Karma Club

What Karma Club does

Karma Club is a single-location recreational cannabis dispensary headquartered in Lincoln Park, Chicago, Illinois. The company was founded circa 2022 by Josh Weisbart and operates under the Illinois Cannabis Regulation and Tax Act, serving adult-use consumers 21 and over, medical marijuana cardholders, veterans, seniors, SSDI recipients, and Lincoln Park business employees. Its core offering is a curated retail menu spanning flower, pre-rolls, vapes, concentrates, edibles, tinctures, and topicals, plus a small branded merchandise line (apparel, hats, bags, jerseys). All transactions occur in-store at 1590 N Clybourn Ave (open daily 9am-10pm); online pre-ordering for in-store pickup is available through the third-party I Heart Jane platform, but delivery is not offered per state regulation.

The company generates revenue through one-time retail transactions with no membership or subscription component. Pricing is unit-based across product categories, augmented by a tiered discount stack (medical 30%, industry 30%, veteran 25%, senior 10% with a 20% Sunday promotion, Local Love 10%, SSDI 10%, first-time buyer 10%) and a points-based loyalty program (1 point per dollar spent excluding tax, redeemable at 300/600/900 point thresholds for $5/$10/$20 off) plus a birthday free pre-roll. Customer acquisition is driven primarily by a sizable Instagram following (~1.04M on @karmaclub_chi), supplemented by Facebook, LinkedIn, an opt-in email newsletter ('The Karma Post'), SMS marketing, on-site educational cannabis content, and community events. Headcount is in the 11–50 range; revenue, ownership structure, funding history, and management roster beyond the founder are not publicly disclosed.

Name

Karma Club

Legal name

Karma Club

Website

https://karmaclubchicago.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Karma Club is a single-location recreational cannabis dispensary in Lincoln Park, Chicago, founded circa 2022, selling flower, pre-rolls, vapes, concentrates, edibles, tinctures, topicals, and merch to adult-use consumers via in-store and online pre-order pickup.

Ownership category

akta.pro rank

Product category

Cannabis Dispensary Retail

NAICS

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

akta.pro primary industry

Cannabis Dispensary with On-Site Consumption Lounge (where permitted) (CRANAFAF)

akta.pro secondary industries

Cannabis Accessories & Smoke Shops (Pipes, Papers, Grinders) (CRANAHAG), Cannabis Dispensary + Wellness/Apothecary Format (Supplements, Skincare, etc.) (CRANAFAJ)

Keywords

• Cannabis dispensary
• Recreational cannabis retail
• Cannabis flower
• Cannabis edibles
• Online pre-order pickup

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Cannabis Product Retail: Revenue generated from in-store and online sales of recreational cannabis products including flower, pre-rolls, vapes, concentrates, edibles, tinctures, topicals, and accessories. No delivery offered per state regulations; pre-orders available for store pickup.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

Karma Club is a recreational cannabis dispensary in Lincoln Park, Chicago, selling flower, pre-rolls, vapes, concentrates, edibles, tinctures, topicals, and branded merchandise. It offers in-store retail and online pre-ordering for in-store pickup, plus a loyalty rewards program and daily discounts.

Product overview

Karma Club is a recreational cannabis dispensary located in Lincoln Park, Chicago, Illinois, operating under the Illinois Cannabis Regulation and Tax Act. The dispensary offers a curated menu of cannabis products centered around five core categories: flower (dried cannabis buds), vapes (concentrated oil cartridges and disposables), edibles (infused food and beverages), pre-rolls (pre-made cannabis cigarettes), and concentrates (high-potency extracts including live rosin and live resin). Additional product lines include tinctures and topicals for alternative consumption methods, as well as branded merchandise. The dispensary also provides online pre-ordering through an integrated platform, a loyalty rewards program, and various discount programs for veterans, medical patients, seniors, and first-time visitors. Products are available exclusively for in-store pickup, with no delivery service offered per Illinois state regulations.

Differentiator

Problem solved

Functional benefit

Products and services

• Cannabis Flower Dried cannabis buds sold by weight (grams), available in indica, sativa, and hybrid strains with varying THC potency levels, for recreational consumers 21+.
• Vapes Cannabis vape cartridges and disposable pens containing concentrated cannabis oil in various strain types and THC levels, for recreational consumers.
• Edibles Cannabis-infused food and beverage products including gummies, chocolates, and beverages with measured THC dosages, for recreational consumers.
• Pre-Rolls Pre-rolled cannabis cigarettes available in various sizes (0.35g to 2.5g), including infused varieties with diamond/crumble enhancements.
• Concentrates High-potency cannabis extracts including live rosin, live resin, and distillate products in various forms, for recreational consumers.
• Tinctures Liquid cannabis extracts taken sublingually, available in various CBD:THC ratios for different therapeutic effects.
• Topicals Cannabis-infused creams, lotions, and balms applied to skin for localized relief without psychoactive effects.
• Merch Branded apparel and merchandise including t-shirts, hoodies, hats, bags, and jerseys featuring Karma Club branding.
• Online Pre-Order & Pickup Online ordering system allowing customers to browse the menu, place orders, and pick up in-store, using the I Heart Jane platform for order management. No delivery per Illinois state regulations.
• Karma Loyalty Program Rewards program earning 1 point per dollar spent (excluding tax), redeemable for discounts (300 points = $5 off, 600 points = $10 off, 900 points = $20 off), plus a birthday free pre-roll.

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Direct peers

• Dispensary33: Long-running independent Chicago adult-use and medical dispensary operating single locations in the city. Direct comparable as another premium, single-store Chicago operator competing for similar recreational customers.
• MOCA Modern Cannabis: Chicago-based recreational cannabis dispensary focused on a modern, curated retail experience. Directly comparable single-location operator in the same urban Illinois market.
• Verilife: Multi-state cannabis dispensary chain with Illinois locations including the Chicago metro. Direct retail peer offering comparable product assortments and pricing structures.
• Zen Leaf: Multi-state cannabis dispensary brand with Illinois locations. Comparable adult-use retailer offering similar flower, edible, and concentrate assortments.
• Mission Dispensaries: Illinois-licensed cannabis dispensary operator with multiple locations statewide. Directly comparable retail format and product mix targeting adult-use consumers.

Broad incumbents

• Green Thumb Industries (Rise Dispensaries): Chicago-headquartered multi-state cannabis operator with 'Rise' branded dispensaries including locations in Illinois. Broad incumbent competing in the same Chicago market with materially greater scale and capital.
• Cresco Labs (Sunnyside): Illinois-licensed multi-state cannabis operator running Sunnyside retail stores in Illinois. Large incumbent overlapping Karma Club's product categories and customer base with significantly larger footprint.
• Curaleaf: Multi-state cannabis operator with Illinois retail presence offering flower, vapes, edibles, and concentrates. Competes in the same product categories but at much greater scale and geographic reach.
• Columbia Care (now The Cannabist Company): Multi-state cannabis operator with Illinois retail presence under the 'Cannabist' brand. Broad incumbent overlapping Karma Club's product categories and customer segments.

Others

• I Heart Jane: Cannabis e-commerce and ordering platform used by Karma Club for online menu and pre-orders. Ecosystem/enabling partner rather than a direct retail competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/karma-club-chicago
• Instagraminstagram.com/karmaclub_chi
• Xx.com/KarmaClubChi

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Karma Club