Terrace Global

Toronto, Canada Founded: 2018 • Age: 8 yrs Acquired By Flowr
Recreational and medical cannabis products are developed internationally.
Annual revenue - Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Terrace Global

Terrace Global is a company based in Toronto (Canada) founded in 2018 by Michael Galego, Francisco Ortiz, and Stephen Arbib was acquired by Flowr in October 2020. Terrace Global operates in a competitive market with competitors including ZYUS Life Sciences, Sanity Group, Terraflos, Avicanna and Little Green Pharma, among others.

  • Headquarter Toronto, Canada
  • Founders Michael Galego, Francisco Ortiz, Stephen Arbib
  • Stage Public
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $15 M (USD), Post-IPO

    Aug 21, 2020

  • Investors
    Flowr

    & 1 more

  • Employee Count
    Not available
  • Acquired by
    Flowr

    (Oct 19, 2020)

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People of Terrace Global

Headcount 1-10
Employee Profiles 6
Board Members and Advisors 7
Employee Profiles
People
Francisco Ortiz
CEO, Co-Founder & Director
People
Michael Galego
Co-Founder, CLO & Director
People
John Chou
CFO
People
Ben Wedeking
Head Of Cultivation

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Board Members and Advisors
people
Lorne Gertner
Advisor
people
Jonathan Goldman
Co-Founder & Advisor
people
Maria Consuelo Araujo
Advisor
people
James Peterson
Advisor

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Funding Insights of Terrace Global

Investors in Terrace Global

Terrace Global has secured backing from 2 investors. Prominent investors backing the company include Flowr and Goldman Venture.

All
Investor Description Founded Year Domain Location
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Cannabis products are supplied in the Canadian market.
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Investor details for Terrace Global

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  • Participation history

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Investments & Acquisitions by Terrace Global

Investments
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Investment portfolio details for Terrace Global

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  • Transaction dates
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Financial Statements - Terrace Global

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Detailed financials for Terrace Global

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  • Profit trends
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Terrace Global Comparisons

Terrace Global Primary company
Description
Recreational and medical cannabis products are developed int...
Location
Toronto, Canada
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Terrace Global

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Competitors of Terrace Global

Terrace Global 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 ZYUS Life Sciences, Sanity Group, Terraflos, Avicanna and Little Green Pharma, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cannabis-derived therapeutics for multiple indications are developed.
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Developer of cannabinoid-based pharmaceuticals and well-being products
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Medical cannabis products are provided based on GMP processes.
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Plant-derived cannabinoid products are developed for medical and consumer uses.
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Manufacturer of medicinal cannabis for therapeutic use
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Developer of medical cannabis products
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Detailed competitors of Terrace Global

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Latest news on Terrace Global

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Complete news archive for Terrace Global

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Frequently Asked Questions about Terrace Global

Terrace Global was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Terrace Global is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Michael Galego is the current CEO of Terrace Global. They have also founded this company.

Terrace Global was founded in 2018 and is headquartered in Toronto, Canada. Operations in the cannabis sector involve the development and acquisition of international assets. Recreational and medical cannabis products are produced through these efforts. The company maintains a focus on expanding its global footprint in the industry, with activities centered on asset integration and product innovation.

Terrace Global's top competitors include Avicanna, ZYUS Life Sciences and Neocannbio.

Terrace Global has 2 investors. Key investors include Flowr, and Goldman Venture.

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