KEY Portfolio: Steady State LLC

KEY PORTFOLIO: Steady State LLC / Open Book Extracts

Founded in 2019, Steady State LLC is a diversified HoldCo providing exposure to the cannabinoid industry through ingredient production, formulation, distribution, and a portfolio of consumer facing brands via two primary sub-entities.

Open Book Extracts (‘OBX’) is a leading health & wellness technology platform providing cannabinoid production with delivery system IP and co-manufacturing relationships to give brands access to a trusted, reliable supply chain from ingredients, to formulations, to finished goods. The company’s suite of turn-key services includes white labeling, private labeling, and contract manufacturing of cannabinoid oil and infused products, enabling brands to either buy raw materials or to create customized products which embody their brands.

Steady State Brands (‘SSB’) is the company’s in-house brand portfolio.

Press

Open Book Extracts Raises $11.5M Series B Funding Round to Accelerate Global Growth