About Redecan
Redecan is a company based in Pelham (Canada) founded in 2014 by Pete Montour, Will Montour, and Rick Redekop was acquired by HEXO in May 2021.. Redecan operates in a competitive market with competitors including Canopy Growth, Organigram, Cannara Biotech, C21 Investments and PharmaCielo, among others.
- Headquarter Pelham, Canada
- Founders Pete Montour, Will Montour, Rick Redekop
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Sectors
Agriculture
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Email
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Phone
*********
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Website
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Funding Insights of Redecan
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Redecan
Redecan has secured backing from 1 investor. Prominent investors backing the company include HEXO. 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.
| Investor | Description | Founded Year | Domain | Location |
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Cannabis-based products are manufactured by HEXO in Canada.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Redecan
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Redecan
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Redecan Comparisons
Competitors of Redecan
Redecan 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 Canopy Growth, Organigram, Cannara Biotech, C21 Investments and PharmaCielo, 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 |
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| domain | founded_year | HQ Location |
Cannabis products are provided to support consumer wellness and health.
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Provider of cannabis products, brands, and international business development investments
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Medicinal cannabis cultivation facility
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Cannabis and hemp-derived products are cultivated, processed, and supplied.
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Medicinal cannabis oil and products are produced in Colombia.
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Cannabis-derived nutritional and wellness products are provided by Aphria.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Redecan
Frequently Asked Questions about Redecan
When was Redecan founded?
Redecan was founded in 2014.
Where is Redecan located?
Redecan is headquartered in Pelham, Canada. It is registered at Pelham, Ontario, Canada.
What does Redecan do?
Redecan was founded in 2014 and is based in Pelham, Canada, operating in the medical cannabis sector. Cannabis strains are grown in a climate-controlled greenhouse in the Niagara peninsula, utilizing natural sunlight and controls for humidity and air quality. Preventive measures at lab standards are applied to minimize contamination. Products are processed, packaged, and distributed to registered patients, with orders facilitated through the companys website.
Who are the top competitors of Redecan?
Redecan's top competitors include Canopy Growth, Organigram and Cannara Biotech.
Who are Redecan's investors?
Redecan has 1 investor. Key investors include HEXO.
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