Tempe, AZ--In a testament to its growth and industry leadership, Sonoran Roots, the Tempe-based craft cannabis company, has clinched the No. 10 spot on the 2023 Inc. 5000 list.
As per a press release, this recognition comes from an astounding three-year revenue growth of 24,397 percent, underscoring the company's meteoric rise in the competitive cannabis sector.
A Benchmark of Excellence
The Inc. 5000 ranking is not just a number but a hallmark of entrepreneurial success in America. Over the years, this list has been a launchpad for brands like Facebook, Chobani, and Microsoft, propelling them into the national limelight.
Expressing his elation, Michael O'Brien, CEO of Sonoran Roots, said in an interview with Cannabis Business Times, "We're extremely proud to be ranked No. 10 on the 2023 Inc. 5000 List of Fastest Growing Private Companies in America."
He further emphasized the company's deep-rooted commitment to the local community, highlighting its 100% local ownership and employing over 175 dedicated professionals across its various divisions.
The Sonoran Roots Journey
Established by Arizona natives with a vision to produce high-caliber, clean, and compliant cannabis products, Sonoran Roots has expanded its footprint with three cultivation facilities in Arizona, a state-of-the-art extraction lab, and multiple retail dispensaries.
The upcoming opening of their Chandler location in September 2023 is a testament to their unwavering growth momentum.
Their product portfolio boasts names like Canamo Concentrates, renowned for its diverse product range, and Ponderosa Dispensary, a trusted name among medical and recreational users.
Preserving Core Values Amidst Expansion
Despite its rapid growth trajectory, Sonoran Roots remains steadfast in its commitment to a family-centric work culture. Michael O'Brien emphasized in the interview the company's ethos, ensuring that every employee feels integral to the Sonoran family.
This commitment extends to their comprehensive employee benefits, from fully covered health insurance premiums to exclusive access to a suite at the local NBA arena.
Kelli Watkins, a key team member, echoed this sentiment, underscoring the company's mission to deliver unparalleled products and services while fostering a positive community impact.
The Road Ahead
With top rankings not just nationally but also in Arizona and the Health Products category, Sonoran Roots is poised for even greater heights.
As O'Brien aptly summed up in the interview, the company is excited about the future and remains dedicated to championing the Arizona cannabis and business community's cause.
Learn more in the press release and the interview in Cannabis Business Times.