[500 STARTUPS DEMO DAY 2015] BATCH 13, Nancy

TL;DR

Nancy offers CBD-based pain relief products without the high, targeting the $19 billion painkiller industry.

Transcript

hi I'm Samantha Strom and I'm the founder and CEO of Nancy and we've created a pain reliever from cannabis now there are a hundred million Americans struggling with chronic pain depression and anxiety now that means that a third of the people in this room right now is suffering with one of those issues Kent used to be one of those guys he's a milit... Read More

Key Insights

• 👨‍🎨 Nancy offers CBD-based pain relief products without the high, catering to the growing demand for alternative pain management solutions.
• 😤 The team at Nancy consists of professionals with diverse backgrounds, ensuring a well-rounded approach to addressing chronic pain, depression, and anxiety.
• 📈 With the increasing trend of marijuana legalization, Nancy has a significant growth potential in the evolving cannabis industry.

Questions & Answers

Q: How does Nancy differentiate its pain relief products from traditional painkillers?

Nancy's products offer medicinal qualities of cannabis without the high, ensuring non-addictive pain relief that is discreetly packaged and legal nationwide.

Q: What is the market potential for Nancy in the evolving marijuana industry?

With the rapid legalization of marijuana in ten states and the increasing demand for alternative pain relief options, Nancy has a significant growth opportunity in the $19 billion painkiller market.

Q: What expertise does the team at Nancy bring to the table?

The team comprises professionals with backgrounds in MBAs, JDs, and neuroscience, ensuring a well-rounded approach to revolutionizing pain relief through CBD-based products.

Q: How does Nancy plan to generate revenue?

Nancy generates revenue through monthly memberships, medical licensing, and retail sales of their CBD-based pain relief products, targeting a lucrative market in the healthcare industry.

Summary & Key Takeaways

• Nancy, founded by Samantha Strom, provides CBD-based pain relief products for chronic pain, depression, and anxiety.

• The products are non-addictive, discreetly packaged, and legal in all 50 states.

• The team behind Nancy consists of professionals with backgrounds in MBAs, JDs, and neuroscience.