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Cannabis News > Cannabis Press Releases > David Nikzad’s Noted “Utopian Holding Company” Orthogonal Thinker Has Relocated to Miami to Lead for the Future
Cannabis Press Releases

David Nikzad’s Noted “Utopian Holding Company” Orthogonal Thinker Has Relocated to Miami to Lead for the Future

Business Wire
Business Wire November 1, 2021
Updated 2021/11/01 at 6:47 PM
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MIAMI–(BUSINESS WIRE)–#Miami—Orthogonal Thinker, a self-described “Utopian Holding Company” led by noted investor and exec David Nikzad, is pleased to announce its move to the hottest new venture market – Miami, Florida. This move has invigorated the company, leading to 15 new deals inked since he arrived in early July. Orthogonal makes strategic investments and joint-ventures with companies which contribute to the Orthogonal eco-system of companies in new and emerging industries.

Orthogonal logo Cannabis Media & PR

Nikzad, founder and CEO of Orthogonal Thinker notes, “Part of the secret of my success is that I’m just enough ahead of the curve, and my recent move to Miami is just another example of that. We are so excited to be part of the growth of the South Florida startup scene, which is so inclusive of the verticals we specialize in – space, crypto, cannabis, psychedelics, and clean food.”

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Orthogonal’s most exciting company is their subsidiary Ei.Ventures. Ei has had an amazing year, cresting $20M committed with their Reg A. As part of their research and development into natural psychedelic compounds, EI recently announced via Forbes that they have partnered with transdermal delivery powerhouse Tioga Research to develop a transdermal patch for sustained delivery of psilocin, the active ingredient in psilocybin mushrooms, for mental health applications.

As part of Ei’s dual track approach, they are planning to launch their line of functional mushroom MANA nutraceuticals imminently, and a functional beverage with mushroom botanicals in early 2022.

Building companies through crowdfunding has always been part of Orthogonal’s DNA, as some early investments included crowdfunders WeFunder, RealCrowd, DealMaker, and Republic. Through this experience and the recent success of Ei’s Reg A, Orthogonal is now positioned as a leader in the Reg A fundraising space and have vertically integrated their internal team to manage Reg A raises for their portfolio companies.

Nikzad adds, “We couldn’t be more bullish on Miami and are looking to show our gratitude for the wonderful reception we’ve gotten in South Florida by bringing funding from all levels of investors to this growing region.”

For information on Orthogonal Thinker, please go to https://www.orthogonalthinker.com/. For media needs, please contact Susan von Seggern at [email protected] or 213-840-0077.

You can find the Offering Circular for Ei.Ventures’ Regulation A offering here https://www.sec.gov/Archives/edgar/data/1823182/000110465921096304/tm2123436d1_253g2.htm. For more information on Ei.Ventures, please go to https://invest.ei.ventures/.

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Forward Looking Statements: Certain information set forth in this presentation, together with any supplements and any other information that may be furnished to prospective investors by the Company in connection therewith, contains “forward-looking statements” and “forward-looking information” within the meaning of applicable United States securities legislation (referred to herein as forward-looking statements). Except for statements of historical fact, certain information contained herein constitutes forward-looking statements which include but are not limited to statements related to activities, events or developments that Ei.Ventures expects or anticipates will or may occur in the future, statements related to the Company’s business strategy objectives and goals, and management’s assessment of future plans and operations which are based on current internal expectations, estimates, projections ,assumptions and beliefs, which may prove to be incorrect. Forward-looking statements can often be identified by the use of words such as “may”, “will”, “could”, “would”, “anticipate”, ‘believe”, expect”, “intend”, “potential”, “estimate”, “budget”, “scheduled”, “plans”, “planned”, “forecasts”, “goals” and similar expressions or the negatives thereof. Forward-looking statements are neither historical facts nor assurances of future performance. Forward-looking statements are based on a number of factors and assumptions made by management and considered reasonable at the time such information is provided, and forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements.

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Contacts

Susan von Seggern

[email protected]
213-840-0077.

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