About Zenabis
Zenabis is a company based in Surrey (Canada) founded in 2014 by Rick Brar, and was acquired by HEXO in February 2021. Producer of medical marijuana. Zenabis has raised $1 million across 3 funding rounds from investors including HEXO, RC Morris and Songhees Nation. Zenabis has completed 1 acquisition, including Hillsboro Group of Companies.
Company details
Zenabis was established in 2014 in Surrey, Canada, as a licensed producer in the medical cannabis sector. Operations focus on the cultivation, research, and development of cannabis products intended for therapeutic applications. Distribution services are provided to authorized patients and healthcare providers throughout Canada, adhering to regulatory standards for quality and safety in the industry.
- Headquarters Surrey, Canada
- Founders Rick Brar
- Stage Acquired
- Email••••••••
- Phone•••• ••••
- Website zenabis.com
- Social LinkedIn X Facebook
- Acquired by HEXO (Feb 2021)
Funding Insights of Zenabis
Zenabis has successfully raised a total of $1M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $50 million completed in July 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 $1M
- Total Rounds 3
- Last Round Debt – Conventional — $50M
- First Round $1M
(Oct 2018)
- Investors Count 2
All 3 funding rounds of Zenabis 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 |
|---|---|---|---|---|---|
| Jul 2019 | $50M | Debt – Conventional | – | – | |
| Apr 2019 | $15M | Post-IPO | – | – | – |
| Oct 2018 | $1M | Seed | – | – |
3 investors in total: 3 institutional.
Investors in Zenabis
Zenabis has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include HEXO, RC Morris and Songhees Nation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A private asset management firm focused on debt investments. | rcmorris.com | Vancouver, Canada | ||
Songhees Nation is dedicated to supporting the lək̓ʷəŋən community. | songheesnation.ca | Victoria, Canada | ||
Cannabis-based products are manufactured by HEXO in Canada. | 2013 | hexocorp.com | Gatineau, Canada |
Investor details for Zenabis
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
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People of Zenabis
23 people are tracked at Zenabis (8 in leadership, 7 in board & advisors, 8 in team).
| Name | Role | Group |
|---|---|---|
Rick Brar | Co-Founder | Leadership |
Mohammed al Nakshabandi Mba, Pmp, Cobit, , McSe | Project Manager And Chief Of IT Operation And PMO | Leadership |
Philip Silver | Director Facility | Leadership |
Jackie Fletcher | Vice-President, Innovation | Leadership |
Mona Matta | Vice-President, People & Culture | Leadership |
Rick Redekop | Vice-President, Cultivation & Operations | Leadership |
Julius Ivancsits | Chief Financial Officer | Leadership |
Charlie Bowman | President & CEO | Leadership |
Hélène F. Fortin | Director | Board & advisors |
Vincent Chiara | Director | Board & advisors |
Mark Attanasio | Chair | Board & advisors |
Will Montour | Director | Board & advisors |
Denise Faltischek | Director | Board & advisors |
Roger Savell | Director | Board & advisors |
Rob Godfrey | Chair of the ESG Committee and Director | Board & advisors |
Joelle Maurais | General Counsel | Team |
Lana Gallie | Project Controller | Team |
Maryse Doucet | Cultivation Technician | Team |
Savoie Karl | Project & Trade Coordinator | Team |
Chris Orth | Cultivator | Team |
3 more people are available in the full profile.
Complete people profiles for Zenabis
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by Zenabis
Zenabis has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Hillsboro Group of Companies.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Real estate investments are managed by this single family office. | hillsboro.ca | Calgary, Canada | 1982 | Jan 2019 | •••• |
Complete acquisition details for Zenabis
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Zenabis
6 dated milestones of Zenabis across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Zenabis is founded.
- Funding First funding round of $1.0M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Hillsboro Group of Companies.
- Funding Latest funding round, Debt – Conventional, of $50.0M.
- Exit Acquired by HEXO.
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Related news about Zenabis
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Frequently Asked Questions about Zenabis
Zenabis was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Zenabis is headquartered in Surrey, Canada. It is registered at Surrey, British Columbia, Canada.
Zenabis is a funded company, having raised a total of $1M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Oct 2018.
Zenabis was established in 2014 in Surrey, Canada, as a licensed producer in the medical cannabis sector. Operations focus on the cultivation, research, and development of cannabis products intended for therapeutic applications. Distribution services are provided to authorized patients and healthcare providers throughout Canada, adhering to regulatory standards for quality and safety in the industry.
Zenabis has made 1 acquisition, including Hillsboro Group of Companies.
Zenabis has 3 investors. Key investors include HEXO, RC Morris, and Songhees Nation.
Yes. Zenabis was acquired by HEXO in February 2021.