CannaRegs

Denver, United States Founded: 2014 • Age: 12 yrs Acquired By Fyllo
Information on cannabis regulations is provided via a digital platform.

About CannaRegs

CannaRegs is an Agriculture company based in Denver (United States) founded in 2014, and was acquired by Fyllo in January 2020. Information on cannabis regulations is provided via a digital platform. It operates in the Agriculture and Technology sectors. CannaRegs has raised $2.5 million across 2 funding rounds from investors including Fyllo, MassRoots and Phyto Partners. The company was acqui-hired. Its focus areas include Enterprise Applications, Data as a Service, Industries and Food and Agriculture Tech. Its competitors include Headset, Happy Cabbage Analytics and Hoodie Analytics; 3 of its 3 listed competitors have raised funding.

Company details

Founded in 2014 and based in Denver, United States, CannaRegs operates a subscription-based digital platform in the cannabis sector. Laws, rules, and regulations from federal, state, county, and municipal sources are aggregated and made accessible. Coverage is currently focused on California, Colorado, Florida, and Nevada, with additional states planned for inclusion in the database.

  • Headquarters Denver, United States
  • Stage Acquired
  • Sectors
    Agriculture
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website cannaregs.com
  • Social LinkedIn X Facebook
  • Acquired by MassRoots (Aug 2017)
Key Metrics
  • Total Equity Funding
    $2.5M (USD)

    in 2 rounds

  • Latest Funding Round
    $2M (USD), Seed

    Feb 2019

  • Investors
    Fyllo

    & 2 more

  • Acquired by
    Fyllo

    & 1 more

    (Jan 2020)

Funding Insights of CannaRegs

CannaRegs has successfully raised a total of $2.5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in February 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 $2.5M
  • Total Rounds 2
  • Last Round Seed β€” $2M
  • First Round $500,000

    (Oct 2018)

  • Investors Count 1

All 2 funding rounds of CannaRegs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2019$2MSeed–Phyto Partners
–
Oct 2018$500,000Seed––
–
Valuation history

3 investors in total: 3 institutional.

Investors in CannaRegs

CannaRegs has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Fyllo, MassRoots and Phyto Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investment opportunities in neurowellness and cannabis industries are provided.
phytopartners.comBoca Raton, United States
Cannabis enthusiasts are connected through an app-based community platform.
2013massroots.comDenver, United States
Online marketing platform for cannabis brands and products is provided.
2018hellofyllo.comChicago, United States
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Investor details for CannaRegs

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  • Round participation
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Timeline of CannaRegs

5 dated milestones of CannaRegs across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded CannaRegs is founded.
  2. Exit Acquired by MassRoots.
  3. Funding First funding round of $500K.
  4. Funding Latest funding round, Seed, of $2.0M.
  5. Exit Acquired by Fyllo.

Competitors of CannaRegs

CannaRegs has 3 listed competitors in our database, 3 of them funded. They include Headset, Happy Cabbage Analytics and Hoodie Analytics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
headset.io2015Seattle, United States$36.63M49
Data and software are provided for cannabis retailers and suppliers.
happycabbage.io2019San Francisco, United States$5.8M
Marketing and data analytics solutions are offered for cannabis businesses.
hoodieanalytics.com2020Chicago, United States$5M
Market analytics software is provided for cannabis dispensary management.
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Detailed competitors of CannaRegs

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  • Full competitor set
  • Operating metrics
  • Benchmarks
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Top companies in Crop Tech & Equipment

3 companies that operate in the same segment as CannaRegs (Crop Tech & Equipment) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of plant-based food ingredients
2012St. Louis, Missouri, United StatesUSD 406.99 MUSD 470 M
Robotic equipment for automating weeding on vegetable farms is developed.
2016San Francisco, California, United StatesUSD 139.96 M73
Provider of farmers networking platform
2014San Carlos, California, United StatesUSD 981.09 M808
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Related news about Cannaregs

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Frequently Asked Questions about CannaRegs

CannaRegs was founded in 2014 and raised its 1st funding round 4 years after it was founded.

CannaRegs is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.

CannaRegs is a funded company, having raised a total of $2.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Oct 2018.

Founded in 2014 and based in Denver, United States, CannaRegs operates a subscription-based digital platform in the cannabis sector. Laws, rules, and regulations from federal, state, county, and municipal sources are aggregated and made accessible. Coverage is currently focused on California, Colorado, Florida, and Nevada, with additional states planned for inclusion in the database.

CannaRegs's top competitors include Happy Cabbage Analytics, Headset and Hoodie Analytics.

CannaRegs has 3 investors. Key investors include Fyllo, MassRoots, and Phyto Partners.

Yes. CannaRegs was acquired by MassRoots in August 2017.

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