About Shop CBD
Shop CBD is a company based in Quebec City (Canada) founded in 2007, and was acquired by Cannara Biotech in May 2020. Personal care products are retailed by Shop CBD in Canada. Shop CBD has raised $8.8 million across 1 funding round from investors including Cannara Biotech.
Company details
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.
- Headquarters Quebec City, Canada
- Stage Acquired
- Website shopcbd.com
- Social LinkedIn
- Acquired by Cannara Biotech (May 2020)
- Total Equity Funding$8.8M (USD)
in 1 rounds
- Latest Funding Round$8.8M (USD), Series A
Mar 2019
- Investors
- Acquired byCannara Biotech
(May 2020)
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 $8.8M
- Total Rounds 1
- Last Round Series A — $8.8M
- First Round $8.8M
(Mar 2019)
All 1 funding rounds of Shop CBD 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 |
|---|---|---|---|---|---|
| Mar 2019 | $8.8M | Series A | – | – | – |
1 investors in total: 1 institutional.
Investors in Shop CBD
Shop CBD has secured backing from 1 investor. Prominent investors backing the company include Cannara Biotech.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Medicinal cannabis cultivation facility | 2018 | cannara.ca | Montreal, Canada |
Investor details for Shop CBD
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Shop CBD
3 dated milestones of Shop CBD across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Shop CBD is founded.
- Funding First funding round of $8.8M.
- Exit Acquired by Cannara Biotech.
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Frequently Asked Questions about Shop CBD
Shop CBD was founded in 2007 and raised its 1st funding round 12 years after it was founded.
Shop CBD is headquartered in Quebec City, Canada. It is registered at Quebec City, Quebec, Canada.
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 2019.
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.
Shop CBD has 1 investor. Key investors include Cannara Biotech.
Yes. Shop CBD was acquired by Cannara Biotech in May 2020.