About CannMart
CannMart is a company based in Mississauga (Canada) founded in 2013.. CannMart has completed 1 acquisition, including Buds2Go. CannMart offers products and services including Liquid Diamond Vapes, BHO Infused Pre-Rolls, Milled Flower, Roilty, and Rilaxe. CannMart operates in a competitive market with competitors including Ace Valley, Cannvas MedTech, Van der Pop, Indigenous Bloom and Platinum Buds, among others.
- Headquarter Mississauga, Canada
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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 Cannmart Inc
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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
& 1 more
(Feb 02, 2024)
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Products & Services of CannMart
CannMart offers a comprehensive portfolio of products and services, including Liquid Diamond Vapes, BHO Infused Pre-Rolls, Milled Flower, Roilty, and Rilaxe. 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.
Vapes infused with cannabis extracts for consumption.
Pre-rolled cannabis items with BHO extraction for users.
Processed cannabis flower for various consumption methods.
BHO extracts and vapes for cannabis enthusiasts.
Dried-fruit edibles infused with cannabis for alternative use.
Funding Insights of CannMart
| 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 CannMart
CannMart has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Namaste Technologies. 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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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 CannMart
CannMart has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Buds2Go. 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.
| 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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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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Medicinal cannabis products and accessories are sold online.
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2017 |
| 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 - CannMart
| 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 |
Cannmart Comparisons
Competitors of CannMart
CannMart 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 Ace Valley, Cannvas MedTech, Van der Pop, Indigenous Bloom and Platinum Buds, 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 |
An e-commerce platform for cannabis products is operated.
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E-commerce platform for CBD products is provided.
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| domain | founded_year | HQ Location |
E-commerce platform for cannabis products and accessories is provided.
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| domain | founded_year | HQ Location |
Cannabis cultivation and retail company
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| domain | founded_year | HQ Location |
Offers a mobile application for cannabis buds delivery services.
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| 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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Latest news on Cannmart
Frequently Asked Questions about CannMart
When was CannMart founded?
CannMart was founded in 2013.
Where is CannMart located?
CannMart is headquartered in Mississauga, Canada. It is registered at Mississauga, Ontario, Canada.
What does CannMart do?
CannMart was established in 2013 in Mississauga, Canada, within the cannabis retail sector. An e-commerce platform is maintained for distributing products including live resin, dried flowers, pre-rolled joints, edibles, vape devices, oils, concentrates, and CBD items. Accessories such as glassware and vaporizers are also offered through the service, supporting online sales to consumers in the region.
Who are the top competitors of CannMart?
CannMart's top competitors include Ace Valley, Cannvas MedTech and Van der Pop.
What products or services does CannMart offer?
CannMart offers Liquid Diamond Vapes, BHO Infused Pre-Rolls, Milled Flower, Roilty, and Rilaxe.
How many acquisitions has CannMart made?
CannMart has made 1 acquisition, including Buds2Go.
Who are CannMart's investors?
CannMart has 1 investor. Key investors include Namaste Technologies.
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