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JustMary is Italy's first legal cannabis delivery company, via app or website, available in Italy and France.
2019/2021 revenues +395% with over €1 M. Q1 2022 at break-even
9 Cities served in Italy and 1 in France
Legal cannabis market estimated at over 3 Billion in 2025 in Europe
min: 129.998 €
max: 499.998 €
JustMary is one of the leading players in Italy and Europe in CBD hemp delivery.
The Company markets hemp products and more (cannabis light, CBD oil, poppers and derivative products) under its own brand and third-party brands.
Today, it is present in 9 Italian cities, Milan, Monza, Turin, Bologna, Florence, Rome, Naples, Salerno, Catania and in the French capital Paris, with a fleet of 18 riders in total. Products are available on the mobile app "JustMary" (available for both Android and Apple IOS) or on the website www.justmary.fun in Italy and www.justmary.fr in France.
JustMary, in addition to its delivery service with deliverymen, delivers in Italy and Europe through international logistics partners to all cities not directly served.
Since its founding, it has experienced rapid growth in its customer base: from 500 customers per year in 2018, to 8,958 in 2021, with a CAGR '18-21 of +161.7%. In 2020, the Covid-19 pandemic had a decidedly positive impact on the company: lockdown measures resulted in strong growth in the number of customers per year: +373.5% year-on-year. JustMary has witnessed an increasing retention of its customer base, growing from 28 percent recurring customers in 2019, to 52 percent in 2021, thanks to an aggressive sales policy.
Customers can order products online and receive them at home within an hour and a half. The delivery slot between 5 p.m. and 11 p.m. offers a significant competitive advantage because classic industry resellers (stores, tobacco stores, gift stores), are closed. In addition, JustMary protects customer privacy: riders do not show the location on their backpacks. This decisive point for business development has resulted in increasing customer loyalty.
Estimates predict that the European cannabis market will reach a value of € 3.2 bn in 2025 (CAGR '21-25: +64.4 percent).
According to data reported by Google Trends, there were 6.4 mln individual CBD searches per month in 2019.
The strong interest has translated into a rapidly growing global user base: the Prohibition Partners' Exclusive Consumer Research study estimates that 13% of adults have used CBD or CBD-based products.
Internationally released reports addressing CBD's abilities to relieve inflammation, insomnia, and anxiety have sparked consumer interest, as well as the enthusiasm associated with purchasing cannabis-based products.
Tax benefits of 30 percent apply on JustMary.
© 2022 SiamoSoci Srl a company of Azimut Group - VAT number IT07464370969 - Via Timavo 34, 20124 MI - SC € 87.248,12 fully paid up - Registr. 8, resolution 19002 of 06/08/14