Beehive Farmacy

What Beehive Farmacy does

Beehive Farmacy is a privately held, Utah-based medical cannabis pharmacy operating two licensed dispensary locations — a flagship in Salt Lake City (1991 S 3600 W) with a 2-lane drive-thru and a second store in Brigham City serving Box Elder, Weber, and Cache counties. The company serves adult Utah residents who hold valid medical cannabis cards issued under the Utah Medical Cannabis Act, with qualifying conditions spanning chronic pain, PTSD, cancer treatment symptoms, multiple sclerosis, and epilepsy. First-time patients are required to complete a pharmacist consultation (in-person or via video) before their initial purchase, positioning pharmacist guidance as a core service rather than a transaction-only retail experience.

The company's product assortment spans flower, vape cartridges, live resin, RSO, hash, wax, tinctures, topical creams, tablets and capsules, transdermal patches, gelatinous cubes, and vaporization devices. Beehive Farmacy operates its own Craft Indoor Cultivation facility in Utah, which produces the proprietary Buzz and Beeline indoor-grown, hand-trimmed flower brands. Sourcing is otherwise constrained to Utah-grown or Utah-manufactured suppliers per state law. Distribution channels include in-store purchasing, online order-ahead with drive-thru and in-store pickup, and a limited home delivery service for mobility-limited, hospice, retirement, and assisted-living patients via a special application process. Marketing is anchored by an educational blog, patient onboarding resources, and a VIP Text Club rewards program providing daily deals and vendor discounts.

The business model is transaction-based retail medical cannabis sales to verified cardholders in a state-licensed, supply-constrained market. Revenue is generated per transaction across product categories, supplemented by vendor-funded daily deals and a loyalty program that drives repeat visits and customer engagement. The company is locally owned with all Utah-based operators, led by CEO Bijan Sakaki, with Mindy Madeo serving as Pharmacist in Charge at the Brigham City location. No external investors, parent company, or venture funding are disclosed in the source data.

Name

Beehive Farmacy

Legal name

Beehive

Website

https://beehivefarmacy.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Beehive Farmacy is a Utah-based, privately held medical cannabis pharmacy operating two licensed dispensary locations (Salt Lake City and Brigham City), serving verified Utah medical cannabis cardholders with curated cannabis products, in-house Cultivation brands (Buzz and Beeline), pharmacist consultations, online ordering, and limited home delivery.

Ownership category

akta.pro rank

Product category

Medical Cannabis Pharmacy

NAICS

Pharmacies and Drug Retailers (456110), Medicinal and Botanical Manufacturing (325411)

SIC

Retail-Drug Stores And Proprietary Stores (5912), Medicinal Chemicals & Botanical Products (2833)

akta.pro primary industry

Medical Cannabis Dispensaries (CRANAFAB)

akta.pro secondary industries

Cannabis Dispensary + Pharmacy/Clinical Model (Patient Services) (CRANAFAI), Cannabis Dispensary + Delivery/Online Pickup (Omnichannel Retail) (CRANAFAG)

Keywords

• Medical cannabis pharmacy
• Medical marijuana dispensary
• Cannabis cultivation
• Pharmacist consultation
• Cannabis retail

Headquarters

HQ city

Salt Lake City

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Retail Medical Cannabis Sales: Transaction-based retail sales of medical cannabis products including flower, vape cartridges, tinctures, topicals, capsules, concentrates, and other medical cannabis products to verified medical cannabis cardholders in Utah.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Beehive Farmacy operates medical cannabis pharmacies in Utah that sell a curated menu of medical cannabis products — including indoor-grown flower, concentrates, tinctures, topicals, capsules, transdermal patches, gelatinous cubes, and vaporization devices — to verified medical cannabis cardholders. The company also provides mandatory pharmacist consultations for new patients, online ordering with drive-thru and in-store pickup, and limited home delivery for qualifying patients.

Product overview

Beehive Farmacy operates as a medical cannabis pharmacy with two physical dispensary locations in Utah (Salt Lake City and Brigham City) and a home delivery service for patients with limited mobility. The company offers a curated menu of medical cannabis products including flower (indoor-grown, hand-trimmed), concentrates (live resin, RSO, hash, wax, vape cartridges), tinctures, topical creams, tablets, capsules, transdermal patches, and gelatinous cubes. Their own craft indoor cultivation produces Buzz and Beeline branded flower products. The pharmacy provides pharmacist consultations (required for new patients), operates a VIP Text Club rewards program, and offers online order-ahead with drive-thru pickup. All products are sourced from Utah-grown or manufactured suppliers per state law.

Differentiator

Problem solved

Functional benefit

Brands

• Buzz: Indoor cultivated cannabis flower brand under Beehive's Craft Indoor Cultivation facility
• Beeline

Products and services

• Medical Cannabis Flower Indoor-grown, hand-trimmed cannabis flower sold to Utah medical cannabis cardholders, including products from Beehive's own Craft Indoor Cultivation facility.
• Medical Cannabis Concentrates Concentrated cannabis products including vape cartridges, live resin, RSO (Rick Simpson Oil), hash, and wax for medical consumption by Utah cardholders.
• Medical Cannabis Tinctures Liquid cannabis extracts administered sublingually for precise dosing and rapid absorption, sold to Utah medical cannabis patients.
• Medical Cannabis Topical Creams Topical cannabis creams applied externally for localized relief without psychoactive effects, sold to Utah medical cannabis patients.
• Medical Cannabis Tablets and Capsules Pre-dosed tablet and capsule forms of cannabis for consistent, measured consumption, sold to Utah medical cannabis patients.
• Transdermal Patches Cannabis-infused patches applied to the skin for extended, controlled release of cannabinoids into the bloodstream, sold to Utah medical cannabis patients.
• Gelatinous Cubes Edible cannabis products in cube form, permitted under Utah medical cannabis regulations and sold to Utah cardholders.
• Cannabis Vaporization Devices Medical cannabis devices (such as Volcano vaporizers) that heat cannabis material into vapor without flame for respiratory delivery, sold to Utah medical cannabis patients.
• Buzz Flower (Craft Indoor Brand) Proprietary indoor-grown cannabis flower brand produced through Beehive Farmacy's Craft Indoor Cultivation facility in Utah.
• Beeline Flower (Craft Indoor Brand) Proprietary indoor-grown cannabis flower brand produced through Beehive Farmacy's Craft Indoor Cultivation facility in Utah.
• Pharmacist Consultation Services Pharmacist consultations for medical cannabis patients covering drug interactions, dosage forms, and product selection toward individual treatment goals, available in-person or via video for first-time and returning patients.
• Home Delivery Service Home delivery of medical cannabis products for patients with limited mobility, hospice patients, and those in retirement or assisted living facilities who cannot visit pharmacies in person.

Quantifiable outcome

• Utah's medical cannabis program has grown to over 100,000 active cardholders

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Green Thumb Industries (GTI): Green Thumb Industries operates a national portfolio of cannabis retail, cultivation, and consumer brands (including Rythm and Dogwalkers). Its integrated retail-plus-cultivation model and branded flower SKUs are directly comparable to Beehive Farmacy's Buzz and Beeline approach, only at multi-state scale.
• Curaleaf Holdings: Curaleaf is a multi-state cannabis operator with dispensary, cultivation, and processing operations across numerous U.S. states. Although not currently operating in Utah, it is a broad incumbent that demonstrates the scaled dispensary + vertical cultivation model Beehive Farmacy applies at a regional level.
• Cresco Labs: Cresco Labs is a multi-state cannabis operator with retail (Sunnyside), cultivation, and branded product lines. Comparable to Beehive Farmacy for combining pharmacy-style dispensaries with proprietary branded flower and concentrates.
• Trulieve Cannabis Corp. Trulieve is one of the largest U.S. multi-state cannabis retailers with integrated cultivation, dispensary, and product brand portfolios. It is a broad incumbent comparable to Beehive in combining retail pharmacy operations with proprietary in-house flower brands.

Direct peers

• Dragonfly Wellness: Dragonfly Wellness operates Utah medical cannabis dispensaries with pharmacist consultations and online ordering. It directly competes with Beehive Farmacy for Salt Lake City-area medical cannabis patients under identical state regulatory rules.
• Pure Utah Medical Cannabis: Pure Utah operates licensed medical cannabis pharmacies in Utah with pharmacist consultations and a similar dispensary + delivery mix. It competes head-to-head with Beehive Farmacy for the same cardholder base under the same state program.
• Deseret Wellness: Deseret Wellness is a Utah medical cannabis pharmacy with retail locations serving state cardholders. It overlaps with Beehive Farmacy in product assortment (flower, concentrates, tinctures, topicals), pharmacist-led service model, and Utah-only geography.
• WholesomeCo Cannabis: WholesomeCo is a Utah-licensed medical cannabis pharmacy operating multiple dispensaries and home delivery under the same Utah Medical Cannabis Act framework as Beehive Farmacy. Both companies serve verified cardholders, operate online ordering with delivery, and compete for the same in-state patient pool, making it the closest direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/beehive-farmacy

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Beehive Farmacy