About Cannabit
Cannabit is a company based in Edmonton (Canada) founded in 2017. It operates as a B2B, and SaaS. Cannabit offers products and services including Technology Platform and Newsletter Service. Cannabit operates in a competitive market with competitors including Dionymed, CannaOne Technologies and CommodiSupply, among others.
- Headquarter Edmonton, Canada
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Sectors
Consumer
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Phone
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Website
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Annual Revenue
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Net Profit
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Products & Services of Cannabit
Cannabit offers a comprehensive portfolio of products and services, including Technology Platform and Newsletter Service. 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.
Delivers end-to-end management tools for cannabis businesses operations
Provides updates on features and events for cannabis industry users
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Funding Insights of Cannabit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investments & Acquisitions by Cannabit
| 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 - Cannabit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Cannabit Comparisons
Competitors of Cannabit
Cannabit 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 Dionymed, CannaOne Technologies and CommodiSupply, 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 |
Platform offering support services to cannabis cultivators
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| domain | founded_year | HQ Location |
A software platform for cannabis industry operations is developed.
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| domain | founded_year | HQ Location |
A platform providing comprehensive cannabis inventory supply solutions to dispensaries.
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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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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Cannabit
When was Cannabit founded?
Cannabit was founded in 2017.
Where is Cannabit located?
Cannabit is headquartered in Edmonton, Canada. It is registered at Edmonton, Alberta, Canada.
What does Cannabit do?
Cannabit is a technology platform focused on the cannabis industry, delivering complete end-to-end solutions to help businesses manage operations, sales, and information. It includes features like newsletters for updates and team contacts for support. The platform targets cannabis companies in regions such as the US, Canada, and EU, enabling efficient business processes and staying informed on new features. Users can subscribe for ongoing updates and interact with the team for inquiries.
Who are the top competitors of Cannabit?
Cannabit's top competitors include Dionymed, CannaOne Technologies and CommodiSupply.
What products or services does Cannabit offer?
Cannabit offers Technology Platform and Newsletter Service.
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