About Cannarie
Cannarie is a company based in Hyderabad (India) founded in 2019 by Rohan Goud. It operates as a B2C. Cannarie operates in a competitive market with competitors including Vireo Health, Demetrix, Nutritional High, THE BEEMINE LAB and DEMECAN, among others.
- Headquarter Hyderabad, India
- Founders Rohan Goud
- SectorsHealthcare
- Website cannarie.com
- Social X Facebook
- Legal Name Varka Labs Private Limited
- Date of Incorporation 13 Dec, 2019
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹1.8 Lakh
FY 2024 · -62% YoY
- Net Loss-₹1.5 Lakh
FY 2024 · -81% margin
- EBITDA-₹1.5 Lakh
FY 2024 · -81% margin
Associated legal entities of Cannarie
Cannarie operates through Varka Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Varka Labs Private Limited CIN U85300TG2019PTC137567 | Active | 13 Dec 2019 | Hyderabad, Telangana | ₹0.0 Cr | – | 2 | View details |
Board of directors of Varka Labs Private Limited (Cannarie)
Varka Labs Private Limited is the primary company behind Cannarie. The board of Varka Labs Private Limited currently have 2 directors; the longest-serving is Sigatapu Veeralakshmana Vardhan, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sigatapu Veeralakshmana Vardhan DIN 02118200 | Director | 13 Dec 2019 | 6 yrs 9 mo | Varka Labs Private Limited |
| Kapil Gupta DIN 00135173 | Director | 13 Dec 2019 | 6 yrs 9 mo | Varka Labs Private Limited |
People of Cannarie
1 people are tracked at Cannarie (1 in leadership).
| Name | Role | Group |
|---|---|---|
Rohan Goud | Co-Founder | Leadership |
Complete people profiles for Cannarie
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Financials of Cannarie
Figures of Varka Labs Private Limited, the primary company behind Cannarie, for FY 2024. Revenue was ₹1.8 Lakh (-62% year on year). Net loss was -₹1.5 Lakh (-81% margin). EBITDA was -₹1.5 Lakh (-81% margin). Revenue has grown at a compounded annual rate of +17% over three years.
- ₹1.8 LakhRevenue · FY 2024 · -62% YoY
- -₹1.5 LakhNet loss · -81% margin
- -₹1.5 LakhEBITDA · -81% margin
- ₹1 LakhPaid-up capital
- +17%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Varka Labs Private Limited are on its company page.
Detailed financial statements for Cannarie
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Competitors of Cannarie
Cannarie 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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vireohealth.com | 2004 | Minneapolis, United States | – | – | Cannabis plants are cultivated in greenhouses for wellness product development. | |
| demetrix.com | 2017 | Berkeley, United States | $61M | 77 | Cannabinoid ingredients for pharmaceuticals are produced via fermentation technology. | |
| nutritionalhigh.com | 2004 | Toronto, Canada | – | – | Cannabis-infused products are developed, manufactured, and distributed for consumers. | |
| thebeeminelab.com | 2018 | Madrid, Spain | $1.06M | – | Cannabis-derived nutritional and wellness products are offered online. | |
| demecan.de | 2017 | Berlin, Germany | $7.64M | – | Producer of medical cannabis | |
| alphagreen.io | 2019 | Covent Garden, United Kingdom | $4.85M | 5 | Online marketplace for cannabis products treating various diseases is operated. | |
| shopbeam.com | 2018 | Boston, United States | – | 16 | Provider of fine art photography prints and books | |
| thehealthhorizons.com | 2017 | Noida, India | $928,798 | – | Hemp-based wellness products for nutrition and personal care are provided. |
Detailed competitors of Cannarie
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Similar companies to Cannarie
10 companies that operate in the same segment as Cannarie (Alternative Medicine Products), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Homeopathic medicine manufacturing and online retail in India. | 1898 | Noida, Uttar Pradesh, India | – | USD 26.35 M | 1,192 | |
Operates an online store specializing in ayurvedic and homeopathic medicines. | 2016 | Delhi, Delhi, India | – | USD 1.25 M | 16 | |
Pharmaceutical therapies for smell and taste loss are developed. | 2014 | Washington, District Of Columbia, United States | USD 25.88 M | – | – | |
Offers Ayurvedic treatments, consultations, and products for various diseases and wellness. | 1992 | Faridabad, Haryana, India | – | USD 10.08 M | 570 | |
Ayurvedic company manufacturing natural soaps, body washes, and health products. | 1969 | Chennai, Tamil Nadu, India | – | USD 51.17 M | 418 | |
Chinese medicines are researched, developed, manufactured, and supplied. | 2001 | Heze, Shandong, China | – | USD 1.68 B | – | |
Herbal medicines and supplements for health categories are manufactured. | 1933 | Neumarkt-sankt Veit, Bavaria, Germany | – | USD 510.09 M | 196 | |
Provides Ayurvedic healing therapies, massages, and wellness services in India. | – | Kochi, Kerala, India | – | USD 230.35 K | 42 | |
Homeopathic medicines are supplied and distributed by Boiron worldwide. | 1932 | Newtown Square, Pennsylvania, United States | – | – | – | |
Ayurvedic personal and sexual wellness products are manufactured and distributed. | 2015 | Mumbai, Maharashtra, India | – | USD 15.13 M | 38 |
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Frequently Asked Questions about Cannarie
Cannarie was founded in 2019.
Cannarie is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
The primary company behind Cannarie, Varka Labs Private Limited, reported revenue of ₹1.8 Lakh for FY 2024, down 62% year on year.
Cannarie cannarie provides comprehensive solutions for hemp-based nutritional and wellness products, focusing on promoting health and well-being, supplying nutrition supplements, hemp-based goods, and wellness supplements. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Cannarie's top competitors include Vireo Health, Alphargreen Group Limited and Demetrix.
Cannarie operates through Varka Labs Private Limited.
The legal entities of Cannarie currently have 2 directors, including Sigatapu Veeralakshmana Vardhan, Kapil Gupta.