About Shop CBD
Shop CBD is a company based in Quebec City (Canada) founded in 2007 was acquired by Cannara Biotech in May 2020.. Shop CBD has raised $8.8 million across 1 funding round from investors including Cannara Biotech.
- Headquarter Quebec City, Canada
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.8 M (USD)
in 1 rounds
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Latest Funding Round
$8.8 M (USD), Series A
Mar 26, 2019
- Investors
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Employee Count
Employee Count
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Acquired by
Cannara Biotech
(May 26, 2020)
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Funding Insights of Shop CBD
Shop CBD has successfully raised a total of $8.8M through 1 strategic funding round. The most recent funding activity was a Series A round of $8.8 million completed in March 2019. 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 Total Funding
- Total Rounds 1
- Last Round Series A — $8.8M
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First Round
First Round
(26 Mar 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2019 | Amount | Series A - Shop CBD | Valuation |
investors |
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| 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 |
Investors in Shop CBD
Shop CBD has secured backing from 1 investor. Prominent investors backing the company include Cannara Biotech. 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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Medicinal cannabis cultivation facility
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Shop CBD
| 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 - Shop CBD
| 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 |
Shop Cbd Comparisons
Competitors of Shop CBD
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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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Frequently Asked Questions about Shop CBD
When was Shop CBD founded?
Shop CBD was founded in 2007 and raised its 1st funding round 12 years after it was founded.
Where is Shop CBD located?
Shop CBD is headquartered in Quebec City, Canada. It is registered at Quebec City, Quebec, Canada.
Is Shop CBD a funded company?
Shop CBD is a funded company, having raised a total of $8.8M across 1 funding round to date. The company's 1st funding round was a Series A of $8.8M, raised on Mar 26, 2019.
What does Shop CBD do?
Shop CBD was established in 2007 in Quebec City, Canada, where operations focus on the retail sector for personal care products. Items are distributed through the domain shopcbd.com, serving customers primarily in the Canadian market. The company maintains a presence in the personal care industry, with activities centered on product sales and distribution from its base in Quebec. No additional services beyond retailing are indicated.
Who are Shop CBD's investors?
Shop CBD has 1 investor. Key investors include Cannara Biotech.
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