SKYMINT Brands

What SKYMINT Brands does

SKYMINT Brands, operating under the legal entity Green Peak Industries Inc, is a Michigan-based vertically integrated cannabis company that operates the state's largest portfolio of medical and recreational cannabis retail licenses. Founded in 2018 and headquartered in Dimondale, Michigan, SKYMINT runs 16 retail dispensary locations across the state spanning Ann Arbor, Grand Rapids, Lansing, Kalamazoo, Flint, Saginaw, Muskegon, Hazel Park, and several other markets. The company sells flower, pre-rolls (including infused pre-rolls), vapes, edibles, concentrates, topicals, and CBD products, alongside a proprietary house brand portfolio of named flower strains and pre-roll SKUs sold exclusively at SKYMINT stores.

SKYMINT generates revenue primarily through retail point-of-sale transactions at its dispensaries, with supplemental revenue from online ordering with in-store pickup, home delivery service, and a customer loyalty program. Pricing is unit-based with category ranges (pre-rolls $2–$8, flower 3.5g from $15–$20, edibles $3–$8, vapes $6.75–$15, concentrates from $11.25 per 2g), supplemented by volume bundle deals such as 5/$25 and 10/$40 pre-roll packs and a 30%-off Build-a-Bundle promotion. The customer base is split between adult-use recreational consumers (21+) and qualifying medical marijuana patients. Digital channels include a transactional e-commerce site (skymint.com), an iOS mobile app, email marketing, and in-store promotional merchandising.

The company has scaled primarily through acquisition and debt financing rather than equity rounds. In September 2021, SKYMINT announced the acquisition of 3Fifteen Cannabis alongside $78 million in senior secured debt financing led by SunStream Bancorp with participation from Merida Capital; the 3Fifteen transaction closed in April 2022. A $6.25 million follow-on term loan from SunStream Opportunities LP in November 2022 brought total debt financing to $81.25 million. No equity investors, founder ownership splits, or revenue figures are publicly disclosed. Leadership includes co-founder and CEO Jeffrey Radway, Chief People Officer Jason Desentz, and Chief Strategy Officer Matt Gavigan.

Name

SKYMINT Brands

Legal name

Green Peak Industries Inc

Website

https://skymint.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

101–250 employees

Short description

SKYMINT Brands is a vertically integrated Michigan cannabis company operating 16 retail dispensary locations statewide, selling flower, pre-rolls, vapes, edibles, and concentrates to adult-use and medical consumers through in-store, pickup, and delivery channels.

Ownership category

akta.pro rank

Product category

Cannabis Retail Dispensary

NAICS

Tobacco, Electronic Cigarette, and Other Smoking Supplies Retailers (459991)

akta.pro primary industry

Cannabis Dispensary + Ancillary Retail (Accessories, CBD/Hemp, Merchandise) (CRANAFAH)

Keywords

• Cannabis retail
• Medical marijuana dispensary
• Recreational cannabis products
• Cannabis home delivery
• Vertical cannabis integration

Headquarters

HQ city

Ann Arbor

HQ country

United States

HQ region

North America

Offices18 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Supply Chain, Infrastructure, Technology or R&D

Revenue model

1. Retail Dispensary Sales: SKYMINT Brands operates retail dispensaries selling cannabis products including flower, pre-rolls, concentrates, vapes, edibles, topicals, and CBD products. Revenue is generated through point-of-sale transactions at physical locations and online orders with in-store pickup or delivery.

Pricing tiers

Distribution channels1 record

Marketing channels4 records

Core offering

SKYMINT Brands is a vertically integrated cannabis retailer operating 16 dispensary locations across Michigan, selling flower, pre-rolls, concentrates, vapes, edibles, topicals, and CBD products to adult-use consumers and medical marijuana patients. The company also offers an in-house Skymint house brand line, online ordering via its website and iOS app, home delivery, and a customer loyalty program.

Product overview

SKYMINT Brands is Michigan's leading cannabis company operating a multi-location retail dispensary network and selling a diverse portfolio of cannabis products. The company operates under a core retail platform with 15 dispensary locations across Michigan, offering both in-house Skymint brand products and third-party cannabis brands. Services include home delivery, in-store pickup, and a loyalty program. The company's product categories span flower, pre-rolls (including infused pre-rolls), vapes, edibles, concentrates, CBD, and merchandise. SKYMINT has expanded through strategic acquisitions including 3Fifteen Cannabis, with financing from SunStream Bancorp and Merida Capital supporting continued growth.

Differentiator

Problem solved

Functional benefit

Products and services

• Skymint Cannabis Retail Retail cannabis dispensary offering flower, pre-rolls, vapes, edibles, concentrates, topicals, and CBD products through 16 retail locations across Michigan for adult-use consumers and medical marijuana patients.
• Skymint Home Delivery Home delivery service allowing customers to order cannabis products online for delivery to their doorstep, in addition to in-store pickup options at Skymint dispensary locations in Michigan.
• Skymint Loyalty Program Customer loyalty program offering rewards, discounts, and exclusive deals to registered members who shop at Skymint retail dispensary locations.
• Skymint House Brand Cannabis Products In-house cannabis product line including flower strains (Wonka Bars, Honey Buns, Sprinkles, Cookies And Chem, Cadillac Rainbow, MAC Flurry, Singapore Sling, Sherbanger, Zlushies, Garlic Breath X GMO, Purple Ice Water, Legend OG, Wedding Cake, Jungle Pie, Grape Gas, Trophy Wife, Donkey Butter, Han Solo Burger, MAC Daddy), pre-rolls (Sharpiez, Cookies And Chem, Wonka Bars, Singapore Sling, Lava Cake, Guava Rainbow, Subzero), and other cannabis products sold exclusively at Skymint locations.
• Skymint Dispensary Locations Physical retail dispensary network of 16 locations across Michigan including Ann Arbor (Industrial and Washtenaw), Camden, Coldwater, East Lansing, Flint, Grand Rapids (Division and Plainfield), Hazel Park, Kalamazoo, Lansing, Morenci, Muskegon, Nunica, Portage, Saginaw, and White Cloud.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Green Thumb Industries (GTI): Multi-state cannabis operator with significant Michigan presence through Rise Dispensaries. Competes with SKYMINT in Michigan retail while operating across multiple states, offering broader scale and brand portfolio advantages.
• Curaleaf: Largest US multi-state cannabis operator with Michigan retail presence. Competes with SKYMINT in Michigan while operating across numerous states, bringing greater capital resources and operational scale.
• Planet 13 Holdings: Large-scale cannabis retailer with multi-state ambitions and flagship superstore concept. Comparable to SKYMINT as a multi-state cannabis retail operator pursuing scale and brand differentiation.
• Cresco Labs: Multi-state cannabis operator with retail and cultivation operations in Michigan through the Sunnyside brand. Competes with SKYMINT in Michigan while leveraging national scale and brand portfolio.

Direct peers

• Lume Cannabis Co. Michigan-headquartered vertically integrated cannabis retailer operating multiple dispensary locations across the state. Directly competes with SKYMINT in the same Michigan market with overlapping retail footprint, product assortment, and customer base.
• Greenhouse Cannabis: Michigan-focused cannabis dispensary chain with multiple retail locations. Direct competitor to SKYMINT in the same Michigan market with comparable product offerings and customer demographics.
• JARS Cannabis: Michigan-based multi-location cannabis retailer with dispensaries across the state. Competes directly with SKYMINT on retail footprint, product variety, and Michigan adult-use and medical cannabis customers.

Regional players

• The Fire Station: Michigan-focused cannabis dispensary operator with multiple retail locations across the state. Directly comparable to SKYMINT in serving Michigan adult-use and medical cannabis consumers through physical retail.

Emerging players

• Cookies: Premium cannabis brand and retail chain with Michigan dispensary locations. Comparable to SKYMINT as a brand-driven cannabis retailer with proprietary products and cultivated consumer following in the state.

Others

• Merida Capital: Cannabis-focused private equity firm that participated in SKYMINT's $78M financing round. Comparable as a capital partner in the cannabis industry with deep understanding of Michigan market dynamics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/skymint

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SKYMINT Brands