Audacity Zone Developments

About Audacity Zone Developments

Audacity Zone Developments, founded in 2020 and headquartered in Miami, FL, operates within the cannabis processing technology sector. The company focuses on developing and providing comprehensive cannabis production systems designed to scale the mass production of cannabis products for its clients, who are cannabis producers. Its business model centers on offering turnkey 'package plants' that simplify the manufacturing and distribution processes. These solutions include all primary and subordinate equipment, along with standard operating procedures (SOPs) and point-of-sale (POS) systems, aiming to reduce costs and increase productivity for producers.

The company's offerings consist of specialized plants for various cannabis product types, including pre-rolls, rosin extraction, gummies, distillates, and infusion for pods, carts, and capsules. A notable product is the Pre-Roll Package Plant Model, which is capable of producing up to 72,000 torque-rolled, cylinder-shaped joints daily. This high-volume output is projected to generate a significant daily EBITDA rate, according to company pro forma. The core benefit for their clients is a substantial increase in production capacity, which the company states can be up to tenfold higher than conventional methods, alongside optimized manufacturing and distribution.

In March 2024, a significant milestone was achieved when Audacity Zone Developments secured an $11 million Series A Preferred Equity Offering from Greenlight Commercial Funding. This investment is intended to propel the company's growth and enhance its technological capabilities within the cannabis industry. Mr. Akinyele Adams is a key figure associated with the company, articulating its vision and the disruptive potential of its production models. According to the Florida Division of Corporations, the company's status is currently inactive.