HPC-Hueneme Patient Consumer Collective, LLC Investor Portal

HPC-Hueneme Patient Consumer Collective, LLC

Providing Clean, Quality Grown Cannabis to Medical and Adult-Use Customers

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HPC-Hueneme Patient Consumer Collective, LLC
506(c) Offering Platform

INTRODUCTION TO OUR COMPANY

Hueneme Patient Consumer Collective, LLC (“HPC”, or the “Company”), began operations on April 18, 2018 with the purpose of pursuing a commercial cannabis dispensary license in Port Hueneme, California. HPC is dedicated to clean, quality grown cannabis and will offer deliveries to medical and adult-use customers. The Company’s legal structure was formed as a limited liability company (LLC) under the laws of the State of California on July 21, 2017. The Manager of the Company is Beth Thuna and executive management personnel include Sandy Dunne, Ericka Tutino, and Sean Frank.

HPC is a brand of cannabis retail store that will provide a unique shopping experience. The Company’s planned retail stores will be, assuming adequate capitalization and approvals, located throughout California, with headquarters in Ventura County. The Company also intends to accommodate online ordering and direct-to-door delivery. Our knowledgeable customer service professionals, known as “budtenders”, will navigate and guide our customers through our vast product variety featuring locally sourced medicines along with our core product line of the highest quality cannabis flowers, concentrates, edibles and more. HPC will be led by Beth Ann Thuna who will serve as CEO and is Manager of the Company.

During the first year of operations, HPC generated $3.1M in sales. HPC’s revenue increased to just under $9.9M during the 2nd year, and is projected to reach $12M in its 3rd year of operations at a single location.

[California] Sales will hit $3.1 billion in 2019 and $7.2 billion in 2024, which will be “40% larger than Canada and 253% larger than the next-largest state (cannabis market), Colorado.” If such growth is realized by 2024, sales could represent as much as one in four of all dollars spent in the U.S. on legal cannabis.

- mjbizdaily.com

HPC-Hueneme Patient Consumer Collective, LLC
506(c) Offering Platform

summary of operations

Our Mission

Our commitment to a seamless integration into the communities where we operate, is extremely important to us. We want to ensure that our plans are created and executed under the guidance of individuals respected by both City officials and Ventura County businesses. Therefore, we’ve established an Advisory Board specifically identified for their vast knowledge and familiarity with the mission, core values, and community of Ventura County is dedicated to providing an unparalleled experience that invites the consumer to discover the remarkable benefits of cannabis. The Company is building the future of cannabis as a consumer product because it believes that a world where cannabis is legal and regulated is safer, healthier and happier.

Natural Product Offerings

The health of our customers, as well as the community, is of paramount importance. Therefore, HPC has always carried a variety of natural cannabis product offerings at its existing locations and will continue to identify producers and cultivators that grow and produce products free of pesticides and chemicals.

HPC has hired a local and highly experienced individual in California that is dedicated to working with, identifying and securing potential natural product producers, assuming such products meet the high-quality assurance standards outlined above. The product procurement manager will continue to identify potential partnerships to ensure HPC has a wide variety of high-quality natural product offerings from a variety of sources.

HPC will work with licensed and compliant cannabis distributors to obtain high-quality cannabis and cannabis products at a variety of price points. Only by securing cannabis and cannabis infused products from a state licensed distributor can the Company ensure that all products have been tested in full compliance with the requirements of the Bureau of Cannabis Control. HPC will make cannabis good accessible by offering in-store purchases in the Showroom, online orders that are picked up in a designated area of the Showroom and delivery services. HPC will offer delivery services to qualifying in an effort to increase accessibility within the Ventura County Area.

Offering educational services targeted to the City of Oxnard

The HPC acronym (Helping People through Cannabis) is a central focus of the dispensary brand and summarizes the commitment to educating customers and improving quality of life. HPC will educate staff, patients, and customers on the latest science regarding the safe use of cannabis and different types of cannabis products. The adjacent flyer stack is an example of print educational materials that will be available for customers in the Waiting Room, on the Showroom floor and on the website. HPC will also provide quarterly seminars open to all interested in learning more about the cannabis plant and its uses, and when appropriate, HPC will provide referrals to substance abuse counselors.

DELIVERY

The ownership and management team’s current licensed dispensary facility, Hueneme Patient Collective (HPC), features one of the more prominent delivery services in Ventura County and in Southern California overall. The HPC ownership and management team, and in particular, Delivery Manager David Garcia, have comprehensive experience providing cannabis goods on delivery routes that include Oxnard and that span from Thousand Oaks to Ojai.

HPC plans to integrate the Port Hueneme facility model into a new expansive delivery service that offers incomparable access for residents of Ventura County and beyond.

delvivery area

Based on product type, the legal marijuana buds segment accounted for the largest market share in terms of revenue and was valued at USD 9.1 billion in 2019. Moreover, the rapid onset of action of smoking buds compared to other types is anticipated to further fuel the segment growth.

grandviewresearch.com | "Legal Marijuana Market Size Worth $73.6 Billion By 2027 | CAGR 18.1%", February 2020

HPC-Hueneme Patient Consumer Collective, LLC
506(c) Offering Platform

Company Management Team

The Company is currently managed by seasoned business and sector professionals dedicated to the success of the Company and efficient execution of its planned operations.

Steve Miller

Beth Thuna

President

Beth Ann Thuna is an individual whose mind ebbs and flows with creativity, as is evidenced by both her previous and current professional stints.

She started her cannabis career in 2018 when the first medical dispensary opened in Port Hueneme. Her current responsibilities including part-owner of The Roots Dispensary in Lompoc. She has also filled the role of Chief Exective Officer, where she oversaw all business operations, managed orders for multiple dispensary locations, and managed marketing campaigns.

While Beth joined the cannabis industry only a few years ago, as owner of the only woman owned and operated dispensary in Port Hueneme, Beth brings experience honed over the course of eighteen years as owner of a private graphic design and movie production company.

At HPC Beth will direct expenditures, expansion, and marketing efforts, with responsibilities that will include monitoring all revenue streams and expenditures on a quarterly basis to determine goals for improvement and overall operational efficiency. In addition to the internal operations, Beth will oversee our community benefits plan and serve as our community representative to the cities in which we operate. Responsibilities include establishing policies, goals, corporate culture and governance.

In April 2018, Beth launched one of California’s first State-licensed cannabis dispensaries: the Hueneme Patient Collective (HPC). Its namesake is partially derived from Ventura County’s smallest city, Port Hueneme, CA—renowned for its approximate 2.4 square mile size, and for it becoming the first city in the Ventura County to legally approve commercial cannabis for adult use, in December 2017. (In fact, HPC is one of the first dispensaries in California to receive such approval, having been issued a Temporary License by the Bureau of Cannabis Control.) HPC conducted business as a medical cannabis collective under California Proposition 64 until July 2018, where her application with the city to sell cannabis for recreational purposes was approved.

As founding member of HPC, Beth helped increase sales going from an average of 80 customers a day in 2018 to a present-day average of 550 customers a day. Furthermore, Beth was instrumental in growing HPC’s annual revenue from $5.5M in 2018, to an annual gross of $9.1M for the 2019, all while competition increased four-fold and one location opening its doors less than thirty-feet away.

A California native whose work has taken her across a variety of the State’s cities, Beth is the owner/creative director of Malibu’s GeoMetria Creative, producer/executive producer of Santa Monica’s 313 Films, and graphic designer/webmaster for Shabby Chic (which is also located in Santa Monica). In each of these roles, she leverages her creativity, social media marketing insight and website design acumen to manage workflow, increase online exposure and surpass customers’ expectations. These, among other skills, have greatly benefitted her with respect to her entry into the cannabis industry.

Beth has taken a keen interest in the cannabis industry founding HPC in 2016. Her experiences with and knowledge of cannabis and the operational management of their dispensaries—the likes of which she attributes in part to scrutinizing and learning from other dispensers’ mistakes—has cemented her position as an industry expert and earned her the respect such a position begets. And to serve Ventura County’s cannabis growers, fellow dispensaries and cannabis users (medical and recreational), she launched a delivery service in partnership with Tree Factory. Almost 5,000 people utilize this service, to the tune of an estimated 2,500 deliveries per month.

Cumulatively, HPC | Tree Factory have over 10 years’ experience in delivering cannabis goods from its facilities to customers’ homes. Their combined infrastructure is more than capable of servicing the entire State of California through a delivery business established for that purpose. And with regards to such an initiative, HPC | Tree Factory is well-versed with the factors that would influence its success; namely, confidentiality, discretion, driver safety and neighborhood sensitivity. Furthermore, they are properly equipped to continuously train persons on best industry practices, drivers’ etiquette and transportation security protocols.

Following her introduction to the cannabis industry and her involvement with HPC, Beth has founded dispensaries of her own, the newest of which is The Roots Dispensary, located in the Californian city of Lompoc. The Roots Dispensary opened its doors for business on September 15, 2019.

Sandy Dunne

Sandy Dunne

Director of Operations

Executive-level soft skills, versatility and multitasking are but a few of the competencies Sandra (Sandy) Dunne has brought to each position of employment she has assumed in her career. Her development of these skills and abilities started in college and university.

Sandy has more than two decades of experience in management and operations with an. emphasis in financial management, human relations, marketing, strategic planning, technical staff recruitment and business unit development.

To ensure ongoing financial success, Hueneme Patient Collective (HPC) will engage its Director of Operations to oversee and direct all expenditures, expansion, and marketing efforts, with responsibilities that will include monitoring all revenue streams and expenditures on a quarterly basis to determine goals for improvement and overall operational efficiency. Ms. Dunne also serves as our security representative/liaison.

The Bay Area was a home base for Sandra. She attended De Anza College in Cupertino, California, West Valley College in Saratoga, California, then pursued a higher education at San Diego State University. Once she graduated, she returned to the Bay Area and worked in a law firm, where the spent 7 years as a legal secretary to its attorneys.

Sandra eventually parted ways with the law firm to form a partnership and open an anodizing factory within Silicon Valley’s manufacturing industry, called Advanced Anodize, Inc. She served as its Accounting Manager/Vice President of Productions Management for 17 years, then moved forward to the corporate office of an engineering firm—she was hired to handle its accounting, logistics and procurement.

Sandra went on to pursue another opportunity, this time as an Operations Manager with Abel Automatics, Inc. Her proficiencies were of considerable value to the business; together with its Chief Executive Officer and Vice President, they resolved the issues that caused extensive losses (such as order backlogs and staffing issues) via company restructuring, a consolidation of its operations, and the migration of its manufacturing site to its sister company in Colorado. With Sandra’s input, Abel Automatics, Inc. generated $6,000,000.00 in sales for 1 year.

With a wealth of proven managerial experience under her belt, Sandra capitalized on yet another opportunity to become a valued member of the licensed cannabis dispensary called HPC, located in Port Hueneme, CA. Establishing critical functions and process control standards, overseeing and augmenting HR management and guiding staff managers are among the contributions she has made to HPC in an effort to make its financial and operational sectors more efficient.

As one of the first dispensaries to be licensed by the Bureau of Cannabis Control, it is naturally expected that HPC will emerge as a business leader in the cannabis industry. That is an objective that requires a group effort to fulfil, and Sandra is certainly a member of a team of industrious individuals who have collectively made HPC a business worth $10,000,000.00 as of 2019, with vast expansion of its growth to follow for 2020.

JEFF WILER

Ericka Tutino

Manager of Retail Operations

Above all else, being a veteran means sacrificing parts of oneself for a greater, patriotic good. Ericka Tutino, a second-generation Italian-American born and raised in Pittsburgh, Pennsylvania, knows this well; indeed, her introduction to cannabis was as a direct result of the time she spent in the Navy, which she enlisted in at the age of 17 after graduating from a suburban high school in Pittsburgh in 2007.

Ericka Tutino will lead efforts to train employees to educate customers and will ensure that employees are providing customers with the highest caliber of customer service. As General Manager at HPC, Ericka has trained and managed dozens of cannabis retail staff members, and under her leadership, HPC has become one of the busiest cannabis dispensaries in the nation, recognized for exceptional products and patient services.

After completing basic and accession training in the Navy, Ericka emigrated to California, was stationed at NVBC Port Hueneme and was deployed to Bagram, Afghanistan for 8 months. She was deployed to Afghanistan again following an 8-month home port before her 21st birthday (this deployment lasted 7 months). Her final deployments (which occurred after another home port lasting 1 year) were to Djibouti, East Africa and Zanzibar, Tanzania. In Zanzibar, she helped build rainwater encashments at a local Zanzibari school in a bid to establish a positive relationship between the U.S. and Zanzibar governments. She retired from the Navy in December 2012 and was awarded an Army Achievement Medal for time served in Africa, as well as 2 Navy Achievement Medals for time served in the Navy generally.

Unfortunately, Ericka encountered health-related issues stemming from her Navy deployments in Afghanistan’s and Africa’s arid environments. Rather than rely on the overburdened healthcare system of the United States Department of Veterans’ Affairs, she on recommendation by another veteran began self-medicating with cannabis at 23 years of age, with considerable success. This segued into her earning a college education in plant biotechnology and, as of 2018, becoming the General Manager of Hueneme Patient Collective—a cannabis dispensary licensed by the Bureau of Cannabis Control, located in Port Hueneme, CA.

As the General Manager of Hueneme Patient Collective (HPC), Ericka is responsible for selecting, interviewing and training prospective employees; organizing the lunch and shift schedules of current employees; managing the business’ cash deposits, vault logs, cash exchanges and employees’ tips; adjusting inventory as required; advertising HPC’s deals and promotions, while ensuring that its operations are in line with Marijuana Enforcement Tracking Reporting Compliance (METRC) guidelines; enforcing HPC’s occupancy limits (in observance of fire code standards); managing its cash flow; and addressing returns, refunds and other customer service issues as they arise.

As Director of Retail Operations, Ericka manages a staff or shift managers, floor managers, over sixteen budtenders running two shifts operating 7 days a week and 365 days a year, servicing over 17,000 customers monthly. Ericka has been with this facility through the integration of recreational cannabis into the market and continues to help existing facilities through that process.

In addition to Ericka has helped design, build and operate our other dispensary in Lompoc, California, The Roots Dispensary in Lompoc, CA another of California’s licensed dispensaries. During this stint, she conducted interviews and provided product/sales training to its employees, product procurement, compliance, marketing, team management, cannabis regulation familiarity, the proper care and disposal of cannabis and cannabis waste, customer relations, medical cannabis client procedures, standard operating procedure development, inventory management; all which led to a profitable grand opening for the business.

As an individual whose profession is now centered on cannabis, and who assists with the operation of two licensed dispensaries, it is clear Ericka reposes confidence in cannabis, its medicinal properties and other capabilities as a drug, and its profitability.

Steve Miller

Sean Frank

Manager of Customer Relations

Sean Frank began bud-tending at The Dank Bank in the Los Angeles. His duties as budtender were to educate medical marijuana patients and guide them towards the appropriate strain or product. Offering dried flower, concentrates, edibles, topicals and joints to patients. In 2016, Sean started at Hueneme Patient Collective (HPC) quickly becoming a manager within months and now Director of Customer Relations.

As Director of Customer Relations, Sean manages his team to provide superior customer service guided by standards compliant with medicinal/recreational cannabis laws, as well as maintaining lucrative business relationships with producer processors for competitive prices in a budding industry. Education and compliance are consistent themes in Sean’s endeavors. His knowledge of the benefits of Cannabis has enabled him to innovate, share, and lead with compassion and courage in what has been a challenging industry. In this position of employment, his duty is to assure HPC interacts with its customers courteously, effectively and plainly.

Sean Frank discovered his affinity for cannabis at a relatively early stage of his adult life. He was born in Ventura County, California, and his childhood played out in the city of Oxnard. He graduated from Oxnard High in 2005, where he played golf and water polo for 4 years. He then enrolled in college, but the experience revealed within him a spirit geared towards entrepreneurism. Faced with that revelation, he left college to work for the father of one of his friends, renovating garages. It is at this time that he started growing cannabis, which became his passion. Since then, he has remained steadfast in his commitment to make his mark in the cannabis industry.

In 2011, Sean worked as the Lead Manager/Head of Growing Operations of The Dank Bank—a medical cannabis dispensary in San Diego, California—where he managed cannabis cultivation, inventory and employees. Then, in 2015, he served as head chef/master extractor of Punch Edibles, a business that “was born on the idea of providing potent edibles in a small package.” The position involved producing and packaging cannabis chocolates for sale, a position which he fulfilled for a total of 2½ years. As of 2018, he has settled into his role as the Director of Customer Relations for HPC in Port Hueneme, California.

Through his long exposure to the industry, Derek is an expert in the entire supply chain, from cultivation to product procurement to sales. With his experience as an independent entrepreneur and as a tireless cannabis advocate. Given how enthusiastic Sean is about medical cannabis and the medical cannabis industry, he will be utilizing the knowledge and skills he developed therein for the foreseeable future.

The global legal marijuana market size is expected to reach USD 73.6 billion by 2027, according to a new report published by Grand View Research, Inc. It is anticipated to expand at a CAGR of 18.1% during the forecast period. Increasing legalization of cannabis for medical as well as adult-use is expected to promote growth.

HPC-Hueneme Patient Consumer Collective, LLC
506(c) Offering Platform

terms of the offering

$5,000,000

Minimum Offering: $2,500,000

Minimum Subscription: $10,000 (4 Notes)

The Company is offering a minimum of 1,000 and a maximum of 2,500 Series A Convertible Promissory Notes at a price of $2,500 per Note. Upon completion of the Offering between 1,000 and 2,500 Series A Convertible Promissory Notes will be issued.

Series A Convertible Promissory Note Terms

Series: A

Maturity: 36 Months from Issuance

Face Amount: $2,500

Interest Rate:

7% per annum due and payable on the Maturity Date and shall be calculated on the basis of a 365-day year for the actual number of days elapsed. Accrued interest shall be payable at the end of the first year and quarterly thereafter until the Maturity Date.

Conversion Terms

  • (a) In the event that the Company issues and sells Common Membership Interests to investors (the “Investors”) on or before the date of the repayment in full of this Note in an equity financing resulting in gross proceeds to the Company of at least$15,000,000 (a “Qualified Financing”), then the outstanding principal balance of this Note shall automatically convert in whole without any further action by the Holder into such Common Membership Interests at a conversion price equal to 80% of the per Membership Interest price paid by the Investors (assuming full conversion or exercise of all convertible and exercisable securities then outstanding other than the Notes), and otherwise on the same terms and conditions as given to the Investors. Any unpaid accrued interest on this Note shall be converted into Common Membership Interests on the same terms as the principal of the Notes.
  • (b) In the event that a Qualified Financing is not consummated prior to the Maturity Date, then, at the election of the Requisite Holders made at least five days prior to the Maturity Date, effective upon the Maturity Date, the outstanding principal balance and any unpaid accrued interest under this Note shall be converted into shares of Common Membership Interests of the Company at a conversion price equal to 80% of the per Membership Interest value as determined by a third party performed business valuation and business appraisal service.

Maturity Date:

Unless this Note has been previously converted in accordance with the terms of Sections 3(a) through (c) above or satisfied in accordance with the terms of Section 3(d) above, the entire outstanding principal balance and all unpaid accrued interest shall become fully due and payable on the Maturity Date.

Prepayment:

The Company may not prepay this Note prior to the Maturity Date without the consent of the Requisite Holders.

CONTACT US

Please complete the contact form and we will get back to you about any questions you have about our offering.

HPC-Hueneme Patient Consumer Collective, LLC - 501 West Channel Islands Blvd. Third Floor - Port Hueneme, CA 93041 — hello@420hpc.com — (805) 874-3151

HPC-Hueneme Patient Consumer Collective, LLC
506(c) Offering Platform

so much more than what you see

prospect dashboard

The HPC-Hueneme Patient Consumer Collective, LLC 506(c) Investor Portal provides the opportunity to learn about our investment opportunity. Once registered, you will have:

  • Access to the Private Placement Memorandum, which outlines our company and gives greater detail about our offering;
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Once your account is upgraded you will have additional access including:

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