About CannaCare Health
CannaCare Health is a company based in Hamburg (Germany) founded in 2018 was acquired by Synbiotic in August 2023.. CannaCare Health offers products and services including CBD Oil, Muskelgel with CBD, and HOMEGROW Products. CannaCare Health operates in a competitive market with competitors including Vireo Health, Demetrix, Nutritional High, THE BEEMINE LAB and DEMECAN, among others.
- Headquarter Hamburg, Germany
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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 Cannacare Health Gmbh
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Products & Services of CannaCare Health
CannaCare Health offers a comprehensive portfolio of products and services, including CBD Oil, Muskelgel with CBD, and HOMEGROW Products. 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.
High-quality oil derived from hemp for consumer wellness and relief.
Warming gel with CBD for muscle relief and daily use.
Range of hemp strains for personal wellness applications.
Funding Insights of CannaCare Health
| 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 |
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Investors in CannaCare Health
CannaCare Health has secured backing from 3 investors. Prominent investors backing the company include Synbiotic, Greenrise Global and Elixinol Global. 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 products are bought and sold via an online marketplace.
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Medical cannabis and wellness therapy services are provided globally.
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Hemp-derived CBD nutraceuticals are manufactured for health and fitness needs.
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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 CannaCare Health
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CannaCare Health
| 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 |
Cannacare Health Comparisons
Competitors of CannaCare Health
CannaCare Health 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 Vireo Health, Demetrix, Nutritional High, THE BEEMINE LAB and DEMECAN, 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 |
Cannabis plants are cultivated in greenhouses for wellness product development.
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Cannabinoid ingredients for pharmaceuticals are produced via fermentation technology.
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Cannabis-infused products are developed, manufactured, and distributed for consumers.
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Cannabis-derived nutritional and wellness products are offered online.
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Producer of medical cannabis
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Online marketplace for cannabis products treating various diseases is operated.
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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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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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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cannacare Health
Frequently Asked Questions about CannaCare Health
When was CannaCare Health founded?
CannaCare Health was founded in 2018.
Where is CannaCare Health located?
CannaCare Health is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.
What does CannaCare Health do?
CannaCare Health was founded in 2018 in Hamburg, Germany, and operates in the health and wellness sector focused on cannabidiol. A range of products, including food supplements, cooling muscle gels, and cosmetics derived from hemp-derived phytocannabinoids, is manufactured. These items are distributed to pharmacies under the CANOBO brand, supporting retail access in the European market.
Who are the top competitors of CannaCare Health?
CannaCare Health's top competitors include Vireo Health, Alphargreen Group Limited and Demetrix.
What products or services does CannaCare Health offer?
CannaCare Health offers CBD Oil, Muskelgel with CBD, and HOMEGROW Products.
Who are CannaCare Health's investors?
CannaCare Health has 3 investors. Key investors include Synbiotic, Greenrise Global, and Elixinol Global.