Green Tank Technologies

Toronto, Canada Founded: 2015 • Age: 11 yrs
Private label vape products including vaporizers and cartridges are manufactured.

About Green Tank Technologies

Green Tank Technologies is a Consumer company based in Toronto (Canada) founded in 2015. Private label vape products including vaporizers and cartridges are manufactured. Green Tank Technologies has raised $28.23 million across 4 funding rounds from investors including Organigram, Newstrike and Green Acre Capital. Its website greentanktech.com draws about 12 thousand monthly visits. Green Tank Technologies offers products and services including Quantum Distillate ONE, GT GO, GT AC, GT Palm, and GT Nano. Its focus areas include Retail, Cannabis Brands and Retailers, Retailers and Diversified. Its legal entity is Greentank Technologies. Its competitors include Auxly, TerrAscend and Neptune Wellness.

Company details

Green Tank Technologies was established in 2015 in Toronto, Canada. Operations focus on the cannabis vaping sector, where private label manufacturing is conducted for vaporizers, shatter pens, cartridges, and pods designed for cannabis oil. Cleaning accessories for vaporizers are also produced. The company serves as a supplier in the vape product industry, with its domain at greentanktech.com.

  • Headquarters Toronto, Canada
  • Sectors
    Consumer
  • Website category Health · Addictions
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website greentanktech.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Greentank Technologies
Operational Areas
Key Metrics
  • Total Equity Funding
    $28.23M (USD)

    in 4 rounds

  • Latest Funding Round
    $14.5M (USD), Series B

    Mar 2023

  • Investors
    Organigram

    & 5 more

Products & Services of Green Tank Technologies

Green Tank Technologies offers a comprehensive portfolio of products and services, including Quantum Distillate ONE, GT GO, GT AC, GT Palm, and GT Nano.

Quantum Distillate ONE
Cartridge

Advanced cartridge for distillate vaping with safety features.

GT GO
Cartridge

Cartridge designed for efficient aerosolization in vaping devices.

GT AC
Cartridge

All-ceramic cartridge for premium extract delivery in vaping.

GT Palm
Disposable

Disposable device for convenient and safe vaping experiences.

GT Nano
Disposable

Compact disposable vape for on-the-go aerosolization needs.

GT M3
Disposable

Disposable unit with enhanced performance for user satisfaction.

GT M8
Disposable

Disposable vape offering reliable and innovative technology.

GT Surge Series
Batteries

Battery series for powering advanced vaping hardware systems.

Funding Insights of Green Tank Technologies

Green Tank Technologies has successfully raised a total of $28.23M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $14.5 million completed in March 2023. 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 $28.23M
  • Total Rounds 4
  • Last Round Series B β€” $14.5M
  • First Round $3.28M

    (Mar 2018)

  • Investors Count 6

All 4 funding rounds of Green Tank Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2023$2MDebt – Conventional––
–
Mar 2023$14.5MSeries B–Organigram
–
Mar 2019$10.44MSeries A–Newstrike
Mar 2018$3.28MSeed–Green Acre Capital, Casa Verde Capital
Valuation history

6 investors in total: 4 institutional and 2 angel.

Investors in Green Tank Technologies

Green Tank Technologies has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Organigram, Newstrike and Green Acre Capital.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Green Acre Capital is focused on cannabis industry investments.
greenacrecapital.caCanada
Investment in cannabis industry startups is facilitated by Casa Verde.
2021casaverdecapital.com
Provider of cannabis products, brands, and international business development investments
2013organigram.caMoncton, Canada
Cannabis is cultivated and sold by Newstrike across Canada.
2004newstrike.caToronto, Canada

Alan Gertner

Angel investor, co-founder of Tokyo Smoke, focused on cannabis and tech startups.
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Lorne Gertner

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Investor details for Green Tank Technologies

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People of Green Tank Technologies

36 people are tracked at Green Tank Technologies (17 in leadership, 19 in team).

NameRoleGroup
Xingjian (Ted) Li
Director Of TestingLeadership
Maria Gabriela Bello
Director Of People And CultureLeadership
Allister Warren
Director Of SalesLeadership
Velly Zhang
Director Of QualityLeadership
George Oram
Vice President Of Engineering And Product DesignLeadership
Ringo Fang
VP Supply ChainLeadership
Corey Koffler
Co-Founder, Chief Operating OfficerLeadership
Jeremy Stepak
CFOLeadership
Derek Champoux
Vice President MarketingLeadership
Ron Schur
Senior Director, Client Services & OperationsLeadership
Eddy Wang, CPA
Director Of FinanceLeadership
Dustin Koffler
Co-Founder, Chief Executive OfficerLeadership
Viken Douzdjian
DirectorLeadership
Peter Machalek
Chief Revenue OfficerLeadership
Leon Tang
Director Of Operations(CN)Leadership
Luka Thurlbeck
Creative DirectorLeadership
Chris Zhu
General Manager Of GT ChinaLeadership
Julia Z.
Senior Product ManagerTeam
Matt Plickert
Senior Account ExecutiveTeam
Shikha Dhaliwal
Assistant ControllerTeam

16 more people are available in the full profile.

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Timeline of Green Tank Technologies

3 dated milestones of Green Tank Technologies across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Green Tank Technologies is founded.
  2. Funding First funding round of $3.3M.
  3. Funding Latest funding round, Series B, of $14.5M.

Competitors of Green Tank Technologies

Green Tank Technologies has 3 listed competitors in our database. They include Auxly, TerrAscend and Neptune Wellness.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
auxly.com1987Toronto, Canada
Platform for managing cannabis manufacturing operations is provided.
terrascend.com2017Mississauga, Canada
Cannabis dispensaries are operated and medical products are retailed.
neptunewellness.com1998Laval, Canada
Manufacturer of cannabis products and retail services
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Detailed competitors of Green Tank Technologies

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Web traffic of Green Tank Technologies

The website of Green Tank Technologies (greentanktech.com) receives about 11.7K visits a month and ranks #3,066,268 among all websites worldwide, #3,198 in Addictions.

  • Monthly visits
    11.7K

    ▲ 76.3% vs previous month

  • Unique visitors
    2.9K

    per month

  • Global rank
    #3,066,268

    among all websites

  • Category rank
    #3,198

    Health · Addictions

Similar websites

Websites whose visitors overlap most with Green Tank Technologies. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
bndlstech.com
100%
#605,717View details
ccell.com
ccell.com
99%
#481,934–
findinghaven.com
findinghaven.com
98%
#1,600,618–

Top companies in Cannabis Industry & Retail

3 companies that operate in the same segment as Green Tank Technologies (Cannabis Industry & Retail) in Canada, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online e-distributor offering cannabis products for medical purposes
2013Leamington, Ontario, CanadaUSD 98.25 MUSD 914.37 M2,840
Medical marijuana is produced and distributed by Aurora Cannabis.
2006Edmonton, Alberta, CanadaUSD 230.07 M1,100
Platform for managing cannabis manufacturing operations is provided.
1987Toronto, Ontario, CanadaUSD 110.63 M388
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Related news about Green Tank Technologies

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Frequently Asked Questions about Green Tank Technologies

Green Tank Technologies was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Green Tank Technologies is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Green Tank Technologies is a funded company, having raised a total of $28.23M across 4 funding rounds to date. The company's 1st funding round was a Seed of $3.28M, raised on Mar 2018.

Green Tank Technologies was established in 2015 in Toronto, Canada. Operations focus on the cannabis vaping sector, where private label manufacturing is conducted for vaporizers, shatter pens, cartridges, and pods designed for cannabis oil. Cleaning accessories for vaporizers are also produced. The company serves as a supplier in the vape product industry, with its domain at greentanktech.com.

Green Tank Technologies's top competitors include Auxly, TerrAscend and Neptune Wellness.

Green Tank Technologies offers Quantum Distillate ONE, GT GO, GT AC, GT Palm, and 4 more products and services.

Green Tank Technologies has 6 investors. Key investors include Organigram, Newstrike, Green Acre Capital, Casa Verde, and Alan Gertner.

Green Tank Technologies operates through Greentank Technologies.

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