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 Startups in the Cannabis Industry
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2,658 Accelerators & Incubators
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1,016 Unicorns
Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
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1,016 Unicorns
Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $501) 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
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
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.
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
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
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
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
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
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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