Solaris Farm

Solaris Farm

United States
Michael is well known for leading a merger of the cannabis cultivation company he built and operated as CEO and Chairman, called Solaris Farms, with The Sanctuary. In four years, Michael was able to build Solaris out from a bare lot of land into one of the largest and most well-respected private double cannabis verticals in Nevada today. Michael remains on the advisory board of Solaris and will help advise the company with future mergers and acquisitions. He continues to build much needed infrastructure in emerging states in the USA. Michael Sassano broke ground on what would become Solaris Farms in 2016 after traveling around the world touring different types of agricultural greenhouses and observing the various technologies used to produce high-quality yields in harsh climates. From the get-go, he envisioned building a major cultivation company in Nevada’s business-friendly environment which he’d either sell or expand to maximum government approved canopy. Solaris has a rotation of 7,000 plants and bi-monthly 1000 plant harvests which are sold at every major dispensary in Las Vegas and throughout Nevada. Michael built Solaris Farms into a Las Vegas icon but also gathered global recognition which he plans to continue expanding. The grow exists on a portion of the land which is state-approved for cultivation space of over 300,000 sq ft. When fully built out, Solaris will be one of the 20 largest cannabis grows in the United States, according to Greenhouse Grower (https://www.greenhousegrower.com/crops/cannabis/cannabis-top-20-north-americas-largest-commercial-grows/)
Founded date
01/06/2016
# of employees
11-50
Company type
For Profit

General & financials

Estimated revenue
$10M to $50M
# of funders
1
Founders
Michael Sassano
Industry group
Agriculture and Farming, Biotechnology, Community and Lifestyle, Food and Beverage, Health Care, Science and Engineering

Founding

Top 5 investors
# of funding runds
2
Last founding
$20.000.000
Total funded
$31.000.000

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