About Canna Farms
Canna Farms is a company based in Canada founded in 2013 by Ray Laflamme was acquired by VIVO Cannabis in July 2018.. Canna Farms offers products and services including Pink Kush, Canna Oil, and B.C. Bubble Hash. Canna Farms operates in a competitive market with competitors including Delta 9 Cannabis, ShinyBud, NOVA CANNABIS, Cannalogue and NewLeaf Cannabis, among others.
- Headquarter Canada
- Founders Ray Laflamme
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Sectors
Healthcare
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Email
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Phone
*********
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Website
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Social
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- Legal Name Canna Farms Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
VIVO Cannabis
(Jul 30, 2018)
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Products & Services of Canna Farms
Canna Farms offers a comprehensive portfolio of products and services, including Pink Kush, Canna Oil, and B.C. Bubble Hash. 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.
Cannabis flower product with high THC for medical use.
CBD-rich oil for patient wellness and relief.
High-THC hash extract for medical applications.
Funding Insights of Canna Farms
| 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 Canna Farms
Canna Farms has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include VIVO Cannabis. 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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Health-based cannabis products are manufactured for medical use.
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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 Canna Farms
| 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 - Canna Farms
| 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 |
Canna Farms Comparisons
Competitors of Canna Farms
Canna Farms 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 Delta 9 Cannabis, ShinyBud, NOVA CANNABIS, Cannalogue and NewLeaf 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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Cannabis wellness and recreational products are offered online.
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ShinyBud is engaged in retailing curated cannabis products.
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| domain | founded_year | HQ Location |
Medical and recreational cannabis products are sold via online pharmacy.
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| domain | founded_year | HQ Location |
Provides age verification services for secure website entry and content access.
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| domain | founded_year | HQ Location |
Cannabis wellness and recreational products are sold online.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Canna Farms
Frequently Asked Questions about Canna Farms
When was Canna Farms founded?
Canna Farms was founded in 2013.
Where is Canna Farms located?
Canna Farms is headquartered in Canada.
What does Canna Farms do?
Canna Farms was established in 2013 in Canada as an online pharmacy focused on medical cannabis. A variety of products, including CBD oil, tinctures, concentrates, capsules, topicals, flowers, vapes, and related items, is supplied to customers. Operations center on e-commerce distribution within the Canadian market, adhering to regulations for pharmaceutical cannabis access. The company is led by co-founder Ray Laflamme.
Who are the top competitors of Canna Farms?
Canna Farms's top competitors include Delta 9 Cannabis, NewLeaf Cannabis and NOVA CANNABIS.
What products or services does Canna Farms offer?
Canna Farms offers Pink Kush, Canna Oil, and B.C. Bubble Hash.
Who are Canna Farms's investors?
Canna Farms has 1 investor. Key investors include VIVO Cannabis.