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9 Startups in the Cannabis Industry

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Think Cannabis is boring and everything’s been done before?

Think again.

If you’re in the Cannabis industry or are interested in starting a company in this space, this article dives into 9 of the hottest fast-growing Cannabis startups.


9 Cannabis Startups

1) Leafly

1) Leafly

Leafly is the leading cannabis marketplace and resource in the world.

Details of the startup:

  • Country: United States
  • City: Seattle
  • Started in: 2010
  • Founders: Brian Wansolich, Cy Scott, Scott Vickers
  • Number of employees: 101-250
  • Funding amount: $40,808,437
  • Number of funding rounds: 3
  • Number of investors: 1

You can find their website here.

2) Sanity Group

2) Sanity Group

Sanity Group is a European cannabis firm that focuses on health, wellness, and scientific research.

Details of the startup:

  • Country: Germany
  • City: Berlin
  • Started in: 2018
  • Founders: Fabian Friede, Finn Age Haensel
  • Number of employees: 11-50
  • Funding amount: $78,559,152
  • Number of funding rounds: 5
  • Number of investors: 18

You can find their website here.

3) Flourish Software

3) Flourish Software

Flourish Software is a cannabis and hemp supply chain management “seed to sale tracking” tool.

Details of the startup:

  • Country: United States
  • City: Atlanta
  • Started in: 2017
  • Founders: Bennett Adams, Colton Griffin, Juan Carlos Garcia
  • Number of employees: 11-50
  • Funding amount: $2,100,000
  • Number of funding rounds: 2
  • Number of investors: 5

You can find their website here.

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4) Fyllo

4) Fyllo

For the cannabis sector, Fyllo provides compliance cloud enterprise grade software and database services.

Details of the startup:

  • Country: United States
  • City: Chicago
  • Started in: 2019
  • Founders: Aristotle Loumis, Chad Bronstein, Erik Shani
  • Number of employees: 101-250
  • Funding amount: $58,000,000
  • Number of funding rounds: 4
  • Number of investors: 10

You can find their website here.

5) Prima

5) Prima

Prima is a purpose-driven, best-in-class holistic wellness brand that elevates hemp-based CBD and functionally creative botanicals.

Details of the startup:

  • Country: United States
  • City: Santa Monica
  • Started in: 2018
  • Founders: Christopher Gavigan, Jessica Assaf, Laurel Angelica Myers
  • Number of employees: 1-10
  • Funding amount: $12,475,000
  • Number of funding rounds: 2
  • Number of investors: 10

You can find their website here.

6) PharmaCann

6) PharmaCann

PharmaCann is a vertically integrated and unified medicinal cannabis firm that is revolutionizing the cannabis industry.

Details of the startup:

  • Country: United States
  • City: Chicago
  • Started in: 2014
  • Founders: Teddy Scott
  • Number of employees: 251-500
  • Funding amount: $121,315,821
  • Number of funding rounds: 5

You can find their website here.

7) Ceva Santé Animale

7) Ceva Santé Animale

Ceva Sante Animale is a veterinary health corporation that specializes in pharmaceutical research, development, production, and marketing.

Details of the startup:

  • Country: France
  • City: Libourne
  • Started in: 1989
  • Number of employees: 5001-10000
  • Funding amount: € 200,000,000
  • Number of funding rounds: 6
  • Number of investors: 16

You can find their website here.

8) Somai Pharmaceuticals Ltd

8) Somai Pharmaceuticals Ltd

Somai Pharmaceuticals is a firm established in Ireland that specializes in the cultivation and development of cannabis-based therapeutic products for the European Union.

Details of the startup:

  • Country: Ireland
  • City: Dublin
  • Started in: 2019
  • Founders: Michael Sassano
  • Number of employees: 1-10
  • Funding amount: € 9,040,000
  • Number of funding rounds: 2

You can find their website here.

9) AVIDA Global

9) AVIDA Global

AVIDA is a leading global manufacturer of high-quality medicinal cannabis oils and isolates.

Details of the startup:

  • Country: Spain
  • City: San Ramón
  • Started in: 2018
  • Number of employees: 11-50
  • Funding amount: £3,007,894
  • Number of funding rounds: 2

You can find their website here.

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