Amid the general volatility in the Massachusetts cannabis industry, Fernway's story is one of success and expansion. Fernway’s CFO and co-founder David Van Vlierbergen, who attended the recent Benzinga Cannabis Capital Conference in Miami, later shared the company’s unique story.
Founded by four friends who were working in four different fields but who all loved cannabis got together and made some magic.
"We had a strong founding team with a diversity of skill sets that had two-and-a-half years to strategize and plan before we generated our first dollar of revenue. We founded the company in October 2018 but didn’t start sales until February 2021," Van Vlierbergen told Benzinga. "From the early days, we always strived to create a brand that spoke to Massachusetts cannabis budtenders and consumers. Our growth has been deliberate, dynamic and profitable."
Fernway’s Growth Has Also Been Meteoric
Over the three years it took to start the business and for all the founders to move to Western Massachusetts, Fernway quickly became the number one vape company in the state and one of the top 5 cannabis brands to …