About Lume
Lume is a Consumer company based in Troy (United States) founded in 1996. Cannabis products are cultivated, processed, and supplied. Lume has raised $18.5 million across 2 funding rounds. Its website lume.com draws about 353 thousand monthly visits. Lume offers products and services including Flower, Edibles, Pre-rolls, Concentrates, and Vapes. Its focus areas include Retail, Cannabis Brands and Retailers, Brands and Diversified. Its legal entity is Lume Cannabis, Inc. Its competitors include AWH, Jushi Holdings and Verano; 3 of its 3 listed competitors have raised funding.
Company details
Lume was founded in 1996 in Troy, United States. Operations in the cannabis sector are centered on cultivation and processing of various cannabis products. These products are subsequently supplied to distributors and consumers within regulated markets. The companys activities are conducted primarily in the United States, adhering to legal frameworks for cannabis handling. Geographic focus remains on domestic operations, with services encompassing full-spectrum production and distribution processes.
- Total Equity Funding$18.5M (USD)
in 2 rounds
- Latest Funding Round$18.5M (USD), Series B
Sep 2021
Products & Services of Lume
Lume offers a comprehensive portfolio of products and services, including Flower, Edibles, Pre-rolls, Concentrates, and Vapes.
High-THC cannabis flower for recreational and medical use.
Consumable cannabis items like gummies for varied effects.
Ready-to-use joints with infused options for convenience.
Potent extracts like rosin for advanced user experiences.
Disposable and cartridge vapes for on-the-go consumption.
Apps and channels of Lume
Lume publishes 2 mobile apps with over 1K+ downloads.
Funding Insights of Lume
Lume has successfully raised a total of $18.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $18.5 million completed in September 2021. 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 $18.5M
- Total Rounds 2
- Last Round Series B — $18.5M
- First Round $9M
(Feb 2021)
All 2 funding rounds of Lume with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2021 | $18.5M | Series B | – | – | – |
| Feb 2021 | $9M | Debt – Conventional | – | – | – |
People of Lume
23 people are tracked at Lume (13 in leadership, 10 in team).
| Name | Role | Group |
|---|---|---|
Bill Bye | Sr. Director Of Software Development | Leadership |
Marc Richardson | Chief Information Officer | Leadership |
John Gregory | Chief Marketing Officer | Leadership |
Alex Bonesteel | Director Of Customer Acquisition & Retention | Leadership |
Andrew Hoaglin | Vice President Human Resources | Leadership |
Zach Schreier | Sr. Director Of Marketing | Leadership |
David Morrow | Founder, President, Chief Executive Officer | Leadership |
Michael Bobos | Chief Financial Officer | Leadership |
Jimmy Sezwick | VP Product | Leadership |
Madeline G. | Director Of Retail Marketing | Leadership |
Kathryn Carr | Lead Human Resources Business Partner | Leadership |
Shaunna Beck | Human Resources Business Partner | Leadership |
Samantha Gray | HR Business Partner | Leadership |
Lindsey Abramowicz | Customer Experience Manager | Team |
Desarae Bloom | Creative Specialist | Team |
Dominic Pyrros | Retail Salesperson | Team |
Sherry Fox | Paralegal | Team |
Johnathon Lohner | Wholesale Purchasing Manager | Team |
John Abbo | General Counsel | Team |
Kerry Richmond | Cost Accountant | Team |
3 more people are available in the full profile.
Complete people profiles for Lume
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Lume
3 dated milestones of Lume across 25 years, from founding to its latest funding, stage changes and deals.
- Founded Lume is founded.
- Funding First funding round of $9.0M.
- Funding Latest funding round, Series B, of $18.5M.
Competitors of Lume
Lume has 3 listed competitors in our database, 3 of them funded. They include AWH, Jushi Holdings and Verano.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| awholdings.com | 2014 | Cambridge, United States | $134.83M | 3,307 | Cannabis plants and products services are provided by AWH. | |
| jushico.com | 2018 | Boca Raton, United States | $68.2M | 1,486 | Distributor of cannabis based products | |
| verano.com | 1996 | Chicago, United States | $120M | 3,780 | Cannabis products for health and wellbeing are developed and provided. |
Detailed competitors of Lume
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Lume
The website of Lume (lume.com) receives about 353.3K visits a month and ranks #87,810 among all websites worldwide, #2,644 in Restaurants and Delivery.
- Monthly visits353.3K
▼ 10.3% vs previous month
- Unique visitors150.4K
per month
- Global rank#87,810
among all websites
- Category rank#2,644
Food and Drink · Restaurants and Delivery
- Bounce rate35%
- Pages per visit6.1
- Average visit3 min 20 sec
- DevicesDesktop 17% · Mobile 83%
Websites whose visitors overlap most with Lume. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
sunnyside.shop | sunnyside.shop | 100% | #43,919 | – | |
exclusivemi.com | exclusivemi.com | 93% | #244,269 | – | |
shop.kingofbudz.com | shop.kingofbudz.com | 89% | #124,275 | – | |
| cornbreadhemp.com | 85% | #85,733 | View details | ||
gigli.com | gigli.com | 85% | #519,691 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Lume
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Cannabis Industry & Retail
3 companies that operate in the same segment as Lume (Cannabis Industry & Retail) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Comprehensive management and consulting services for marijuana operations are provided. | 2010 | Culver City, California, United States | USD 202.64 M | USD 140.81 M | ||
Cannabis-related health and wellbeing products are provided nationally. | 2002 | Chicago, Illinois, United States | USD 824.73 M | 4,600 | ||
Cannabis plants and products services are provided by AWH. | 2014 | Cambridge, Massachusetts, United States | USD 134.83 M | USD 500.58 M | 2,300 |
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Related news about Lume
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Frequently Asked Questions about Lume
Lume was founded in 1996 and raised its 1st funding round 25 years after it was founded.
Lume is headquartered in Troy, United States.
Lume is a funded company, having raised a total of $18.5M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $9M, raised on Feb 2021.
Lume was founded in 1996 in Troy, United States. Operations in the cannabis sector are centered on cultivation and processing of various cannabis products. These products are subsequently supplied to distributors and consumers within regulated markets. The companys activities are conducted primarily in the United States, adhering to legal frameworks for cannabis handling. Geographic focus remains on domestic operations, with services encompassing full-spectrum production and distribution processes.
Lume's top competitors include AWH, Jushi Holdings and Verano.
Lume offers Flower, Edibles, Pre-rolls, Concentrates, and Vapes.
Lume operates through Lume Cannabis, Inc..
Yes. Lume publishes Lume and 1 more app, with over 1,000 downloads.
The website of Lume receives about 353 thousand visits a month and ranks #87,810 among all websites worldwide.