About Cannaray
Cannaray is a company based in London (United Kingdom) founded in 2018. Cannaray has raised $78.09 thousand across 1 funding round. The company has 3 employees. Cannaray has completed 1 acquisition, including Therismos. Cannaray operates in a competitive market with competitors including Tilray, Original Additions, First Natural Brands, Goodrays and The Health Store, among others.
- Headquarter London, United Kingdom
- Employees 3
- Stage Minicorn
- SectorsConsumer
- Website category Business and Consumer Services · Marketing and Advertising
- Email••••••••
- Website cannaraycbd.com
- Social X Facebook Instagram
- Legal Name Cannaray Brands Limited
- Date of Incorporation 04 Apr, 2019
- Jurisdiction MILTON KEYNES, UNITED KINGDOM
- Annual Revenue$586.57 K (USD)0as on Dec 31, 2020
- Net Profit-$5.2 M (USD)-42as on Dec 31, 2020
- Total Equity Funding$78.09K (USD)
in 1 rounds
- Latest Funding Round$78.09K (USD), Seed
May 2019
- Employee Count3
- Investments & Acquisitions
Funding Insights of Cannaray
Cannaray has successfully raised a total of $78.09K through 1 strategic funding round. The most recent funding activity was a Seed round of $78.09 thousand completed in May 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $78,092
- Total Rounds 1
- Last Round Seed — $78,092
- First Round $78,092
(May 2019)
All 1 funding rounds of Cannaray with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2019 | $78,092 | Seed | $2.49M | – | – |
| Date | Valuation | Stage |
|---|---|---|
| May 2019 | $2.49M | •••••••• |
Last known valuation $2.49M (May 2019).
Investments & Acquisitions by Cannaray
Cannaray has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Therismos.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Supply chain management services for unlicensed products and Controlled Drugs (CD) | therismos.co.uk | Bromsgrove, United Kingdom | 2011 | Sep 2019 | •••• |
Complete acquisition details for Cannaray
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Cannaray
4 dated milestones of Cannaray across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Cannaray is founded.
- Funding First funding round of $78K.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Therismos.
Competitors of Cannaray
Cannaray 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 Tilray, Original Additions, First Natural Brands, Goodrays and The Health Store, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tilray.com | 2013 | Leamington, Canada | $98.25M | – | Online e-distributor offering cannabis products for medical purposes | |
| originaladditions.com | 1978 | Hayes, United Kingdom | $3.84M | 72 | Cannabis-based wellness, personal care, and fragrance products are offered. | |
| fnlbrands.com | 1974 | United Kingdom | – | – | Brand of cannabis oil, skin care, and wellness products | |
| goodrays.com | 2016 | London, United Kingdom | $6.79M | – | Brand of cannabis gummies, oils, drinks, and other products | |
| thehealthstore.co.uk | 1932 | Nottingham, United Kingdom | – | – | Cannabis products are manufactured and distributed by The Health Store. | |
| phytopurbio.com | 2020 | London, United Kingdom | – | – | Cannabis-based skincare, pain relief, cosmetics, and oils are provided. | |
| dragonflycbd.com | 2016 | London, United Kingdom | – | – | Cannabis oils are manufactured by DragonflyCBD in London since 2016. | |
| bradleysbrand.com | 2014 | Watford, United Kingdom | – | – | Hemp oil and nicotine e-liquids are manufactured and distributed. |
Detailed competitors of Cannaray
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Cannaray
The website of Cannaray (cannaraycbd.com) receives about 26K visits a month and ranks #1,614,319 among all websites worldwide, #7,208 in Marketing and Advertising.
- Monthly visits26K
▲ 49.9% vs previous month
- Unique visitors7.7K
per month
- Global rank#1,614,319
among all websites
- Category rank#7,208
Business and Consumer Services · Marketing and Advertising
- Bounce rate50%
- Pages per visit1.4
- Average visit8 sec
- DevicesDesktop 24% · Mobile 76%
Websites whose visitors overlap most with Cannaray. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| marknteladvisors.com | 100% | 52.4K | #956,412 | View details |
Latest news on Cannaray
Complete news archive for Cannaray
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Cannaray
10 companies that operate in the same segment as Cannaray (Cannabis Industry & Retail), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Comprehensive management and consulting services for marijuana operations are provided. | 2010 | Culver City, California, United States | USD 202.64 M | USD 140.81 M | – | |
Online e-distributor offering cannabis products for medical purposes | 2013 | Leamington, Ontario, Canada | USD 98.25 M | USD 914.37 M | 2,840 | |
Cannabis-related health and wellbeing products are provided nationally. | 2002 | Chicago, Illinois, United States | – | USD 824.73 M | 4,600 | |
Cannabis plants and products services are provided by AWH. | 2014 | Cambridge, Massachusetts, United States | USD 134.83 M | USD 500.58 M | 2,300 | |
Medical cannabis products for sleep disorders are provided. | 2014 | Baltimore, Maryland, United States | USD 30.85 M | – | – | |
Distributor of cannabis based products | 2018 | Boca Raton, Florida, United States | USD 68.2 M | USD 268.3 M | 1,230 | |
Medical marijuana is produced and distributed by Aurora Cannabis. | 2006 | Edmonton, Alberta, Canada | – | USD 230.07 M | 1,100 | |
Cannabis products for health and wellbeing are developed and provided. | 1996 | Chicago, Illinois, United States | USD 120 M | USD 839.91 M | 3,800 | |
Hemp-based cannabinoid products are produced and distributed by Prima. | 2018 | Santa Monica, California, United States | USD 12.48 M | – | – | |
Platform for managing cannabis manufacturing operations is provided. | 1987 | Toronto, Ontario, Canada | – | USD 110.63 M | 388 |
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Frequently Asked Questions about Cannaray
Cannaray was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Cannaray is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Cannaray is a funded company, having raised a total of $78.09K across 1 funding round to date. The company's 1st funding round was a Seed of $78.09K, raised on May 2019.
Cannaray has 3 employees.
Annual revenue of Cannaray is $586.57K as on Dec 31, 2020.
Provider of cannabis-based wellness products to improve health. The products include oil, capsule, cream, tincture, balm, and gummies. These products help in reducing pain, sleep disorders, stress, depression, and improves homeostasis.
Cannaray's top competitors include Tilray, Goodrays and First Natural Brands.
Cannaray has made 1 acquisition, including Therismos.
The valuation of Cannaray is $2.49M as of May 2019.
Cannaray operates through Cannaray Brands Limited.