About Strainz
Strainz is a Consumer company based in Las Vegas (United States) founded in 2013, and was acquired by Cannabis One in March 2021. Cannabis brand management company. Strainz has raised $6 million across 2 funding rounds from investors including Cannabis One. Strainz offers products and services including CBD Tinctures, Softgels, and Petz Tinctures. Its focus areas include Food and Agriculture, Food & Beverage Products, Beverages and Carbonated Soft Drinks. Its legal entity is Strainz, Inc.
Company details
Strainz was established in 2013 in Las Vegas, United States, as a cannabis brand management entity. A portfolio of premium-grade cannabis products is delivered through operations in the cannabis sector. Strategic partnerships are maintained with multiple state-licensed cultivation and production facilities to support product distribution and management across relevant geographies.
- Headquarters Las Vegas, United States
- Stage Acquired
- SectorsConsumer
- Email••••••••
- Website strainz.com
- Social LinkedIn X Facebook Instagram
- Acquired by Cannabis One (Mar 2021)
- Legal Name Strainz, Inc
- Total Equity Funding$6M (USD)
in 2 rounds
- Latest Funding Round$2M (USD), Debt – Conventional
Apr 2016
- Investors
- Acquired byCannabis One
(Mar 2021)
Products & Services of Strainz
Strainz offers a comprehensive portfolio of products and services, including CBD Tinctures, Softgels, and Petz Tinctures.
Tinctures for CBD consumption to support wellness.
Softgels providing CBD for easy daily ingestion.
CBD products designed for pets to aid anxiety.
Funding Insights of Strainz
Strainz has successfully raised a total of $6M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2 million completed in April 2016. 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 $6M
- Total Rounds 2
- Last Round Debt – Conventional — $2M
- First Round $6M
(Mar 2016)
All 2 funding rounds of Strainz 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 |
|---|---|---|---|---|---|
| Apr 2016 | $2M | Debt – Conventional | – | – | – |
| Mar 2016 | $6M | Series A | – | – | – |
1 investors in total: 1 institutional.
Investors in Strainz
Strainz has secured backing from 1 investor. Prominent investors backing the company include Cannabis One.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Licensed cannabis is cultivated and marijuana products are produced. | 2007 | cannabisone.life | Denver, United States |
Investor details for Strainz
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Strainz
1 people are tracked at Strainz (1 in leadership).
| Name | Role | Group |
|---|---|---|
Hugh Hempel | Co Founder, CEO | Leadership |
Complete people profiles for Strainz
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Strainz
4 dated milestones of Strainz across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Strainz is founded.
- Funding First funding round of $6.0M.
- Funding Latest funding round, Debt – Conventional, of $2.0M.
- Exit Acquired by Cannabis One.
Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as Strainz (Food & Beverage Products & Processing) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hens and cattle are reared to supply eggs and butter. | 2007 | Austin, Texas, United States | USD 49.96 M | USD 759.44 M | 598 | |
Provider of bakery-cafe services and a loyalty program | 1987 | St. Louis, Missouri, United States | USD 145.61 M | |||
Food, snacks, and beverages are produced and distributed globally. | 1898 | Purchase, New York, United States | USD 93.92 B | 319,000 |
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Related news about Strainz
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Frequently Asked Questions about Strainz
Strainz was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Strainz is headquartered in Las Vegas, United States. It is registered at Las Vegas, Nevada, United States.
Strainz is a funded company, having raised a total of $6M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Mar 2016.
Strainz was established in 2013 in Las Vegas, United States, as a cannabis brand management entity. A portfolio of premium-grade cannabis products is delivered through operations in the cannabis sector. Strategic partnerships are maintained with multiple state-licensed cultivation and production facilities to support product distribution and management across relevant geographies.
Strainz offers CBD Tinctures, Softgels, and Petz Tinctures.
Strainz has 1 investor. Key investors include Cannabis One.
Strainz operates through Strainz, Inc.
Yes. Strainz was acquired by Cannabis One in March 2021.