About Origin House
Origin House is a Consumer company based in Ottawa (Canada) founded in 2015, and was acquired by Cresco Labs in April 2019. Cannabis distribution and brand development services are provided. The company has 17 employees. Origin House has completed 4 acquisitions, including Alta Supply, FloraCal Farms and River Distributing. Its focus areas include Healthcare and Cannabis Services.
Company details
Origin House was founded in 2015 and is headquartered in Ottawa, Canada. Operations are focused on the cannabis industry, where distribution services for products are managed across supply chains. Brand development support is also extended to partners, including marketing and strategic planning. Activities are conducted within regulatory frameworks of the Canadian market, ensuring compliance in all transactions and expansions.
- Headquarters Ottawa, Canada
- Employees 17
- Stage Acquired
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website originhouse.com
- Social LinkedIn X Facebook
- Acquired by Cresco Labs (Apr 2019)
- Latest Funding Round$500K (USD), Post-IPO
Jan 2020
- InvestorsCresco Labs
& 1 more
- Employee Count17
- Investments & AcquisitionsAlta Supply
& 3 more
- Acquired byCresco Labs
(Apr 2019)
Funding Insights of Origin House
- Total Rounds 8
- Last Round Post-IPO — $500,000
- First Round $13.4M
(Jan 2018)
- Investors Count 2
All 8 funding rounds of Origin House 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 |
|---|---|---|---|---|---|
| Jan 2020 | $500,000 | Post-IPO | – | – | – |
| Nov 2019 | $29.77M | Post-IPO | – | – | |
| Sep 2019 | $11.58M | Debt – Conventional | – | – | |
| Jul 2019 | $9.15M | Debt – Conventional | – | – | |
| Oct 2018 | $10.05M | Post-IPO | – | – | – |
| Jul 2018 | $30M | Post-IPO | – | – | – |
| Apr 2018 | $15M | Post-IPO | – | – | – |
| Jan 2018 | $13.4M | Post-IPO | – | – | – |
2 investors in total: 2 institutional.
Investors in Origin House
Origin House has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Cresco Labs and Opaskwayak Cree Nation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Retailer of cannabis based products | 2013 | crescolabs.com | Chicago, United States | |
| opaskwayakcreenation.ca |
Investor details for Origin House
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of Origin House
146 people are tracked at Origin House (68 in leadership, 1 in board & advisors, 77 in team); the tracked headcount is 17.
| Name | Role | Group |
|---|---|---|
Charlie Bachtell | Founder & CEO | Leadership |
Lane Goggin | Vice President, Retail Operations | Leadership |
Julia Garcia | Senior Art Director | Leadership |
Angie Demchenko | Chief People Officer | Leadership |
Scott Golden | Vice President, Public Affairs | Leadership |
Ty Gent | COO | Leadership |
Mary Lam | Vice President Of Tax & Treasury | Leadership |
Matthew Backer | Product Manager - Wholesale Supply Chain & Partner Integrations | Leadership |
Anika T. | Director, Retail Technology | Leadership |
Shane Goldberg | Senior Director, Real Estate | Leadership |
Gregory Butler | President | Leadership |
Joe Koziol | Vice President, Supply Chain | Leadership |
Thomas Burns | Director, Operations Strategy | Leadership |
Antoine W. | Human Resources Business Partner | Leadership |
David Bean | Senior Director, Risk Management And Operations | Leadership |
Lucas Chapman | Vp, Manufacturing & Product Development | Leadership |
Joe Johnson | VP Manufacturing Automation | Leadership |
Cherod Chappell | Vice President Human Resources | Leadership |
Lane Phillips | Medical Director | Leadership |
Tamer Mohamed | Vice President Of Manufacturing | Leadership |
126 more people are available in the full profile.
Complete people profiles for Origin House
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by Origin House
Origin House has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Alta Supply, FloraCal Farms and River Distributing.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Manufacturer of high-performance flying discs and sporting goods | 180smoke.ca | Toronto, Canada | 2012 | Sep 2018 | $19.27M | |
Medical cannabis products are branded and distributed by River Distributing. | rvrdc.com | San Francisco, United States | 2015 | Sep 2018 | •••• | |
Hand-grown cannabis products are produced and marketed by FloraCal Farms. | floracalfarms.com | Sonoma, United States | 2014 | Jul 2018 | $1M | |
Distributor of wholesale cocoa | altasupply.com | United States | 2015 | Nov 2017 | •••• |
Complete acquisition details for Origin House
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of Origin House
9 dated milestones of Origin House across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Origin House is founded.
- Acquisition Acquires Alta Supply.
- Funding First funding round of $13.4M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires FloraCal Farms.
- Acquisition Acquires River Distributing.
- Acquisition Acquires Smoke Vape Store.
- Exit Acquired by Cresco Labs.
- Funding Latest funding round, Post-IPO, of $500K.
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Frequently Asked Questions about Origin House
Origin House was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Origin House is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Origin House has 17 employees.
Origin House was founded in 2015 and is headquartered in Ottawa, Canada. Operations are focused on the cannabis industry, where distribution services for products are managed across supply chains. Brand development support is also extended to partners, including marketing and strategic planning. Activities are conducted within regulatory frameworks of the Canadian market, ensuring compliance in all transactions and expansions.
Origin House has made 4 acquisitions, including Alta Supply, FloraCal Farms, and River Distributing.
Origin House has 2 investors. Key investors include Cresco Labs, and Opaskwayak Cree Nation.
Yes. Origin House was acquired by Cresco Labs in April 2019.