Matt Krishnamachari’s clear vision to build a community-centered business continues to propel Purple Lotus is a standout California cannabis success story. He founded the dispensary in 2010, starting with himself, his wife Vanessa, and a small storefront serving San Jose’s medical cannabis patients. He and Vanessa went on to bootstrap Purple Lotus from a $15,000 operation into a vertically integrated organization with top-rated retail and delivery services spanning the greater Bay Area. The company now has 130 team members and $25 million-plus in annual revenues supported by multiple in-house brands and differentiated product lines.
Prior to founding Purple Lotus, Matt developed his entrepreneurial savvy in the international steel and renewable energy sectors. The son of an Indian immigrant, Matt is himself a proud father and family man. He is an avid basketball player and enjoys volunteering with numerous youth initiatives, as well as serving the homeless community in San Jose.