates, and edibles. Recreational sales began January 28, 2021 in Arizona.
- Wholesale Distribution: B2B sales of cannabis products to other licensed dispensaries throughout Arizona. Copperstate Farms is the #1 wholesale cannabis company in Arizona, offering flower, concentrates, and branded products through their wholesale portal.
- Brand Licensing: Licensing of proprietary brands including Copperstate, Jukebox, Uncle X, and Sol Flower to dispensaries. Partnership with Moxie for extract products in Arizona.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels5 records
Copperstate Farms product offering
Product offeringCore offering
Copperstate Farms is a vertically integrated cannabis producer that cultivates sungrown cannabis in 1.7 million square feet of greenhouse canopy at its Snowflake, Arizona facility, processes it via hydrocarbon and solventless extraction labs, and distributes the resulting flower, pre-rolls, vaporizers, concentrates, and edibles through nine Sol Flower retail dispensaries and a B2B wholesale portal serving other licensed Arizona dispensaries. The company operates multiple brands (Sol Flower, Copperstate, Uncle X, Jukebox, Grand Cannabis Co.) and partner brands (Moxie, DNA Genetics).
Product overview
Copperstate Farms operates as a vertically integrated cannabis company with over 1.7 million square feet of greenhouse canopy in Snowflake, Arizona. The company offers a diverse portfolio spanning multiple sub-brands (Sol Flower dispensaries, Uncle X, Copperstate house brand, Jukebox) and partner brands (Moxie), alongside an extensive product range including flower, pre-rolls, vaporizers, concentrates, edibles, and accessories. Sol Flower operates nine retail dispensaries across Arizona, while the company's wholesale operations serve as the #1 cannabis wholesaler in Arizona. The company also holds interests in Grand Cannabis Co. premium lifestyle brand.
Differentiator
Problem solved
Functional benefit
Brands
- Sol Flower: Cannabis community and dispensary & wellness center. Nine Arizona-based locations creating safe and welcoming space for cannabis education and wellness.
- Uncle X
- Jukebox
- Grand Cannabis Co.
- Moxie
- DNA Genetics
Products and services
- Flower
Quantifiable outcome
- 40 acres under glass
- +3 more outcomes
Companies that use Copperstate Farms
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles2 records
Copperstate Farms technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Copperstate Farms partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered minor and core.
- Cloth & FlameminorPartnership for cannabis dining experiences, including 4/20 and High Tea events at Sol Flower dispensaries. Combines culinary experiences with cannabis education.
- Arizona Trail AssociationminorPartnership with Arizona Trail Association supporting outdoor recreation and trail access in Arizona. Reflects company's connection to Arizona communities and outdoor lifestyle.
- Health Lifestyle BrandscoreJoint venture to create Grand Cannabis Co., which revitalized 'Good Things Coming' into a premium lifestyle brand under Copperstate Farms. Grand Cannabis Co. focuses on lifestyle and consumer products.
- Last Prisoner ProjectminorCampaign partnership to raise $100,000 over a ten-month campaign supporting criminal justice reform and prisoners affected by cannabis prohibition.
- DNA GeneticscoreStrategic partnership bringing DNA Genetics cannabis genetics and brand to Arizona market. DNA Genetics is an internationally recognized cannabis brand known for award-winning genetics. Copperstate Farms introduced DNA Genetics products to the Arizona wholesale market in 2020.
- MoxiecorePartnership with Moxie, a recognized leader with over 90 global industry awards for cannabis extracts. Moxie uses pharmaceutical-level processes to produce superior-quality, all-natural cannabis extracts in California, Nevada, and Pennsylvania. The partnership serves Arizona market.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
Copperstate Farms competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Copperstate Farms social profiles
Digital presenceCopperstate Farms financial estimates
Financial estimateRevenue estimate
Valuation estimate
Copperstate Farms leadership team
Management profileNumber of profiles
Profiles6 records
Copperstate Farms subsidiaries and ownership
Company hierarchySubsidiaries1 record
Copperstate Farms funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Copperstate Farms M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Copperstate Farms
What does Copperstate Farms do?
Copperstate Farms is a vertically integrated cannabis producer that cultivates sungrown cannabis in 1.7 million square feet of greenhouse canopy at its Snowflake, Arizona facility, processes it via hydrocarbon and solventless extraction labs, and distributes the resulting flower, pre-rolls, vaporizers, concentrates, and edibles through nine Sol Flower retail dispensaries and a B2B wholesale portal serving other licensed Arizona dispensaries. The company operates multiple brands (Sol Flower, Copperstate, Uncle X, Jukebox, Grand Cannabis Co.) and partner brands (Moxie, DNA Genetics).
Is Copperstate Farms a public or private company?
Copperstate Farms is a private company. It is classified as venture growth investor backed and is currently operating.
When was Copperstate Farms founded?
Copperstate Farms was founded in 2016. It employs 1,001 to 5,000 people.
Where is Copperstate Farms based?
Copperstate Farms is headquartered in Phoenix, United States, in the North America region.
How does Copperstate Farms make money?
Three revenue lines are on record. Retail Dispensary Sales are the primary driver. The others are wholesale Distribution and brand Licensing.
Does Copperstate Farms have an API?
No public API is recorded for Copperstate Farms.
What industry is Copperstate Farms in?
Copperstate Farms's product category is Cannabis Cultivation and Retail. Its primary akta.pro industry code is AFAGAGAE, Medicinal Plant Farming (Botanical/Pharmaceutical Crops), with a secondary code of CRANAFAE, Independent/Single-Location Cannabis Dispensaries. Its NAICS code is 1114 and its SIC code is 2833.