Breeder’s Best incorporated as a B Corp to enshrine our commitment to Cannabis breeders and to providing other public benefits. In traditional corporations, the officers have a fiduciary duty to maximize profits for their shareholders, and all corporate decisions must be compatible with that duty. In some cases, that leads to short-term thinking that is focused on profit in the current quarter with little regard to other issues or goals.
B Corps are structured to permit for-profit entities to make decisions based on the “triple bottom line” of social, environmental, and financial objectives. We believe that making good decisions based upon triple bottom line principles will promote the long-term success of our business, which will benefit our investors while also benefiting numerous other stakeholders. By making the commitments associated with being a B corp, we can ensure that those who invest in Breeder’s Best have priorities and goals that are compatible with the triple bottom line, and that they will be supportive of our efforts to do good while also making a profit.
Businesses must be profitable in order to continue to function, employ people, and fulfill their mission. At Breeder’s Best, we believe that the goals of doing good and being profitable support and reinforce each other. By being focused on developing sustainable relationships and processes we bring the benefits of profitability to the creative engine of the industry — the independent breeder. As we conduct business with all of our stakeholders in a mindful, sustainable way, we are confident that reasonable and sustainable profits will ensure the long-term success of our business.