About Local Cannabis
Local Cannabis is a company based in Kansas City (United States) founded in 2016 by Howard Keum and Michael Bang. Local Cannabis has raised $30 million across 1 funding round from investors including Altmore Capital. Local Cannabis offers products and services including Premium Cannabis, Cannabis Genetics, and Educational Insights. Local Cannabis operates in a competitive market with competitors including Auxly, TerrAscend, Cresco Labs, Goodness Growth Holdings and Sweet Flower, among others.
- Headquarter Kansas City, United States
- Founders Howard Keum, Michael Bang
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$30 M (USD)
in 1 rounds
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Latest Funding Round
$30 M (USD), Series C
Dec 19, 2018
- Investors
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Employee Count
Not available
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Products & Services of Local Cannabis
Local Cannabis offers a comprehensive portfolio of products and services, including Premium Cannabis, Cannabis Genetics, and Educational Insights.
High-quality strains for consumer use and wellness.
Award-winning cultivars for cultivation and retail.
Resources on strains and consumption methods.
Funding Insights of Local Cannabis
Local Cannabis has successfully raised a total of $30M through 1 strategic funding round. The most recent funding activity was a Series C round of $30 million completed in December 2018. 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.
Investors in Local Cannabis
Local Cannabis has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Altmore Capital.
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Niche private investment opportunities are pursued across the U.S.
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Investor details for Local Cannabis
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Investments & Acquisitions by Local Cannabis
Investment portfolio details for Local Cannabis
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- Transaction dates
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Financial Statements - Local Cannabis
Detailed financials for Local Cannabis
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Local Cannabis Comparisons
Peer comparison for Local Cannabis
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Local Cannabis
Local Cannabis 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 Auxly, TerrAscend, Cresco Labs, Goodness Growth Holdings and Sweet Flower, among others.
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Platform for managing cannabis manufacturing operations is provided.
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Cannabis dispensaries are operated and medical products are retailed.
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Retailer of cannabis based products
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Retailer of cannabis products
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Provider of an E-commerce platform for cannabis products
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Offers cannabis dispensary and retail services
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Detailed competitors of Local Cannabis
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Local Cannabis
Complete news archive for Local Cannabis
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- Brand-specific news history
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Frequently Asked Questions about Local Cannabis
Local Cannabis was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Local Cannabis is headquartered in Kansas City, United States. It is registered at Kansas City, Missouri, United States.
Erin Carachilo is the current CEO of Local Cannabis.
Local Cannabis is a funded company, having raised a total of $30M across 1 funding round to date.
Local Cannabis was founded in 2016 and is based in Kansas City, United States. Operations focus on the cannabis sector, where medical and recreational marijuana products are provided through both physical retail locations and an online platform. Services include boutique experiences tailored to customer needs, with emphasis on accessibility for offline and digital purchases in a regulated market.
Local Cannabis's top competitors include Auxly, TerrAscend and Cresco Labs.
Local Cannabis offers Premium Cannabis, Cannabis Genetics, and Educational Insights.
Local Cannabis has 1 investor. Key investors include Altmore Capital.