About Verse Cannabis
Verse Cannabis is a company based in Canada founded in 2020 was acquired by The Valens Company in September 2021.. Verse Cannabis operates in a competitive market with competitors including Vireo Health, Demetrix, Nutritional High, THE BEEMINE LAB and DEMECAN, among others.
- Headquarter Canada
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Sectors
Healthcare
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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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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
The Valens Company
(Sep 01, 2021)
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Funding Insights of Verse Cannabis
| 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 Verse Cannabis
Verse Cannabis has secured backing from 1 investor. Prominent investors backing the company include The Valens Company. 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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Cannabinoid-based products are developed through multiple extraction techniques.
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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 Verse Cannabis
| 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 - Verse Cannabis
| 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 |
Verse Cannabis Comparisons
Competitors of Verse Cannabis
Verse Cannabis 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 Vireo Health, Demetrix, Nutritional High, THE BEEMINE LAB and DEMECAN, 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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Cannabis plants are cultivated in greenhouses for wellness product development.
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Cannabinoid ingredients for pharmaceuticals are produced via fermentation technology.
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Cannabis-infused products are developed, manufactured, and distributed for consumers.
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Cannabis-derived nutritional and wellness products are offered online.
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Producer of medical cannabis
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Online marketplace for cannabis products treating various diseases is operated.
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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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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Verse Cannabis
Frequently Asked Questions about Verse Cannabis
When was Verse Cannabis founded?
Verse Cannabis was founded in 2020.
Where is Verse Cannabis located?
Verse Cannabis is headquartered in Canada.
What does Verse Cannabis do?
Verse Cannabis was founded in 2020 and is based in Canada. Operations focus on the cannabis sector, where CBD nutritional supplements are supplied. Products such as CBD oils, hydrocarbon crumble, vapes, and oils are offered to address conditions like pain, stress, and anxiety. The company maintains a presence through its domain, versecannabis.com, serving the nutritional supplement market.
Who are the top competitors of Verse Cannabis?
Verse Cannabis's top competitors include Vireo Health, Alphargreen Group Limited and Demetrix.
Who are Verse Cannabis's investors?
Verse Cannabis has 1 investor. Key investors include The Valens Company.