Inc.

Flying High

CAN A 58-YEAR-OLD FORMER INSURANCE EXECUTIVE BUILD THE FIRST NATIONAL MARIJUANA BRAND? WITH THESE GUMMIES, SHE JUST MIGHT
FORBIDDEN FRUIT Wana’s THC-infused gummies taste like gourmet Sour Patch Kids and can pack the wallop of a powerful sleeping pill—making them the top-selling edible in Colorado.

NANCY WHITEMAN STILL MOURNS those candied, spice-dusted almonds. “They were so good. They were so stinking good,” she sighs longingly. And so stinking hard to make—legally.

Because Whiteman, the unlikely co-founder and co-owner of the most successful specialized candy business in Colorado, didn’t stop with the curry powder and sugar and salt. She also dredged those almonds through syrup infused with THC, the active ingredient in marijuana.

After all, that’s what her seven-year-old company, Wana Brands, makes: treats that can get you really, really high. The Boulder-based business, which Whiteman runs with her ex-husband, ended last year as the best-selling purveyor of marijuana-infused edibles in its home state of Colorado, according to industry data firm BDS Analytics.

Whiteman may have begun her legal-pot career rummaging through weed-extraction videos on YouTube and testing recipes in a kitchen that was “one step up from an Easy-Bake oven,” but Walter White she is not. Nor is she even Mary-Louise Parker’s Nancy Botwin, the housewife-dealer of Weeds. A 58-year-old mother of two, Whiteman presents as more sales rep than druglord: russet hair in a sensible bob, a sly sense of humor tucked beneath a Northeastern reserve, and the professionally tidy business casual of someone who started her career in suits. “Whatever your stereotype might be of somebody in the marijuana business, I’m probably not it,” Whiteman, a former insurance marketing executive, wryly acknowledges. “I think a lot of times people are just surprised.”

Whiteman happened to be in the right place at the right time. Colorado in 2012 became one of the first two states to legalize marijuana for nonmedical (or what’s called recreational or adult) use and is now its biggest U.S. market. Anyone age 21 or older may now walk into a dispensary there, show an ID, and buy an ounce of loose “flower” to smoke, or concentrated oil for a vaporizer, or a pot brownie or chocolate bar or ice cream or granola bite or any other of the many, many types of food that are infused with THC.

Wana—an abbreviation of marijuana, and the brand name for the Mountain High Products parent company—currently sells about a dozen edible products in both medical and recreational varieties. What put Whiteman on the map last year, helping her company earn $8.4 million in revenue, is Wana’s sour gummies: neon-bright, sugar-dipped, vegan cubes of pectin and corn syrup and fruit flavor and 10 milligrams of THC-infused oil per bite. They look like fancy square gumdrops, taste like gourmet Sour Patch Kids, and can pack the wallop of a powerful sleeping pill that simultaneously stokes every lingering anxiety about your email backlog. (In this reporter’s experience, at least.)

Whiteman’s pragmatism

You’re reading a preview, subscribe to read more.

More from Inc.

Inc.3 min readCorporate Finance
The Burn of Slow Churn
✕ THE PROBLEM “After 38 years in the business, I bragged that I'd never had a single officer quit my company. I liked the people who worked for me. We were a very tight-knit group of friends. I traveled and went on family outings with them and knew t
Inc.4 min read
The Business of Building a Better Future
Rohit Bhargava | INC.'S NON-OBVIOUS BUSINESS BOOKS The founder of the Non-Obvious Company, Rohit Bhargava is a trend curator and best-selling author of nine books. What vibe do people most want from their place of work? Answer: coffee shop cozy. This
Inc.26 min read
How They Stay On Top
Karen Robinovitz & Sara Schiller Stirring Up Hope in Unexpected Places Co-founders of the Sloomoo Institute TWO things helped Karen Robinovitz, 52 (near right), and Sara Schiller, 53, overcome the most devastating periods in their lives: friends and

Related Books & Audiobooks