Integrated CBD

About Integrated CBD

Integrated CBD, established in 2018 by co-founders Patrick Horsman and Jeff M. Dreyer, operated as a vertically integrated supplier of organic hemp-derived phytocannabinoids and CBD products. Based in Scottsdale, Arizona, the company positioned itself as an institutional-scale B2B supplier for major consumer and pharmaceutical brands. The business model was designed to control the entire supply chain—from seed genetics and cultivation on its approximately 10,000 acres of certified organic farmland to extraction and product formulation. This "seed-to-sale" approach was intended to ensure a reliable and transparent bulk CBD supply for its partners.

The company's core offering centered on providing industrial hemp, CBD oil, and isolates. A key feature was its partnership with "Verified Organic," a blockchain-based platform designed to offer traceability and transparency throughout the production process, substantiating the origin and purity of its USDA organic certified products. Integrated CBD planned to operate one of the largest GMP-certified, food-grade extraction and isolation facilities in the United States, a 154,000-square-foot plant in Arizona. The business strategy focused on supplying large multinational companies in sectors such as cosmetics, food and beverage, and pharmaceuticals.

Co-founder Patrick Horsman, described as a serial entrepreneur and investor, also founded Integrated Ag, a private equity fund focused on agricultural land investments, which served as a genesis for Integrated CBD. Jeff M. Dreyer served as the Chief Operating Officer. The company secured significant funding, including a Series A round in October 2019, bringing its total capital raised to approximately $78 million in debt and equity. However, the company's trajectory was short-lived. In early 2021, its parent company, Integrated AG, filed for Chapter 11 bankruptcy. Subsequently, Integrated CBD faced lawsuits from investors alleging fraud and that the company was run into the ground while funds were used for personal enrichment. The company is now listed as out of business.