About CannaWorx
CannaWorx is a company based in Ridgefield Park (United States) founded in 2019 by Bobby Ghalili and Adrienne Denese was acquired by Pressure BioSciences in April 2020.. CannaWorx has completed 1 acquisition, including Five Leaf Laboratories.
- Headquarter Ridgefield Park, United States
- Founders Bobby Ghalili, Adrienne Denese
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Sectors
Healthcare
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Pressure BioSciences
(Apr 29, 2020)
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Funding Insights of CannaWorx
| 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 |
Investors in CannaWorx
CannaWorx has secured backing from 1 investor. Prominent investors backing the company include Pressure BioSciences. 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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Biomolecular reactions are controlled via pressure cycling technology.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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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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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CannaWorx
CannaWorx has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Five Leaf Laboratories. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of hemp oil based medicated products
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2019 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - CannaWorx
| 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 |
Cannaworx Comparisons
Competitors of CannaWorx
| 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 CannaWorx
When was CannaWorx founded?
CannaWorx was founded in 2019.
Where is CannaWorx located?
CannaWorx is headquartered in Ridgefield Park, United States. It is registered at Ridgefield Park, New Jersey, United States.
What does CannaWorx do?
Founded in 2019 and based in Ridgefield Park, United States, CannaWorx operates in the cannabis sector. Diverse products, including those for pain relief, pharmaceuticals, skincare, nutraceuticals, agricultural, and veterinary applications, are developed using proprietary pressure technology, nanotechnology, and advanced delivery systems. FDA clearance has been obtained for these patented-pending items, which also encompass cosmetics and hemp-related offerings.
How many acquisitions has CannaWorx made?
CannaWorx has made 1 acquisition, including Five Leaf Laboratories.
Who are CannaWorx's investors?
CannaWorx has 1 investor. Key investors include Pressure BioSciences.