JKSM
Industry:
Capital Goods

DESCRIPTION

Convectium (formerly Jacksam Corporation) makes automated filling and capping machines for cannabis vaporizer cartridges and automated pre-roll filling machines. Convectium sells these machines to cannabis businesses — including MSOs, dispensaries, processors, growers, and distributors — operating in legal cannabis markets. The core value proposition is production efficiency: Convectium's 710 Shark filling machine fills 100 cartridges per minute, compared to roughly 5 per minute by hand, and its PreRoll-ER machine produces up to 900 cones per hour, replacing 10-15 employees. Beyond machines, Convectium also distributes cartridges through partnerships with Jupiter Research and 14th Round, and sells pre-racked tray solutions that further reduce production time. Convectium sells through a direct sales force, strategic partners, independent reps, its website, and a referral network. The business model has two revenue streams: one-time capital equipment sales (machines) and recurring consumable sales (cartridges and trays). Cartridge revenue is shared with distribution partners under profit-sharing agreements. Convectium's growth is tied directly to cannabis legalization — as more states and countries legalize cannabis, the addressable customer base expands — and to the broader industry shift from manual hand-filling toward automation, which Convectium argues is still in early stages.

Read full business overview →