We leverage years of entrepreneurial and operational experience to improve performance, reduce risk, and enhance the long-term value of the companies & brands in our portfolio. Our aim is to build iconic cannabis brands with a solid foundation for development and growth into the market.
Our team has a strong depth of bench to serve or partner with other like-minded individuals seeking to build a positive legacy in the cannabis industry. As serial entrepreneurs with a purpose, we work tirelessly with those that want to build something valuable, enduring, and trusted.
Responsible for the overall vision of the company, Dustin oversees concept creation, development, and direction. He was attracted to the cannabis space in 2010, and 3 years later co-founded & launched Monarch, Scottsdale's first retail dispensary. He is also the co-founder of Huxton, the first experience based cannabis brand in the market.
A lifetime resident of Arizona, Dustin attended Scottsdale Christian Academy before moving on to Pepperdine University. There he was a four year member of the men’s basketball team, and earned his bachelors of arts in Business Administration.
When he isn’t channeling his creative passion into business concepts; Dustin can be found spending his time with his wife Christina and daughters Colette and Chloe. He is a seasoned traveler, and has spent time living in Europe & Central America. Dustin is also an avid snow skier, fan of all things vintage, and a loyal Arizona Cardinals fan.
As head of strategy for ADAKAI holdings Mike Smith is responsible for capital acquisitions, investor relations, forming strategic partnerships, and leading the overall vision of the company. He was born and raised in Arizona and received his degree in mechanical engineering from the University of Arizona.
Mike began his career working as a Petroleum Engineer with Texaco in the oil fields of California, but eventually moved back to Arizona and built, owns and manages Jokake Companies. Jokake Companies includes Jokake Construction Company - an Arizona commercial general contractor, Superior Marble - a regional calcium carbonate mining and processing company, Jokake Real Estate Company - an Arizona commercial real estate company and the Stockyards Restaurant.
When he’s not working or spending time with his wonderful wife Mona or his three daughters he can be found traveling. Not only has he hiked the Inca Trail and rim to rim of the Grand Canyon, but he has swam Alcatraz twice and managed to escape a mugging in Brazil and robbing in Morocco.
Roz manages ADAKAI’s portfolio of investments and is deeply involved in the due diligence activities for new investment opportunities. Her roots come from agriculture, with a career beginning in the early ‘90s with the Foreign Service, as a commodities specialist for the government. She moved into the private sector, as VP of Business Development for an international, vertically integrated cotton company that financed growers, ginned, extracted cottonseed oil for Frito Lay and Japanese consumers, and traded cotton.
Her desire to remain in Phoenix was stronger than her ties to cotton and she began focusing on the growing real estate and construction industry. Since 1998, Roz has successfully scaled several operating companies in the building materials, construction and facilities solutions markets, including being the founder of ProKure1, ADAKAI’s first product commercialization project.
Roz’s diverse background in farming, processing, milling, distribution and business scaling has created an opportunity to be a part of a growing cannabis industry where she can support young businesses with passionate owners and a great concept in building trusted and enduring companies in an ever-changing landscape.
She holds a Bachelor of Arts Degree in Economics from Allegheny College and a Masters of Business Administration from Kent State University. She and her husband reside in Phoenix, enjoy hiking and fly-fishing and cheer on her native pro football team, the Pittsburgh Steeler every Sunday in the fall.
As Adakai's head of partnerships, Mike Johnson oversees the relationship expansion & management for the company. Mike is the co-founder of Monarch and oversaw its state & local licensing and entitlement process. He was also integral in bringing Kiva confections to Arizona in its first out of state licensing deal, and manages the partnership.
Mike has been an Arizona resident since moving to Phoenix in 1980. He is a real estate professional and began his career in 1979 as an industrial commercial broker. He has built and leased multiple industrial buildings, restaurants, and office buildings throughout Arizona. Mike is also a principal in numerous strategic commercial developments throughout the valley.
He and his wife Kathleen contribute to numerous local charities, and both previously served on the Phoenix Children’s Hospital Charity Committee. Mike also has gained significant non-profit experience after spending two years on Living Streams Church’s Board of Finance.
An Arizona native Chelsea left the desert and attended Southern Methodist University in Dallas, Texas where she earned her bachelor's of art degree in political science. Upon graduating, she entered the world of politics where she worked with a political consulting firm managing numerous political campaigns and lobbying on various issues. After spending time in the Dallas market, Chelsea moved back to her hometown of Scottsdale, where she started her career in the cannabis industry as head of Marketing and Business Development for Monarch Wellness Centers in the fall of 2013.
Since then she has managed every facet of the creative side on the business, and has experienced firsthand what it takes to be successful in the industry. A true professional, she is a co-founder of HUXTON, serves as the Treasurer for the Arizona Dispensaries Association, and works closely with national policy groups to bring about significant cannabis reforms.
In her free time, you can find her hiking with her golden retriever Henry, relaxing with yoga, biking, travelling, and enjoying time spent with family and friends.
As ADAKAI’s head of development, Bryan oversees the development and execution of channel distribution strategy, maintaining and building partnerships through new and existing channels, and achieving sales, profitability and partner recruitment objectives.
Bryan moved from Seattle to attend Arizona State University in 1992, and has been an Arizona resident ever since. After graduating with a degree in real estate development in 1996, he began a lucrative career in the same field. His companies have completed over $2 billion in transactions, with developments in Arizona, Texas, California and Nevada.
In 2010, after receiving interest in a California development from multiple medical marijuana farmers, Bryan quickly became fascinated with the emerging cannabis industry. Since then he has actively invested in a variety of start-ups in the space, and has facilitated multiple mergers, acquisitions, & collaborations.
Bryan continues to contribute to community organizations such as New Pathways for Youth, Feed the Children, Make a Wish Foundation, and Phoenix Children's Hospital, among others. He also served on the Family Gifts Committee at Great Hearts Academies, Archway Veritas campus.
As Head of Marketing, AJ is responsible for overseeing the development, health and strategic reach of all brands within the Adakai portfolio.
As a transplant from Portland, Oregon he attended Arizona State University—earning degree’s in Business Marketing, Philosophy and Theoretical Physics. His passions led him to pursue a career in advertising, where he's led marketing efforts across a multitude of industries—from photovoltaic energy sourcing to locally grown fruit, and (almost) everything in between.
In advertising, like any type of communication, AJ gravitated towards work that seemed to inspire purpose and fulfillment. After years of experience with his passion industries of craft alcohol, philanthropy, health/recovery, travel/tourism and lifestyle, his career came to a pause due to several medical scares amongst his friends and family. After seeing the recovery value of cannabis for his loved ones and their support groups, he began to see a fuller story of medicine that could bring more aid to the world if told correctly and directly.
When he’s not on the clock, AJ can be found with his wife Caroline and English bulldog Lola. He is a multi-instrumentalist, published author, craft beer nerd, world traveler, reader and foodie. AJ is also a sub-par golfer (read that how you will), concert goer and avid supporter of the growth and development of Arizona’s economy and culture.
OMAHA FARMS – Omaha Farms is one of the nations premier cannabis research, development, and production facilities. Its team is committed to building innovative systems, processes, and techniques specifically designed to support its industry partners.
Monarch Wellness Center – Monarch is among the top medical marijuana dispensaries in the country, and known for its exceptional patient services, commitment to cannabis product education and welcoming environment. Monarch is also known as a leader for its creation of innovative operational concepts within the cannabis industry.
HUXTON – Huxton is an American cannabis brand. Focused on craft flower and innovative extracts, all of Huxton's products are designed to create an authentic experience. Huxton's commitment is to produce concepts that are thoughtful, unique, and effective.