Bud & Mary’s

What Bud & Mary’s does

Bud & Mary's, the trade name of MedPharm Iowa LLC, is a third-generation, family-owned multi-state cannabis operator headquartered in Des Moines, Iowa. Founded as a corporate entity in 2017 with family roots tracing to 1961, the company cultivates, formulates, packages, and distributes cannabis products across Iowa, Michigan, Colorado, Missouri, and Illinois, available through 700+ wholesale dispensaries and three company-owned dispensaries (Windsor Heights IA, Sioux City IA, Portage MI). Its product portfolio is organized around five sub-brands: Batch Extracts (premium vapes, concentrates, live resin, infused pre-rolls), NUO (wellness tablets, creams, tinctures), TheMyx (patented water-soluble THC dissolvable powder), Curated (limited-run premium flower with artist packaging), and Bud & Mary's Flower.

The company's underlying technology is pharmaceutical-grade rather than AI-driven. Six awarded patents cover water-based extraction of cannabinoid acids, the micro-emulsification process behind TheMyx (US-11857589-B2), a brain-health formulation targeting neurodegenerative disease, a self-emulsifying intradermal depot gel in clinical trials for sleep, and a POP-VAC child-resistant packaging system. Operations are built on cGMP-, cGACP-, GAP-, and ISO 17025-accredited infrastructure, supported by the first DEA Schedule I research license granted to a U.S. cannabis company for clinical research.

Revenue mechanics are split between (a) direct-to-consumer sales at owned dispensaries and (b) wholesale distribution of branded products through partner dispensaries. Pricing for regulated medical market access includes a $100 Iowa medical cannabis card fee, with a $25 reduced rate for veterans, disability-benefits recipients, and Iowa Medicaid/Hawk-I members. Marketing combines content and educational channels with community-led campaigns (Easterseals Iowa, Des Moines Menace, Blazy Susan, breast-cancer-awareness organizations) and the Best Buds Inner Circle industry trade program. The company has filed to intervene in federal lawsuits challenging cannabis rescheduling and operates clinical research collaborations with University of Colorado Boulder, University of Iowa, Northwestern, and the Edward Hines Jr. VA.

Name

Bud & Mary’s

Legal name

MedPharm Iowa LLC

Website

https://budmary.com

Company type

Private

Founded year

1961

Operating status

Operating

Headcount range

51–100 employees

Short description

Bud & Mary's is a family-owned multi-state cannabis operator (legal name MedPharm Iowa LLC) producing and distributing medical and adult-use cannabis across five U.S. states through 700+ dispensaries and three owned retail locations, with patented formulation, cGMP/ISO production standards, and a DEA Schedule I research license.

Ownership category

akta.pro rank

Product category

Medical Cannabis Manufacturing

NAICS

Beverage and Tobacco Product Manufacturing (312)

SIC

Pharmaceutical Preparations (2834)

akta.pro primary industry

Cannabis Dispensary Chains & Multi-Location Operators (MSO/Regional) (CRANAFAD)

akta.pro secondary industries

Medical Cannabis Dispensaries (CRANAFAB), Cannabis Dispensary + Delivery/Online Pickup (Omnichannel Retail) (CRANAFAG)

Keywords

• Cannabis manufacturing
• Medical cannabis products
• Multi-state cannabis operator
• Cannabis extraction technology
• Pharmaceutical-grade cannabis

Headquarters

HQ city

Des Moines

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Cannabis Product Sales: Direct sales of cannabis products including flower, vape cartridges, concentrates, edibles, live resin, tablets, and dissolvable powder through company-owned dispensaries and wholesale to partner dispensaries across 5 states.
2. Wholesale Distribution: Wholesale distribution of branded products (Batch, NUO, TheMyx, Curated) to licensed dispensaries across operating markets.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

Bud & Mary's is a family-owned multi-state cannabis operator that cultivates, manufactures, and distributes medical and adult-use cannabis products across Iowa, Michigan, Colorado, Missouri, and Illinois. The company operates its own dispensaries in Iowa and Michigan and wholesale-distributes branded product lines (Batch, NUO, TheMyx, Curated) to over 700 partner dispensaries, with production performed under pharmaceutical-grade cGMP, cGACP, and ISO 17025 standards.

Product overview

Bud & Mary's is a multi-state cannabis operator offering a portfolio of medical and lifestyle cannabis brands powered by pharmaceutical-grade science. The product ecosystem includes core brands Batch Extracts (premium vapes, concentrates, live resin, pre-rolls), TheMyx (patented water-soluble THC dissolvable), NUO (wellness-focused tablets, creams, tinctures), Curated (premium limited-run flower with artist collaborations), and Bud & Mary's Flower (research-driven strains). The company operates cultivation, formulation, packaging, and dispensary operations across Colorado, Iowa, Michigan, Missouri, and Illinois, with a focus on product consistency, scientific rigor, and cannabis research.

Differentiator

Problem solved

Functional benefit

Brands

• Batch: Hand-crafted, small batch cannabis extracts including vape cartridges, concentrates, all-in-one vapes, and infused pre-rolls with zero harmful additives. Offers strain-specific and flavored options including Signature, Flavors, and Become lines.
• NUO
• TheMyx
• Curated
• Become

Products and services

• Batch Extracts Premium cannabis extract product line including vape cartridges, all-in-one vapes, concentrates, live resin, and infused pre-rolls with zero harmful additives. Designed for adult-use and medical cannabis consumers seeking strain-specific and natural fruit terpene profiles.
• TheMyx THC Dissolvable Powder Patented water-soluble THC dissolvable powder using micro-emulsification technology. Mixes into any food or beverage for faster onset, consistent dosing, and higher bioavailability. Targeted at cannabis consumers seeking discrete, precisely dosed edibles.
• NUO Wellness Line Science-backed cannabis wellness brand offering tablets, creams, and tinctures. Targets sleep relief and general wellness with clean, research-backed formulations for medical cannabis patients and wellness-focused adult consumers.
• Curated Premium Flower

Quantifiable outcome

• First DEA Schedule I research license holder for cannabis clinical trials in the United States
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature6 records

Partnerships

14 partnerships are on record, tiered core and minor.

• Como Health Holdings LLC (3Fifteen Primo Cannabis)coreStrategic or Co-development Partner · 11 December 2024Missouri-based company agreed to sell its processor business line to Bud & Mary's. Como Health Holdings operates 5 dispensary locations under 3Fifteen Primo brand and one Cookies-branded store. Transaction pending state approval at time of announcement.
• University of Colorado BouldercoreStrategic or Co-development PartnerLABeL Research Project evaluating accuracy of cannabis product label claims vs actual cannabinoid potency testing over 300 retail products. Partnership includes Edible Roulette study for standardized testing methods for cannabis edibles.
• University of IowacoreStrategic or Co-development PartnerSleep clinical trial partnership with University of Iowa College of Public Health's Cannabis and Older Person Study (COPS) and Institute for Clinical and Translational Science. Study involves patented intradermal gel for sleep improvement in adults over 50.
• Blazy SusancoreGTM or Marketing PartnerJoint Bar collaboration at Portage, Michigan retail location featuring custom pre-roll experience. Partnership for limited edition pre-rolls in pink papers for breast cancer awareness campaign (AWARE-N-US). Art Fest sponsorship for live art demonstrations.
• Des Moines MenaceminorGTM or Marketing Partner'Goals for Good' campaign donating $420 to Easterseals Iowa for every goal scored during 2025 regular season. Bud & Mary's serving as presenting sponsor of Single Game Tickets.
• Above + Beyond CancerminorGTM or Marketing PartnerIowa breast cancer awareness campaign partnership under AWARE-N-US initiative donating $2 per unit sold of Juicy Melon products to support cancer survivors and families.
• Lynn Sage FoundationminorGTM or Marketing PartnerIllinois breast cancer awareness partnership donating $2 per unit from Juicy Melon 2G 510 cart sales to support breast cancer research and programs.
• Pink FundminorGTM or Marketing PartnerMichigan and Colorado breast cancer awareness partnership donating $1 per unit sold from Juicy Melon and pre-roll products to provide financial support to breast cancer patients in treatment.
• Can Play Adaptive RecreationminorGTM or Marketing PartnerMissouri partnership launching limited-edition Strawmelon BATCH products with portion of proceeds benefiting Can Play's adaptive recreation programs for individuals with disabilities.
• Easterseals IowacoreGTM or Marketing PartnerLong-standing partnership with Easterseals Iowa including $15,000 donation, Corporate Volunteer of the Year award, volunteer activities at Camp Sunnyside, and Goals for Good campaign donations.
• Colorado State University Pueblo Institute of Cannabis ResearchcoreStrategic or Co-development PartnerGrant funding for cannabis research including investigation of product quality in Colorado's adult-use marijuana marketplace in collaboration with University of Colorado Anschutz and Boulder campuses.
• Northwestern University Feinberg School of MedicinecoreStrategic or Co-development PartnerPartnership with Department of Physical Medicine & Rehabilitation for cannabis research initiatives.
• Edward Hines Jr. VA Research ServicecoreStrategic or Co-development PartnerPartnership with Center of Innovation for Complex Chronic Health Care for cannabis research involving veterans.
• University of Illinois ChicagominorStrategic or Co-development PartnerPartnership with Center for Dissemination and Implementation Science for cannabis research.

Scale indicators6 records

Recent moves11 records

Expansion highlights6 records

Market position

Strengths4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/budmarycannabis
• Facebookfacebook.com/budmarys
• LinkedInlinkedin.com/company/budmary
• Instagraminstagram.com/budandmarys
• TikToktiktok.com/@budandmarys
• YouTubeyoutube.com/channel/UC54yPawokxByVm_efc53e6w

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Bud & Mary’s