Jeffery
Freeman Jr.

Co-Founder. Builder. Half a Billion in Sales. Zero Outside Investment.

Cannabis entrepreneur. Conscious capitalist. Proving every day that the best way to change an industry is to outperform it.

The Story
"My father was killed in a drug deal when I was three. That's where my story with cannabis starts — not with a joint, but with a funeral."

Jeff Freeman didn't choose cannabis. Cannabis chose the trajectory of his life before he could even understand what it was.

Growing up in Seattle, he watched his older cousins bag up quarter-pounds in his grandmother's house. They had the cars, the Jordans, the status. But Jeff also knew the cost. His father was gone. His mother, raising two kids alone, turned to alcohol to manage the pain. He spent his childhood in NA and AA meeting rooms, absorbing stories of addiction, loss, and the systems that created both.

He was against cannabis for years. Completely. He saw the destruction the drug trade caused and wanted nothing to do with it.

Then his mother's chronic pain changed everything. Watching her suffer, watching pharmaceuticals fail her, he started researching. He started listening. And slowly, reluctantly, he began to see what cannabis could actually be when it wasn't tangled up in prohibition and violence: medicine. Relief. A better option than what the system was offering.

That shift didn't just change his mind. It built a company.

"There's the cannabis passion — and then there's people who are really good at business. We are really good at the cannabis business."

In 2012, Jeff co-founded mFused with Adam Melero and Yung Tan. They started in Washington's medical space with a simple conviction: patients deserved safe, consistent, lab-tested products.

They launched one of the first high-CBD vape cartridges on the market. Not because CBD was trendy. It wasn't yet. But because patients needed it.

From there, they built. Not with venture capital. Not with institutional money. Not with debt. With revenue. With reinvestment. With the radical idea that you could fund a half-billion-dollar cannabis company the same way you build anything real: by making something people want, selling it for a fair price, and putting the money back into making it better.

Fourteen years later, mFused is the #1 cartridge in Washington state, the #1 processor by revenue and oil production, and one of the largest distribution channels in the Pacific Northwest. They process up to 8,000 pounds per month from over 100 partner farms. They've expanded into Arizona, New York, Maryland, and Missouri.

Over half a billion dollars in retail sales. Zero outside investment. Zero debt.

That's not a business story. That's a statement.

"The people funding our small business — our customers — stayed top of mind, and we reinvested their money back into the product. That's our ethos of conscious capitalism."
Ventures

Building companies that solve real problems for real people. Every venture shares the same DNA: bootstrap when possible, prioritize the customer, and never sacrifice quality for speed.

Co-Founder & Chief Commercial Officer

mFused

The largest minority-owned cannabis company in Washington state. #1 cartridge, #1 processor by revenue and oil production. Operations in WA, AZ, NY, MD, and MO. Over $500M in retail sales, fully self-funded.

Co-Founder

Canvas Therapeutics

Medical and therapeutic cannabis brand focused on doctor-backed formulations using emerging cannabinoids. Cannabis-as-medicine with pharmaceutical rigor.

Founder

Polite Therapeutics

Medical-focused brand formulated alongside physicians. Pioneering lesser-known cannabinoids with an explicit goal: keep costs down to increase access.

Partner & Equity Owner

Siam Herbal Tech

Thailand-based herbal products company. Expanding plant-based wellness beyond U.S. borders with the same principles of quality and conscious business.

Principal

mFused Ventures — California

Taking the mFused playbook to the largest cannabis market in the world. Deep relationships with legacy operators, data-driven strategy, bootstrapped discipline.

Philosophy

The Way I Build

01

2% Better Every Day

Not 10x. Not 'move fast and break things.' Two percent. Compounded. Relentlessly. Over fourteen years, that philosophy turned three founders in a medical cannabis market into the top-selling brand in Washington state. The math is simple: 2% daily improvement compounds to over 1,000% growth in a year. But the discipline is rare. Most people can't sustain it because it doesn't feel dramatic enough. Jeff doesn't need dramatic. He needs results.

02

Conscious Capitalism

Every dollar of mFused's revenue came from customers. Not investors, not banks, not private equity. That changes how you think about business. When the people funding your company are the people buying your product, you don't optimize for quarterly earnings calls. You optimize for quality, consistency, and trust.

03

Bootstrapping as a Belief System

Raising money is easy. Building without it is a skill. Jeff has turned down outside investment not out of stubbornness, but out of conviction. When you bootstrap, every decision carries weight. You can't burn through someone else's capital chasing vanity metrics. You have to generate cash, manage it carefully, and reinvest it wisely.

04

Equity Is Not a Buzzword

Jeff grew up watching the War on Drugs destroy communities that looked like his. Black and Brown families criminalized for a plant that would eventually generate billions in legal revenue. As the co-founder of the largest minority-owned cannabis company in Washington, he doesn't just talk about equity. He is the proof that it's possible.

05

Outperform the System

Jeff doesn't waste energy fighting institutions head-on. He outperforms them. When MSOs backed by hundreds of millions in venture capital dominate the headlines, Jeff's response is simple: show the receipts. Half a billion in sales. No investor meetings. No board of directors. The most powerful form of rebellion isn't protest. It's proof.

06

Scout the Field, Scout Yourself

Sports shaped how Jeff thinks about business. Every market entry starts with scouting: Who are the top 10 brands? What's their pricing? Where's the whitespace? But the scouting doesn't stop at competitors. Jeff scouts himself. His own weaknesses, blind spots, the places where his operation needs to get 2% better. That self-awareness is what separates operators who survive from those who scale.

The Receipts
$0M+

Retail Sales

$0

Outside Investment

$0

Debt Taken On

0+

Years Building

0

States Operating

0

Lbs Processed Monthly

0+

Partner Farms

#0

Market Position (WA)

0%

Headcount Growth (2yr)

"How many cannabis brands can say they've hit over half a billion in retail sales with zero outside investment or debt?"

In the Press
Cannabis Top 40 Under 40Marijuana Venture
Featured ProfileHigh Times
Featured InterviewCashColorCannabis
Industry InterviewAskGrowers
mFused x Curio Wellness Expansion (MD/MO)PR Newswire
Super Fog Burzt LaunchPR Newswire
Flow Distribution Arizona Licensing DealPR Newswire
Featured SpeakerWWU Cannabis Career Summit
Speaking & Advisory

Jeff speaks on cannabis entrepreneurship, bootstrapped business building, conscious capitalism, equity in the cannabis industry, multi-state operational strategy, and the future of plant-based wellness.

Building a $500M+ brand with zero outside capitalConscious capitalism in cannabisMulti-state expansion without institutional backingEquity and diversity in cannabisThe future of cannabis: formulation, beverages, and the end of stigmaData-driven product developmentThe 2% philosophy: compounding improvement as competitive advantage

For speaking inquiries, advisory engagements, or media requests:

Get in Touch
What's Next

The cannabis industry is at an inflection point. Rescheduling is coming. Interstate commerce is coming. The question isn't whether the landscape will change. It's who will be standing when it does.

Jeff's bet is the same bet he's made for fourteen years: invest in quality, build real relationships, stay lean, and let the receipts do the talking. California is next. Then the rest of the country. Then whatever comes after that.

The goal was never just to build a cannabis company. It was to prove that a different kind of business is possible. One where the founder looks like the communities this plant was taken from, where customers fund the growth, where equity isn't a slide in a pitch deck but the foundation of every decision.

The plant that took his father's life became the vehicle for building a legacy his children will inherit.

2% better. Every single day.