Vertically integrated agriculture, energy and hospitality on St. Croix. Founded 2020. Cultivation, manufacturing, research and genetics, and retail, powered by an on-site solar array, with adjacent hospitality and charter operations.
Reanne Wu — Founder and Chief Executive Officer, majority owner. Born and raised on St. Croix. Social-equity qualified licence holder. Luke Wu — Co-founder, Chief Financial Officer and farm manager; leads technology and design.
The USVI Economic Development Commission grants qualifying non-cannabis entities a 90% income-tax reduction, a 100% gross receipts and excise tax exemption, and a 1% customs duty. The regulated licence anchors a capped local market while the adjacent verticals carry advantages the licensed entity is not itself eligible to hold.
103 Rattan, Christiansted, St. Croix, USVI 00820 · reanne@crucianfarms.io
Target $30–45M , base case $38M . Equity funds the operating build; debt and tax equity fund real estate and phase 1 of the owned 5 MW solar layer. Operating cash (Engine A) and solar asset net asset value (Engine B) are reported separately and are never combined.
Crucian Farms LLC submitted a Tier 1 Commercial Cultivation License application to the USVI Office of Cannabis Regulation in November 2025. That commercial licence has not been granted. The company is an applicant, not a licensed commercial cannabis operator. No cannabis product is offered, sold or distributed. Any statement that Crucian Farms holds a commercial cannabis licence is inaccurate.
Nothing on this site is an offer to sell or a solicitation of an offer to buy any security. Any such offer is made only to qualified investors through formal offering documents. The Tier 1 commercial cannabis licence is pending and has not been granted. Forward-looking statements, including the raise, the buildout and any launch date, are projections contingent on regulatory approval. Cannabis products are for adults 21 and over where lawful. Operating EBITDA and solar asset net asset value are reported separately and are never combined.
This site contains information about cannabis and is intended for adults 21 and over.
