About Blue Ridge Wellness
Blue Ridge Wellness is a company based in Parkville (United States) founded in 2017 was acquired by TerrAscend in June 2023.. Blue Ridge Wellness offers products and services including Flower, Edibles, Cartridges, and Pre-Rolls. Blue Ridge Wellness operates in a competitive market with competitors including Body and Mind, Harvest Care Medical, Silver State Relief, RISE Cannabis and High Haven Cannabis, among others.
- Headquarter Parkville, United States
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
TerrAscend
(Jun 27, 2023)
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Products & Services of Blue Ridge Wellness
Blue Ridge Wellness offers a comprehensive portfolio of products and services, including Flower, Edibles, Cartridges, and Pre-Rolls. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Dried cannabis buds for smoking or vaporizing.
Food items infused with cannabis for consumption.
Vape cartridges filled with cannabis oil.
Pre-rolled joints ready for use.
Funding Insights of Blue Ridge Wellness
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Blue Ridge Wellness
Blue Ridge Wellness has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include TerrAscend. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Cannabis dispensaries are operated and medical products are retailed.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Blue Ridge Wellness
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Blue Ridge Wellness
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Blue Ridge Wellness Comparisons
Competitors of Blue Ridge Wellness
Blue Ridge Wellness operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Body and Mind, Harvest Care Medical, Silver State Relief, RISE Cannabis and High Haven Cannabis, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Medical cannabis products are cultivated, manufactured, and distributed across operations.
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Retailer of medical cannabis
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Medical marijuana is retailed by Silver State Relief in Sparks.
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A cannabis retailer providing recreational and medical marijuana products.
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| domain | founded_year | HQ Location |
A brand specializing in cannabis-based medicines.
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A medical cannabis store is operated in Phoenix.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Blue Ridge Wellness
Frequently Asked Questions about Blue Ridge Wellness
When was Blue Ridge Wellness founded?
Blue Ridge Wellness was founded in 2017.
Where is Blue Ridge Wellness located?
Blue Ridge Wellness is headquartered in Parkville, United States.
What does Blue Ridge Wellness do?
Blue Ridge Wellness was founded in 2017 as a retailer specializing in cannabis medical products. Operations are based in Parkville, United States, where medical cannabis items are distributed to customers. The company is owned by Heidi Dhivya Berthoud. Focus is placed on providing access to wellness products within the regulated cannabis sector, serving local healthcare needs without additional services noted.
Who are the top competitors of Blue Ridge Wellness?
Blue Ridge Wellness's top competitors include Body and Mind, Harvest Care Medical and First State Compassion.
What products or services does Blue Ridge Wellness offer?
Blue Ridge Wellness offers Flower, Edibles, Cartridges, and Pre-Rolls.
Who are Blue Ridge Wellness's investors?
Blue Ridge Wellness has 1 investor. Key investors include TerrAscend.