Vangst's Strategic Acquisition of Se7en Staffing Enhances Growth
Vangst Expands Its Footprint with Se7en Staffing Acquisition
Vangst, the renowned cannabis hiring platform, has completed an acquisition of Se7en Staffing & Employment Solutions, a premier staffing agency in the cannabis sector. This strategic move is set to bolster Vangst's market presence and expand its client base significantly.
About Se7en Staffing and Its Leadership
Founded in 2019, Se7en Staffing has built a robust reputation in the cannabis staffing industry, providing a range of services from temporary staffing to direct hire placements. Under the leadership of Founder & CEO Christy Essex, Se7en has enjoyed impressive growth, with double-digit increases in revenue year-over-year. With this acquisition, Christy will join Vangst's leadership team to guide further expansion.
Enhancing Vangst's Competitive Edge
This acquisition marks a notable step for Vangst, solidifying its role as a category-defining leader in the cannabis hiring market. Following the integration of Se7en, Vangst now serves over 2,000 businesses and boasts a workforce exceeding 300,000 workers. The company's focus on innovative, AI-powered hiring automation promises to elevate the user experience for both employers and job seekers.
The Future of Cannabis Employment
The cannabis industry is witnessing a shift towards more flexible staffing models, and Vangst is positioned to meet this demand. With its ability to provide fully vetted and credentialed staff on-demand, Vangst is poised to set new standards in staffing solutions. Christy Essex expressed her enthusiasm about the acquisition, stating that it positions Se7en for even greater growth and enhances both companies' capabilities to deliver exceptional value to clients.
The Growing Cannabis Job Market
According to recent reports, the cannabis job market is thriving, with over 425,000 full-time employees currently in the field. This number is expected to reach one million within five years as the industry continues to expand. Vangst's ambitious mission is to facilitate job placements across the cannabis spectrum, ensuring every role is filled, whether temporary or full-time.
About Vangst
Vangst stands at the forefront of the cannabis hiring sector, connecting job seekers with opportunities and helping cannabis businesses find quality employees. With a growing portfolio of over 2,000 partnered businesses, Vangst plays a pivotal role in shaping the future of cannabis employment.
Headquartered in the vibrant city of Denver, CO, Vangst has successfully raised $30 million in venture capital, with backing from prominent investors including Lerer Hippeau and Casa Verde Capital, enhancing its capacity to innovate in the fast-evolving cannabis industry.
Frequently Asked Questions
What prompted Vangst’s acquisition of Se7en Staffing?
The acquisition aims to expand Vangst's service offerings and strengthen its market presence in the cannabis staffing sector.
Who is the founder of Se7en Staffing?
Christy Essex, the founder of Se7en Staffing, will join Vangst’s leadership team following the acquisition.
How many businesses does Vangst currently serve?
Vangst serves over 2,000 businesses, enhancing its reach and influence in the industry.
What is Vangst's mission regarding job placements in cannabis?
Vangst’s mission is to fill every job in the cannabis industry, encompassing both full-time and temporary roles.
Where is Vangst headquartered?
Vangst is headquartered in Denver, CO.
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