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Cannabis

Social and cultural shifts accompanied by changes in laws spark new opportunities

Overview

Cannabis is a mind-altering drug derived from a plant called “Cannabaceae” and is consumed by either smoking or consuming products that have been infused with chemicals found in the plant, namely THC and CBD. While the drug has had a shaky history with the US government, several states have started legalizing the drug in both medical and recreational use cases due to shifting cultural sentiment about cannabis. For medical use cases, a consultation with a professional is required, and, in most instances, the patient is provided with a cannabis card that serves as a prescription at any authorized dispensary.

As of late 2022, around 38 states have legalized medical cannabis and around 19 states have legalized recreational cannabis. Estimates show that nine more states are slated to legalize recreational cannabis by 2030. This has led to an emergence of a cannabis economy, composed of cultivators, extractors and infusers, specialized retailers, prescribers, and consultants.

*Note: Currently, we do not actively cover this industry, but we have identified it as a potential industry to cover.

More details

Market Mapping


Incumbents
Growth
Early
Seed
Pre-Seed
Cultivators
?
Dispensaries
?
Extractors and infusers
?
Prescribers
?
Consultants and testers
?
MarijuanaDoctors.com
MarijuanaDoctors.com
MarijuanaDoctors.com
MarijuanaDoctors.com
MarijuanaDoctors.com
Canopy Growth Corporation
The Valens Company
Trulieve
Aphria Inc.
Aurora Cannabis
Phoena
The Cronos Group
Cresco Labs
TerrAscend
The Green Organic Dutchman Holdings
PharmaCann
Holistic Industries
Aleafia Health
Grassroots Cannabis
Canndescent
Jacana
Demecan
Lyphe group
Sanity Group
Revolution Global
Entourage Health
Flower One
Cannara Biotech
Caliva
Kadenwood
Fluresh
Tilray
Stability Cannabis
Avicanna
BOL Pharma
Greenlane
PharmaCielo
EMMAC Life Sciences
Compassionate Cultivation
IM Cannabis
Liberty Health Sciences
LivWell Enlightened Health
Khiron
Green Dot Labs
Miracle Leaf Health Centers
FarmaceuticalRx
Maitri Medicinals
AceCann
Best Buds
Natural State Medical Group
The Valens Company
Trulieve
Aphria Inc.
Medical Marijuana, Inc.
Dutchie
Cresco Labs
TerrAscend
The Green Organic Dutchman Holdings
PharmaCann
Eaze
Holistic Industries
Grassroots Cannabis
Bloom Medicinals
Canndescent
Lyphe group
Sanity Group
Revolution Global
Entourage Health
Caliva
Delta 9 Cannabis
Connected Cannabis
Fluresh
Stability Cannabis
Greenlane
Green Leaf Medical
Plus Products
Liberty Health Sciences
LivWell Enlightened Health
Miracle Leaf Health Centers
FarmaceuticalRx
Maitri Medicinals
Best Buds
Grassp Health
Futura Farms
Canopy Growth Corporation
Cannabis Sativa Inc.
The Valens Company
Trulieve
Aphria Inc.
Jazz Pharmaceuticals
Aurora Cannabis
Medical Marijuana, Inc.
Phoena
The Cronos Group
Cresco Labs
TerrAscend
The Green Organic Dutchman Holdings
PharmaCann
Holistic Industries
Aleafia Health
Grassroots Cannabis
Bloom Medicinals
Charlotte's Web
Lyphe group
Sanity Group
Revolution Global
Entourage Health
Flower One
Cannara Biotech
Caliva
Kadenwood
Delta 9 Cannabis
Fluresh
Tilray
Dixie Brands
Avicanna
Airgraft
BOL Pharma
Revive Therapeutics
Greenlane
PharmaCielo
EMMAC Life Sciences
Compassionate Cultivation
Plus Products
IM Cannabis
MGC Pharmaceuticals
LivWell Enlightened Health
Kiva Confections
Theraplant
Green Dot Labs
Proverde Laboratories
Miracle Leaf Health Centers
FarmaceuticalRx
AceCann
Best Buds
Cannabis Sativa Inc.
Aleafia Health
Bloom Medicinals
Lyphe group
Sanity Group
Entourage Health
Compassionate Cultivation
Canabo Medical
Miracle Leaf Health Centers
Grassp Health
Dr. Cannabis
Futura Farms
Elevate Holistics
MarijuanaDoctors.com
The Valens Company
Trulieve
Cansativa Group
Khiron
HelloMD
The Cannigma
Proverde Laboratories
Medicinal Genomics
Happy Cabbage
PotBotics
Montu Group
Natural State Medical Group

The Disruptors


Cultivators

?

Disruptors

?
Funding in USD Millions
Tilray
Public - Market cap USD 2.3 bn
TerrAscend
Public - Market cap USD 507.8 mn
Cannara Biotech
Public - Market cap USD 83.3 mn
PharmaCielo
Public - Market cap USD 54.5 mn
The Green Organic Dutchman Holdings
Public - Market cap USD 39.0 mn
Aleafia Health
Public - Market cap USD 32.2 mn
IM Cannabis
Public - Market cap USD 21.8 mn
Avicanna
Public - Market cap USD 21.2 mn
Khiron
Public - Market cap USD 19.5 mn
Entourage Health
Public - Market cap USD 12.2 mn
Greenlane
Public - Market cap USD 7.7 mn
Flower One
Public - Market cap USD 1.8 mn
Liberty Health Sciences
Public - Market cap Unknown
Cresco Labs
523
PharmaCann
303
Holistic Industries
156
Sanity Group
120
Revolution Global
118
Grassroots Cannabis
90
Caliva
75
Kadenwood
67
FarmaceuticalRx
58
Canndescent
57
Fluresh
51
Stability Cannabis
47
BOL Pharma
30
EMMAC Life Sciences
26
Jacana
25
Maitri Medicinals
25
Compassionate Cultivation
23
LivWell Enlightened Health
17
AceCann
15
Demecan
8
Best Buds
7
Lyphe group
6
Green Dot Labs
3
Miracle Leaf Health Centers
1
Natural State Medical Group
1

Dispensaries

?

Disruptors

?
Funding in USD Millions
TerrAscend
Public - Market cap USD 507.8 mn
The Green Organic Dutchman Holdings
Public - Market cap USD 39.0 mn
Delta 9 Cannabis
Public - Market cap USD 15.6 mn
Entourage Health
Public - Market cap USD 12.2 mn
Greenlane
Public - Market cap USD 7.7 mn
Liberty Health Sciences
Public - Market cap Unknown
Plus Products
Public - Market cap Unknown
Dutchie
603
Cresco Labs
523
PharmaCann
303
Eaze
203
Holistic Industries
156
Sanity Group
120
Revolution Global
118
Grassroots Cannabis
90
Bloom Medicinals
83
Caliva
75
FarmaceuticalRx
58
Canndescent
57
Connected Cannabis
55
Fluresh
51
Stability Cannabis
47
Maitri Medicinals
25
Green Leaf Medical
22
LivWell Enlightened Health
17
Best Buds
7
Lyphe group
6
Grassp Health
2
Miracle Leaf Health Centers
1
Futura Farms
0

Extractors and infusers

?

Disruptors

?
Funding in USD Millions
Tilray
Public - Market cap USD 2.3 bn
TerrAscend
Public - Market cap USD 507.8 mn
Charlotte's Web
Public - Market cap USD 84.3 mn
Cannara Biotech
Public - Market cap USD 83.3 mn
PharmaCielo
Public - Market cap USD 54.5 mn
Revive Therapeutics
Public - Market cap USD 54.4 mn
The Green Organic Dutchman Holdings
Public - Market cap USD 39.0 mn
MGC Pharmaceuticals
Public - Market cap USD 37.3 mn
Aleafia Health
Public - Market cap USD 32.2 mn
IM Cannabis
Public - Market cap USD 21.8 mn
Avicanna
Public - Market cap USD 21.2 mn
Delta 9 Cannabis
Public - Market cap USD 15.6 mn
Entourage Health
Public - Market cap USD 12.2 mn
Greenlane
Public - Market cap USD 7.7 mn
Flower One
Public - Market cap USD 1.8 mn
Plus Products
Public - Market cap Unknown
Cresco Labs
523
PharmaCann
303
Holistic Industries
156
Sanity Group
120
Revolution Global
118
Grassroots Cannabis
90
Bloom Medicinals
83
Caliva
75
Kadenwood
67
FarmaceuticalRx
58
Fluresh
51
Dixie Brands
37
Airgraft
33
BOL Pharma
30
EMMAC Life Sciences
26
Compassionate Cultivation
23
LivWell Enlightened Health
17
AceCann
15
Kiva Confections
12
Best Buds
7
Theraplant
7
Lyphe group
6
Green Dot Labs
3
Proverde Laboratories
3
Miracle Leaf Health Centers
1

Prescribers

?

Disruptors

?
Funding in USD Millions
Aleafia Health
Public - Market cap USD 32.2 mn
Entourage Health
Public - Market cap USD 12.2 mn
Canabo Medical
Public - Market cap Unknown
Sanity Group
120
Bloom Medicinals
83
Compassionate Cultivation
23
Lyphe group
6
Grassp Health
2
Miracle Leaf Health Centers
1
Dr. Cannabis
0
Futura Farms
0
Elevate Holistics
0
MarijuanaDoctors.com
Unknown

Consultants and testers

?

Disruptors

?
Funding in USD Millions
Khiron
Public - Market cap USD 19.5 mn
Cansativa Group
21
HelloMD
8
PotBotics
8
Montu Group
4
The Cannigma
3
Proverde Laboratories
3
Medicinal Genomics
3
Happy Cabbage
2
Natural State Medical Group
1

Tilray

Tilray provides pharmaceutical-grade cannabis products to patients, researchers, pharmacies and governments. Tilray cultivates and delivers the benefits of medical cannabis safely and reliably. Healthcare practitioners and patients expect and deserve only the best service and products. Accordingly, Tilray provides expedited delivery, prompt follow-up, and consistent quality of each strain they harvest.

Segment:
Cultivators
Total funding:
USD 48.6 million
Disruptor Funding History

Cultivators:

Tilray
TerrAscend
Cannara Biotech
PharmaCielo
The Green Organic Dutchman Holdings
Aleafia Health
IM Cannabis
Avicanna
Khiron
Entourage Health
Greenlane
Flower One
Liberty Health Sciences
Cresco Labs
PharmaCann
Holistic Industries
Sanity Group
Revolution Global
Grassroots Cannabis
Caliva
Kadenwood
FarmaceuticalRx
Canndescent
Fluresh
Stability Cannabis
BOL Pharma
EMMAC Life Sciences
Jacana
Maitri Medicinals
Compassionate Cultivation
AceCann
Demecan
Best Buds
Lyphe group
Green Dot Labs
Miracle Leaf Health Centers
Natural State Medical Group

Dispensaries:

TerrAscend
The Green Organic Dutchman Holdings
Delta 9 Cannabis
Entourage Health
Greenlane
Plus Products
Liberty Health Sciences
Dutchie
Cresco Labs
PharmaCann
Eaze
Holistic Industries
Sanity Group
Revolution Global
Grassroots Cannabis
Bloom Medicinals
Caliva
FarmaceuticalRx
Canndescent
Connected Cannabis
Fluresh
Stability Cannabis
Maitri Medicinals
Green Leaf Medical
Best Buds
Lyphe group
Grassp Health
Miracle Leaf Health Centers
Futura Farms

Extractors and infusers:

Tilray
TerrAscend
Charlotte's Web
Cannara Biotech
PharmaCielo
Revive Therapeutics
The Green Organic Dutchman Holdings
MGC Pharmaceuticals
Aleafia Health
IM Cannabis
Avicanna
Delta 9 Cannabis
Entourage Health
Greenlane
Flower One
Plus Products
Cresco Labs
PharmaCann
Holistic Industries
Sanity Group
Revolution Global
Grassroots Cannabis
Bloom Medicinals
Caliva
Kadenwood
FarmaceuticalRx
Fluresh
Dixie Brands
Airgraft
BOL Pharma
EMMAC Life Sciences
Compassionate Cultivation
AceCann
Kiva Confections
Best Buds
Theraplant
Lyphe group
Green Dot Labs
Proverde Laboratories
Miracle Leaf Health Centers

Notable Investors


No investor data is available

Funding data are powered by Crunchbase
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