FAILDEX失樂園
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Peli Labs

The business, the turning points, and the decisions behind them.

Founded2018
Event year2023
FundingUS$1M

01 / WHAT IT BUILT

What the company did

Peli Labs, Inc. was a cannabis manufacturing and distribution company based in Ojai, California (Ventura County), founded in 2018 by co-founder and CEO Cecil Page — previously senior extraction engineer at Shryne Group (STIIIZY). The company specialised in cannabis extraction science and aimed to build a Type-6/7 manufacturing facility, vertically integrate, and compete in the California cannabis market once federal legalisation arrived. It raised about $1.5 million and remained pre-revenue with five employees as of 2020.

02 / Peli Labs FAILURE REASONS

Failure reasons

Peli Labs did not survive to scale. Still pre-revenue and small after years of effort, the company surrendered its California cannabis manufacturing licence (DCC-10004775), which expired in May 2023 with a 'surrendered' status per the California Department of Cannabis Control — the standard marker of a manufacturing operation that has ceased. No relaunch or new activity has been documented since.

03 / EVENT HISTORY

Events in the structured record

  1. Company founded

    Cecil Page founds Peli Labs, Inc. in Ojai, California, after fulfilling his contract as senior extraction engineer at Shryne Group (STIIIZY) to pursue his own cannabis facility.

  2. Investor pitch

    Page presents Peli Labs at the Cannabis Investing Forum: pre-revenue startup, five employees, about $1.5 million raised or founder-invested to date, pursuing a manufacturing facility in Ojai.

  3. Licence issued

    The California Department of Cannabis Control issues Peli Labs a provisional Type-6 manufacturing licence (DCC-10004775) in June 2022.

  4. Licence surrendered

    The licence expires in May 2023 and is recorded as 'surrendered' by the Department of Cannabis Control — the manufacturing operation has ceased.

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

Material for this section is being gathered and checked. It will appear here once ready.

Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN

How the factors connect

  1. 01

    Peli Labs held a provisional California Type-6 manufacturing licence issued in June 2022.

  2. 02

    The licence expired in May 2023 and its status was recorded as 'surrendered' by the California Department of Cannabis Control.

  3. 03

    No new licence, relaunch or subsequent business activity for Peli Labs has been documented.