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On the TechTO stage
John Prentice of Ample Organics presents My Adventure into the Cannabis Industry
Watch on YouTube ↗
John Prentice of Ample Organics presents Cannabis: Lessons Learned
Watch on YouTube ↗John Prentice of Ample Organics presents Medical Cannabis: How did we get here?
Watch on YouTube ↗Every talk is searchable — ask the archive about Ample Organics ↗
About
Ample Organics exists because its founder decided not to grow cannabis. Looking at the licensed-producer business in early 2014, John Prentice found 1,600 other applicants had the same idea — so he sold tools to them instead. Ample built the record-keeping, traceability and compliance software the industry had no version of, and by late 2018 it had signed its 100th Canadian customer out of roughly 130 licensed producers in the country. Akerna acquired it in July 2020 for $46M CAD in cash and stock; Prentice left that September. In December 2023 Akerna sold Ample to Toronto competitor GrowerIQ, returning it to Canadian ownership. Ample's seven remaining employees joined GrowerIQ's 25-person team, and the Ample platform is still sold under GrowerIQ.
Backers
Osmington (David Thomson's investment firm) and Green Acre Capital invested; the amount was not disclosed. FirePower Capital provided venture debt in 2019. Reported by trade press and funding aggregators, not confirmed by the company, and aggregator totals conflict with the $46M CAD exit.
Quick answers
Does Ample Organics still exist?
Not as an independent company. Akerna bought it in July 2020, and sold it to Toronto's GrowerIQ in December 2023. The Ample platform is still sold, under GrowerIQ.
What did Ample Organics do?
Seed-to-sale software for licensed cannabis producers — tracking, reporting and the compliance record-keeping Health Canada requires — later extended to clinics, labs, retailers and regulators.
Who founded Ample Organics?
John Prentice, in August 2014. He has said it started with two guys at his dining room table; by September 2018 it had hired its 100th employee.
Why did Ample sell software instead of growing cannabis?
Prentice planned to become a licensed producer, then found 1,600 other applicants in the queue. As he put it on the TechTO stage: the only winner in a knife fight is the guy selling knives.