Greenside Recreational

What Greenside Recreational does

Greenside Recreational is a privately held cannabis retailer operating two licensed dispensaries in Washington State: its original Des Moines location (23407 Pacific Hwy S, opened 2014) and a newer Queen Anne, Seattle location (523 Queen Anne Ave N, opened 2024). The company's roots trace to 2011, when it began as Greenside Medical, a medical-only dispensary in Lake City, positioning it as one of the earliest operators to transition into the legal recreational market when Washington State legalized adult-use cannabis in 2014. It serves adults 21 and older with a standard adult-use assortment — flower, pre-rolls, concentrates, edibles, topicals, and smoking accessories — alongside a smaller medical cannabis offering at the Des Moines store.

The core operating model is direct-to-consumer retail. Transactions occur in-store with assistance from knowledgeable budtenders, supplemented by online ordering through the Jane platform for in-store pickup. Per Washington banking regulations, the dispensaries operate on a cash-only basis with on-site ATM access. A VIP membership program (10% off the first visit, 10% off every tenth visit) and an active blog/event-sponsorship marketing program drive repeat traffic and localized brand awareness, with content explicitly tied to nearby tourist anchors (Climate Pledge Arena, the Space Needle, SeaTac Airport).

Revenue mechanics are entirely retail, with point-of-sale transactions across two storefronts; pricing is not publicly disclosed and there are no subscription or wholesale revenue streams. The business is owner-operated (co-owners Dave and Seth) with no disclosed institutional investors, parent company, or M&A activity, and headcount is reported in the 11–50 range. Strategic activity has been limited and organic, centered on the 2024 Queen Anne expansion and curated producer partnerships (Artizen, Avitas, Goodship) that differentiate the assortment rather than scale through acquisition.

Name

Greenside Recreational

Legal name

Greenside Recreational

Website

https://greensiderec.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

Greenside Recreational is a privately held cannabis dispensary operating two retail storefronts in Washington State (Des Moines and Queen Anne, Seattle), selling recreational and medical cannabis products and accessories to adults 21 and older since 2011.

Ownership category

akta.pro rank

Product category

Recreational Cannabis Dispensary

SIC

Retail-Drug Stores And Proprietary Stores (5912)

akta.pro primary industry

Adult-Use (Recreational) Cannabis Dispensaries (CRANAFAA)

akta.pro secondary industries

Medical Cannabis Dispensaries (CRANAFAB), Cannabis Dispensary + Delivery/Online Pickup (Omnichannel Retail) (CRANAFAG), Cannabis Dispensary + Ancillary Retail (Accessories, CBD/Hemp, Merchandise) (CRANAFAH)

Keywords

• Recreational cannabis retail
• Cannabis dispensary services
• Marijuana product sales
• Smoking accessories retail
• Online cannabis ordering

Headquarters

HQ city

Des Moines

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Retail Cannabis Sales: Point-of-sale retail of recreational cannabis products including flower, concentrates, pre-rolls, edibles, and smoking accessories. Products sourced from various branded vendors and suppliers.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Greenside Recreational operates licensed cannabis dispensaries in Washington State selling adult-use recreational cannabis products—flower, pre-rolls, concentrates, edibles, topicals, and smoking accessories—across two storefronts (Des Moines since 2014 and Queen Anne, Seattle since 2024). The dispensaries provide assisted retail via knowledgeable budtenders, online menu browsing and pre-ordering for in-store pickup, a VIP rewards program, and dedicated medical cannabis services at the Des Moines location for qualifying patients.

Product overview

Greenside Recreational operates as a licensed cannabis dispensary in Washington State, offering recreational and medical cannabis products. The core offering is retail dispensary services across two locations (Des Moines and Queen Anne, Seattle), supported by an online ordering system via the Jane platform. Product portfolio includes cannabis flower, pre-rolls, concentrates, edibles, topicals, CBD products, and smoking accessories. The company also operates a VIP membership rewards program offering progressive discounts and provides dedicated medical cannabis services at the Des Moines location.

Differentiator

Problem solved

Functional benefit

Products and services

• Recreational Cannabis Dispensary Retail Licensed adult-use (21+) cannabis retail dispensary operating two storefronts in Washington State (Des Moines since 2014 and Queen Anne, Seattle since 2024). Sells cannabis flower, pre-rolls, concentrates, edibles, topicals, and smoking/accessory products sourced from branded producers, with on-site budtender assistance and ID verification.
• Medical Cannabis Services Dedicated medical cannabis offering at the Des Moines location serving qualifying medical patients, building on the company's origins as Greenside Medical (founded 2011). Provides medical-grade cannabis products and patient-facing services distinct from the recreational dispensary.
• Queen Anne Dispensary Location Second physical retail dispensary of Greenside Recreational, located at 523 Queen Anne Ave N, Seattle, WA 98109, near the Space Needle and Climate Pledge Arena. Extends adult-use cannabis retail to the Queen Anne neighborhood with the same product line and ordering options as the Des Moines location.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered minor and core.

• DOPE MagazineminorGTM or Marketing PartnerDOPE Magazine is a cannabis industry publication. Greenside Recreational was a sponsor of DOPE Magazine events including the Industry Awards and Star Wars movie premiere party. Relationship involves event sponsorship and media coverage.
• Culture MagazineminorGTM or Marketing PartnerCulture Magazine is a cannabis industry publication. Listed as an official sponsor for the Enter The Greenside Episode 7 Star Wars movie premiere party event.
• The Original CannabusminorGTM or Marketing PartnerThe Original Cannabus provides on-site dab bar services at events. Was on-site at the 2015 DOPE Industry Awards event where Greenside Recreational won Retailer of the Year.
• Artizen Cannabis CompanycoreStrategic or Co-development PartnerArtizen Cannabis Company is a producer partner. Their dedication to quality control through in-house, hand-crafted artisan approach makes them a featured brand at Greenside. Strains include Blue Dream, Allen Wrench, and Grape Ape.
• Avitas AgriculturecoreStrategic or Co-development PartnerAvitas Agriculture is a CO2 oil extraction company producing cannabis extracted oils in Sativa, Indica, and Hybrid variations. Their products are regularly top sellers, with refill kits available.
• The Goodship CompanycoreStrategic or Co-development PartnerThe Goodship Company produces cannabis edibles. Their Saigon Cinnamon Snickerdoodle Cookie was Seattle's favorite edible product according to November 2015 sales.

Scale indicators3 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Curaleaf Holdings: One of the largest multi-state cannabis operators in the U.S. with retail dispensaries across numerous states. Comparable as a broader industry incumbent whose scale, vertical integration, and capital base represent the long-term competitive pressure Greenside faces from MSOs.
• Green Thumb Industries: Multi-state cannabis consumer packaged goods and retail operator with dispensary locations across the U.S. Comparable as a broad incumbent whose Rise dispensary brand and scale advantages represent the structural competitive ceiling for independent operators.
• Trulieve Cannabis Corp. Multi-state cannabis operator with one of the largest dispensary footprints in the U.S. Comparable as a broad incumbent whose scale, branded products, and capital access shape competitive dynamics for independent dispensaries like Greenside.

Direct peers

• Herbn Elements: Washington State cannabis dispensary operator with multiple Seattle-area locations. Directly comparable independent adult-use retailer in the same regional market with overlapping customer base and similar curated-product positioning.
• The Novel Tree: Washington State licensed cannabis retailer operating multiple dispensary locations in the Seattle area. Directly comparable as a multi-store WA adult-use cannabis retailer targeting similar customer segments with similar product mix and order-ahead pickup.
• Diego Pellicer: Multi-state cannabis retailer with significant Washington State dispensary presence. Directly comparable as a branded cannabis retail operator in WA competing for adult-use customers with similar flower, concentrate, and edible assortments.
• Have a Heart Compassion Care: Established cannabis retail chain with multiple Washington State locations. Directly comparable multi-store WA dispensary operator with adult-use and medical licensing, similar store-level operations, and overlapping supplier relationships.
• Uncle Ike's Pot Shop: Iconic Seattle-based independent cannabis dispensary chain operating multiple retail locations across the Seattle metro. Highly comparable independent operator with multi-store footprint in the same Washington market, competing for the same adult-use consumer and tourist traffic.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/greensiderecreational

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Greenside Recreational