Phylos Named in mg Magazine’s 50 Best Companies to Work for in Cannabis

2 min readPublished On: December 29th, 2021By

PORTLAND, Ore. – Phylos®, a modern crop science company developing advanced Cannabis and hemp genetics, was selected in mg Magazine’s 50 Best Companies to Work for in Cannabis. mg Magazine evaluated companies based on basics like health and dental insurance, which all the honorees offer, to unique perks like virtual town halls, work from home flexibility, and stock options.

“This recognition speaks to our commitment to the well-being and growth of our team,” says CEO, Ralph Risch. “To bring the best recommendations, tools, and services to growers we have to work with the best people in the industry. Phylos is known for delivering best-in-class genetics and support, but at its core Phylos is just an incredible team of caring people.”

A culture that is both collaborative and curious has been a key driver in Phylos’ innovation in Cannabis genetics. Company values include a genuine and deep respect for people and planet, diversity of background, and a passion for learning. Phylos believes that collaboration between people with unique viewpoints and skill sets results in better products for customers and a better workplace for its people.

“While some places say they are collaborative, we mean it,” says Julie Karassik, Vice President of Business Operations. “We encourage each other to stretch, be curious, learn, and grow. Our team is invigorated about pitching in and bringing different areas of expertise together to solve challenges, and celebrating when we discover something new or find a better way.”

In response to the covid pandemic, Phylos and its cultivation partner, Progressive Plant Research (PPR), activated a COVID Prevention Task Force to prioritize the health and safety of each employee. Other initiatives included virtual and safe in-person All Hands meetings, educational presentations, and continued expansion of a robust set of employee benefits. With Oregon, Washington, and California making up nearly 30% of available U.S. jobs in the industry (according to available jobs posted on as of December 23, 2021), recruiting top talent is competitive and the culture at Phylos and PPR is imperative to employee happiness and retention.

Recent milestones include the opening of its 80,000 square foot state-of-the-art breeding facility with PPR. In addition, the company has developed dozens of novel cultivars and discovered key genetic markers for numerous high value Cannabis and hemp traits, expanding its patent portfolio.

(This information is primarily sourced from Phylos.  Highly Capitalized has neither approved nor disapproved the contents of this news release. Read our Disclaimer here).

About the Author: News Team

Newsteam at Highly Capitalized are some of the most experienced writers in cannabis and psychedelics business & finance. We cover capital markets, finance, branding, marketing and everything important in between. Most of all, we follow the money.

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