Manage episode 272512386 series 94129
Eric Rice is the founder, CEO, and Chairman of Quanta (QuantaCBD.com). This company is using a new technology involving quantum mechanics that maximizes the bioenergy in natural products to help people. Their first product out is a CBD muscle rub, made 5x more effective by polarizing the CBD. Eric is also looking at other ways that organic matter can be optimized in areas including agriculture, vitamins, supplements, human cognition, anti-aging, food, and pharmaceuticals. Eric Rice is also a former professional baseball player.
Eric Rice, the Early Years
Eric Rice was born in Chicago and grew up in northwest Indiana, about 15 miles outside of Chicago. From the time Eric was five years old, he recalls being forced to play the shortstop position at baseball practice when he didn't even know what shortstop was. After a few minutes of fielding ground balls, Eric was hooked on the game and wanted to play baseball for the rest of his life.
While playing baseball in college, Eric found himself in constant pain due to an injury he sustained during his sophomore year in high school. He injured his shoulder, which affected his ability to throw the ball. He didn't tell anyone about this injury, so for most of his career, he would take from 12 to 15 Ibuprofen so he could perform without feeling so much pain in his shoulder.
The Birth of QUANTA
While running a venture studio, Eric had a ton of people pitching their companies to him, one of which was a small cannabis company.
Around this time, Eric's doctor told him that he could no longer continue taking Ibuprofen and that he needed to find another way to reduce the pain he was feeling in his body. Eric decided to try cannabis, and although the cannabis was helping, it wasn't helping nearly as much as the Ibuprofen.
A friend of Eric's from the Army's Special Forces told him about a brilliant scientist who has done work with cancer, autoimmune disease, and HIV using various technologies. The doctor also was researching cannabinoids. It was then that Eric saw an opportunity to partner with the scientist and build a business, and that's how Quanta was born.
Why is your Muscle Rub more Effective than other products?
What Quanta is doing to Cannabinoids is what they are doing to hundreds of natural, medicinal compounds. Plants are alive just like humans, and we vibrate at 100% and so do plants, but once you remove plants from the earth, its technically dead, losing 50 to 75% of its energy and every moment that passes, that energy depletes down to 3 or 4 percent. What Quanta has been able to do is take that dead or dying plant matter and apply quantum mechanics or quantum physics into the biological entity. When you are alive, you have a nucleus with electrons rotating very fast and far from the nucleus, high energy. As you age and die, those electrons slow down, and they become closer to the nucleus. Quanta is using electromagnetic frequencies to communicate with the molecules and excite those electrons to push them back out from the nucleus and get them spinning faster. This process increases the anti-inflammatory properties by 572%, making the CBD Muscle Rub much more effective than any other competing product on the market.
Why is Inflammation so Important?
Inflammation is the basis for most pain, just like when you break a bone, it swells up, and you suffer from the pain. Inflammation is the stem root of almost every physical problem, including cancer and depression. Inflammation also plays a crucial role in aging. Aging occurs when inflammation is increasing in the body, and cells reproduce themselves at a slower rate.
What other Products Besides the CBD Muscle Rub Are You working on?
In the CBD space, we have a tincture we just put out. We have a vape product that we sell and is doing very well. We also made an anti-aging cream with and without CBD, which is phenomenal for your skin. Our target for the rest of this quarter is to focus in on the launch of our beauty products, so we're polarizing Vitamin A, Vitamin C, Vitamin D, retinol, and all of the common, expensive beauty treatments and creating face masks and Vitamin C serums and all types of beauty products and in the research department, we're putting together a portfolio of 12 natural products that should replace 12 commonly taken harmful medications from the pharmaceutical space launching around late 4th quarter, around Christmas.
What has been the feedback from people who have used your products?
Two or three days out of every work week, I get emotional during the day because we get between 5 and 10 testimonials that are either written, audio or video unsolicited, and about once a week, you will hear one that just opens your eyes to how a tiny little product could help someone's life in every capacity. A neighbor of mine, she has diabetes, and her toes were completely curled up, she couldn't walk or put on shoes. Her daughter came by and asked me for some of the rub and literally watched in a matter of minutes, her curled up toes just relaxed on the ground, and everyone in the room started crying. It was one of the most emotional things I ever experienced.
Everyone calls our muscle rub the Windex because it has all these different usages. The most common is stiffness, joint pain, muscle pain. The most prevalent we see here in Los Angeles is recovery. There are a lot of active people working out really hard. Almost everyone says that their recovery time is quicker. They go to bed and wake up and feel like they never even worked out the day before. Other than that, arthritis is a huge thing for us; neuropathy. Almost all of our retail business is through medical professionals, hospitals and doctors and neuropathy, nerve centers.
That seems to be a pain point for most people. We receive letters or videos from people expressing their joy that they can walk without pain, and these little things improve people's moods. We even had a reflexologist tell us that if you put the rub on your feet and your toes, it acts like a sleeping pill because the vibration in the ointment is actually going into your nervous system up through your feet and legs and relaxes your whole body. So we tried it out because I am a 20 year Ambien user to try to fall asleep. I haven't taken an Ambien since probably February, and I have been sleeping as well as I ever have just by putting muscle rub on my feet.
Even with mosquito bites, you put the muscle rub on it, and the itching will stop in about two minutes, and the next day there are no bumps on the skin, so there are tons of different usages.
Are Your Products Safe for Children To Use?
Absolutely! We have youth hockey teams, my son's baseball team, everyone uses it when their arms get sore. There is no THC in the ingredients. All of the ingredients are 100% natural.
Where do you see your company in the next five years?
In a Utopian world, we will be working with all of the largest nutraceutical, pharmaceutical, and beauty companies in the world to help make better products as well as safer pharmaceuticals with fewer side effects using natural ingredients. That's really our focus and goal.
How has the Current Pandemic affected your business?
We actually just did the breakdown of that, and between the first and second quarters of this year, we only lost 1.8% in a market where the retail was down 85%, so we did really well. We didn't outperform the previous quarter, but we only lost $6,000 during the quarter in revenue, and a lot of that came from our ability to see the pandemic coming and shift from focusing from retail and doctors to online sales and partnerships for digital campaigns. I think this coming year will be great, but the pandemic has absolutely affected us.
What do you say to someone who questions the cost of your muscle rub product compared to other topical muscle rub products like Bengay?
We get that all the time. The weird thing is 40% of our business is repeat customers. We always explain it this way, the potency in our muscle rub, it's a $45.00 muscle rub, and we do have designs to drop that price now that we've grown, it has expensive high-end ingredients in it, but to get the same type of relief just with pain, because Bengay only works on pain, it doesn't do inflammation and is terrible for your skin, to get the same type of pain relief, you will have to buy 4 to 7 tubes of Bengay. According to a study we did, the average person who lives in chronic pain, have about a $500 per month pharmaceutical bill for chronic pain prescriptions and they spend approximately $264.00 per month for other alternatives to help with pain.
We say instead of spending $264 on ten different things that don't work, you spend $45 on one that does, and not only do you have more relief, but you're also saving over $200 per month along with other supplements you're taking that's not working.
What is Quanta's Philosophy?
More than anything, we believe in a simple philosophy of taking quantum physics and all that confusing stuff so that our products will help you reduce pain and increase joy in your life. That's our whole premise to relieve pain, make you look good, feel good, so there is more joy in everyone's life.
To find out more about Quanta or purchase products, visit www.buyquanta.com and use the coupon code "6weeks" and get 20% off all the Quanta products.