![]() (Flow Kana) – Total Funding: $175,500,000įlow Kana is a California cannabis product brand focused on providing sustainable, sungrown cannabis to consumers. Investors include FJ Labs, Fresh VC, Slow Ventures and Casa Verde Capital. Self-dubbed the “Uber of pot,” the company hosts a cannabis marketplace where consumers can order marijuana from dispensaries and have it delivered at home. Eaze – Total Funding: $202,500,000Įaze is a San Francisco-based cannabis delivery company founded in 2014. states including Illinois, Maryland, Massachusetts, New York, Ohio and Pennsylvania.Īs well as cultivation, manufacturing and processing, the company operates the Verilife dispensary chain. PharmaCann – Total Funding: $206,315,821įounded in 2014, PharmaCann is a vertically integrated cannabis company with operations in six U.S. Investors include S ubversive Capital and Founders Fund. Founded in 2010, the company holds a portfolio of investments in Leafly, Tilray and Marley Natural. Privateer is a private equity firm investing in the cannabis space. Privateer Holdings – Total Funding: $228,000,000 Investors include Casa Verde Capital, Thrive Capital, Tiger Global Management, Gron Ventures, Thirty Five Ventures and Howard Schultz. The company provides dispensaries the technology needed to allow for “easy access to cannabis for everyone.” Dutchie – Total Funding: $253,000,000ĭutchie is an Oregon-based cannabis delivery platform connecting dispensaries with consumers in the U.S. Investors include Nosara Capital, Founders Fund, Thrive Capital, Lerer Hippeau, Phyto Partners and Snoop Dogg’s Casa Verde Capital. The company offers a wholesale marketplace for cannabis retailers, brands, and distributors, as well as financial, data and advertising services. ![]() LeafLink is a cannabis B2B platform founded in 2016 with the goal of streamlining the cannabis supply chain. CERE CERAF, a SPAC in the cannabis space. In February, the company announced intentions of going public through a merger with Ceres Acquisition Corp. Investors include Poseidon Asset Management and Patrón Spirits’ Edward Brown. The company operates approximately 50 locations nationwide, including 42 retail stores, cultivation and manufacturing sites. Parallel is a vertically integrated, multi-state cannabis company with operations in Pennsylvania, Texas, Illinois, Florida and Nevada. Investors include Fidelity, Poseidon Asset Management, Tiger Global Management, Tao Capital Partners and Sands Hill Angels. PAX devices are sold in select states across the US, Canada and retail stores throughout select European markets. The company produces several top-tier vaping products for cannabis consumers. Pax Labs is a manufacturer of electronic vaporizers with an eye on the premium consumer market. Vertical Companies – Total Funding: $58,000,000.Holistic Industries – Total Funding: $156,095,000.Privateer Holdings – Total Funding: $228,000,000.Releasing shares in a public exchange can sometimes become an operational nightmare, requiring entire teams to deal with filings and public disclosures.Īdditionally, selling part of a company to the public can dilute shareholder value and limit the management team's freedom to make decisions.įor these reasons, many companies decide to remain private if they can continue to secure capital through existing revenue or private financing.īelow is a list of the top 15 privately-held cannabis, CBD and hemp companies by total funding, according to Crunchbase data. While going public is an effective method for raising capital, it’s not necessarily the ultimate goal for every private company or startup. However, a substantial number of well-known privately-owned companies in the cannabis space continue to raise capital through private equity funding and have not listed their shares in public stock exchanges. ![]() For many people, investing in cannabis has become tantamount to buying shares of publicly-listed companies like Canopy Growth CGC, Curaleaf CURLF or Tilray TLRY.
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