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Cannabis Startups

Updated July 2026

Companies in the cannabis sector developing innovative solutions and technologies.

Explore 345 recently funded cannabis companies with verified founder contact information and fundraising data.

Total Companies
345
Total Funding
$324.1M
Avg Funding
$13.0M
Global Reach
5
countries

Top Cities for Cannabis

Winnipeg
Douglas
Chicago
Vancouver
Phoenix
Ann Arbor

Recently Funded Companies

Export
Winnipeg, Canada

Delta 9 Cannabis is a company with a large, expanding production facility licensed to produce and sell medical marijuana.

$1.9M raised
Jun 2022

Founder Contacts

30,000+ verified contacts

Douglas, Isle of Man

GrowLab Organics is a medical cannabis company.

$1.2M raised
Jun 2023

Founder Contacts

30,000+ verified contacts

Chicago, United States

Tyson 2.0 is a cannabis company producing cannabis products known for purity, precision, and wide accessibility.

$9.0M raised
Jun 2022

Founder Contacts

30,000+ verified contacts

Vancouver, Canada

Core One Labs produces cannabis for oral consumption.

$219K raised
Jun 2024

Founder Contacts

30,000+ verified contacts

Phoenix, United States

4Front is an investment and management firm that focuses on cannabis industry.

$3.6M raised
Jun 2024

Founder Contacts

30,000+ verified contacts

Ann Arbor, United States

Glacier Cannabis offers premium small-batch craft cannabis for medical and adult use.

$595K raised
Jun 2023

Founder Contacts

30,000+ verified contacts

Mississauga, Canada

TerrAscend is a cannabis company that provides products, brands, and services to the cannabinoid market.

$21.7M raised
Jun 2026

Founder Contacts

30,000+ verified contacts

Berlin, Germany

Sanity Group is a cannabis company that provides cannabinoid-based pharmaceuticals and well-being products.

$12.3M raised
Jun 2024

Founder Contacts

30,000+ verified contacts

Los Angeles, United States

Shryne Group engages in the cultivation and retail of cannabis.

$170.0M raised
Jun 2022

Founder Contacts

30,000+ verified contacts

Kingsville, Canada

Cronos GrowCo is an Ontario-based cannabis company.

$51.2M raised
Jun 2024

Founder Contacts

30,000+ verified contacts

Scarborough, United States

Novel Beverage manufactures cannabis-infused beverages to support branded production in the emerging, legal cannabis beverage market.

$3.3M raised
Jun 2022

Founder Contacts

30,000+ verified contacts

Vancouver, Canada

Juva Life brings a depth of knowledge in the science and medicinal effects of cannabis.

$11.8M raised
Jun 2022

Founder Contacts

30,000+ verified contacts

Denver, United States

Long Play is a cannabis portfolio company that serves consumers in adult-use, medical, and wellness markets.

$500K raised
Jun 2024

Founder Contacts

30,000+ verified contacts

New Orleans, United States

Crescent Canna is a cannabis company offering high-potency CBD products and legal THC edibles.

$125K raised
Jun 2023

Founder Contacts

30,000+ verified contacts

Toronto, Canada

Avicanna is a biopharmaceutical company that focuses on the development of the medical cannabis space.

$429K raised
Jun 2026

Founder Contacts

30,000+ verified contacts

Sebastopol, United States

LeafWorks is a plant genomics company conducting research and developing commercial services for the cannabis and hemp markets.

$1.4M raised
Jun 2023

Founder Contacts

30,000+ verified contacts

Aurora, United States

Veritas Fine Cannabis operates as a recreational cannabis wholesaler.

$1.2M raised
Jun 2023

Founder Contacts

30,000+ verified contacts

Sacramento, United States

California Reserve Flower is an operator of cannabis cultivation company producing premium flowers and extracts.

$500K raised
Jun 2026

Founder Contacts

30,000+ verified contacts

Chicago, United States

Revolution is a craft cannabis company that focuses on cultivation, processing, and distribution of cannabis products.

$21.0M raised
May 2024

Founder Contacts

30,000+ verified contacts

Santa Monica, United States

Cannabis Mouth Spray

$242K raised
May 2022

Founder Contacts

30,000+ verified contacts

Miami, United States

UNITY is a functional food and beverage company specializing in CBD beverages.

$1.1M raised
May 2022

Founder Contacts

30,000+ verified contacts

Batavia, United States

Empire Hemp focuses on whole plant CBD infused topical skin care products.

$825K raised
May 2022

Founder Contacts

30,000+ verified contacts

Collie, Australia

Cannaponics is a vertically integrated medical cannabis business that makes use of cutting-edge biotechnology and renewable energy sources.

$5.0M raised
May 2023

Founder Contacts

30,000+ verified contacts

Riverside, United States

Canalyte Laboratories provides accurate testing results to meet the growing demands of the cannabis and hemp industries.

$1.8M raised
May 2022

Founder Contacts

30,000+ verified contacts

Park Ridge, United States

Socalea is a minority-owned social justice cannabis company.

$3.0M raised
May 2023

Founder Contacts

30,000+ verified contacts

Showing 76 to 100 of 345 companies

About the Cannabis Startup Ecosystem

The cannabis sector is an active area of startup innovation and venture capital investment. Companies in this space are developing new technologies, platforms, and services that address evolving market needs and create new business opportunities.

Funding Trends in Cannabis

Cannabis companies raise capital across various funding stages, from early seed rounds to late-stage growth financing. Investor interest in this sector is driven by the size of the addressable market, the pace of technology adoption, and the potential for scalable business models.

Growth Outlook

The cannabis sector is expected to continue evolving as technology advances, market dynamics shift, and new opportunities emerge. Companies that demonstrate strong product-market fit, efficient growth, and clear competitive advantages are well-positioned to attract continued investment.

Cannabis Funding Breakdown

Here is how funding is distributed among the 345 cannabis companies tracked in the VCBacked database.

Average Funding
$13.0M
Total Funding Tracked
$324.1M
Countries Represented
5

Distribution by Funding Stage

Other25 companies

Top Cities for Cannabis

1.Chicago
2 companies$30.0M
2.Vancouver
2 companies$12.0M
3.Winnipeg
1 companies$1.9M
4.Douglas
1 companies$1.2M
5.Phoenix
1 companies$3.6M

Related Industries

Companies in the cannabis sector often overlap with or complement businesses in adjacent industries. Exploring related verticals can help you discover additional companies, identify partnership opportunities, and understand the broader competitive landscape.

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345 Cannabis Startups (2026) — Recently Funded — Page 4 | VCBacked