Manitoba Harvest

Winnipeg, Canada Founded: 1998 • Age: 28 yrs Acquired By Tilray
Processor and distributor of hemp products

About Manitoba Harvest

Manitoba Harvest is a company based in Winnipeg (Canada) founded in 1998 was acquired by Tilray in February 2019.. Manitoba Harvest has completed 1 acquisition, including The Humble Seed. Manitoba Harvest offers products and services including Hemp Hearts, Protein and Fiber Powder, Hemp Seed Oil, and Superseed Granola and Oatmeal. Manitoba Harvest operates in a competitive market with competitors including Tridge, Consentio, Canada House, Ignite and Provender, among others.

  • Headquarter Winnipeg, Canada
  • Sectors
    Retail
    Agriculture
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Agriculture → Agricultural Technology & Innovation
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Tilray

    & 3 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Tilray

    & 1 more

    (Feb 19, 2019)

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Products & Services of Manitoba Harvest

Manitoba Harvest offers a comprehensive portfolio of products and services, including Hemp Hearts, Protein and Fiber Powder, Hemp Seed Oil, and Superseed Granola and Oatmeal. 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.

Primary

Shelled hemp seeds providing plant-based protein and omegas for nutrition.

Powder for adding protein and fiber to meals and smoothies.

Oil derived from hemp seeds for cooking and health benefits.

Granola and oatmeal enhanced with hemp for daily nutrition.

Funding Insights of Manitoba Harvest

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2012 Amount Private Equity Round - Manitoba Harvest Valuation Avrio Sub Debt , White Road Investments
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Manitoba Harvest

Manitoba Harvest has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Tilray, Avrio Sub Debt and White Road Investments. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage healthtech startups are invested in by White Road Investments.
Founded Year Domain Location
Flexible subordinated debt financing is offered for food and agriculture companies.
Founded Year Domain Location
Online e-distributor offering cannabis products for medical purposes
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Manitoba Harvest

Manitoba Harvest has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include The Humble Seed. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Producer of crackers
2009
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Manitoba Harvest

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Manitoba Harvest Comparisons

Employees
+
Add Comparison
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Competitors of Manitoba Harvest

Manitoba Harvest 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 Tridge, Consentio, Canada House, Ignite and Provender, 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
domain founded_year HQ Location
Farm products are traded via an online B2B marketplace.
domain founded_year HQ Location
App-based B2B marketplace for fruits and vegetables is operated.
domain founded_year HQ Location
Medical-grade cannabis is cultivated and cannabinoid therapy is provided globally.
domain founded_year HQ Location
Online marketplace platform for cannabis products is provided.
domain founded_year HQ Location
Operates a marketplace connecting farms to businesses for efficient goods supply.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Manitoba Harvest

Frequently Asked Questions about Manitoba Harvest

When was Manitoba Harvest founded?

Manitoba Harvest was founded in 1998 and raised its 1st funding round 14 years after it was founded.

Where is Manitoba Harvest located?

Manitoba Harvest is headquartered in Winnipeg, Canada. It is registered at Winnipeg, Manitoba, Canada.

What does Manitoba Harvest do?

Manitoba Harvest was established in 1998 in Winnipeg, Canada, within the hemp products sector. Hemp oils, powders, hearts, granola, protein blends, and other infused food items are processed and distributed. Operations focus on supplying these products to distributors and retailers across various markets, supporting the hemp-based food industry.

Who are the top competitors of Manitoba Harvest?

Manitoba Harvest's top competitors include Tridge, Ignite and Shop4me.

What products or services does Manitoba Harvest offer?

Manitoba Harvest offers Hemp Hearts, Protein and Fiber Powder, Hemp Seed Oil, and Superseed Granola and Oatmeal.

How many acquisitions has Manitoba Harvest made?

Manitoba Harvest has made 1 acquisition, including The Humble Seed.

Who are Manitoba Harvest's investors?

Manitoba Harvest has 4 investors. Key investors include Tilray, Avrio Sub Debt, White Road Investments, and Compass Diversified.

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