About Deseret Wellness
Deseret Wellness is a company based in Provo (United States) founded in 2020 was acquired by Curaleaf in March 2023.. Deseret Wellness operates in a competitive market with competitors including Lucid Green, Curio Wellness, Wana Brands, CV Sciences and Parallel, among others.
- Headquarter Provo, United States
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Sectors
Consumer
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Phone
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Website
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Social
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Funding Insights of Deseret Wellness
| 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 Deseret Wellness
Deseret Wellness has secured backing from 1 investor. Prominent investors backing the company include Curaleaf. 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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Cannabis products are retailed through dispensaries in the United States.
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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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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Deseret Wellness
| 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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Deseret Wellness
| 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 |
Deseret Wellness Comparisons
Competitors of Deseret Wellness
Deseret Wellness 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 Lucid Green, Curio Wellness, Wana Brands, CV Sciences and Parallel, 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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Cannabis-based product information is provided for consumer education.
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Medical cannabis products for sleep disorders are provided.
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Cannabis-infused jellies in various flavors are developed for consumers.
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Cannabidiol-based pharmaceuticals and consumer products are developed and distributed.
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Parallel is engaged in AI-native product design and user experience solutions.
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Cannabis products are manufactured and retail services are provided.
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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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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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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Deseret Wellness
Frequently Asked Questions about Deseret Wellness
When was Deseret Wellness founded?
Deseret Wellness was founded in 2020.
Where is Deseret Wellness located?
Deseret Wellness is headquartered in Provo, United States. It is registered at Provo, Utah, United States.
What does Deseret Wellness do?
Deseret Wellness was founded in 2020 and is based in Provo, United States. Operations center on the medical cannabis sector, where branded products are developed for therapeutic applications. Services include product formulation, distribution, and compliance with regulatory standards in the wellness industry. The company serves regional markets, emphasizing quality control and accessibility for medical users across the United States.
Who are the top competitors of Deseret Wellness?
Deseret Wellness's top competitors include Curio Wellness, Lucid Green and Wana Brands.
Who are Deseret Wellness's investors?
Deseret Wellness has 1 investor. Key investors include Curaleaf.