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www.investorhotseat.com Max’s interest in the cannabis industry began when he had a heart attack at a young age. It was then that he discovered its holistic benefits, and he became involved in the industry in a limited capacity. In 2010, Max and Jack founded a non-profit collective that cultivated high quality cannabis for its patients. In the process, the partners traveled extensively to identify sought after genetics and worked to develop complex terpene profiles. Max is passionate about raising the standards of current manufacturing practices, developing/implementing systems, building solutions, and innovating new products in the cannabis industry that have applications in other markets around the world. About Abstrax Leveraging its proven background in cannabis research, ABSTRAX is the leader in the research, development, and production of botanically-derived and cannabis-inspired terpenes that create unforgettable sensorial experiences. Headquartered in California, the company owns and operates a state-of-the-art type 7 licensed research and manufacturing lab where it’s award-winning product developers and scientists leverage the most advanced strain analysis technology to extract and study aroma compounds via three-dimensional analysis, allowing for each and every compound within a plant to be named and studied. The company has partnered with many of the best cultivators in the industry to study their cannabis profiles and create the world's most advanced terpene formulations. As a result of its efforts, ABSTRAX offers the largest terpene catalogue of the most popular strains - botanically-derived terpene blends and isolates native to cannabis. These ingredients, also known as functional flavors and aromas, are used in vapes, concentrates, edibles, beer, essential oils, fragrances, cosmetics, topicals, tinctures, alcohol, food and beverage, personal care, and more. The company works with internationally recognized brands and provides unparalleled cannabis research, innovation, and custom formulations to create products that engage and thrill consumers. ABSTRAX also devotes significant resources to developing the highest terpene standards and best practices in the industry. The company has developed a robust quality management system including Gas Chromatography analysis and molecular distillation of natural ingredients to achieve the highest purity standards. Investigating and ensuring that ingredients used in its own products, and products within its industry, are safe for consumption. The terpene industry is a rapidly growing segment of the global flavor and fragrance market, which is expected to grow to $35 billion by 2024. This market segment includes the cannabis, CBD, skincare, cosmetics, health and wellness, food and beverage industries. Name of Company: Abstrax Tech Company website: www.abstraxtech.com Email: [email protected] Company Revenue: $6 million annual Number of employees: 40 How much capital has been raised or founders invested in the company to date? $2 million LinkedIn: www.linkedin.com/in/maxwellkoby LinkedIn Company: www.linkedin.com/company/abstrax-tech-terpenes/