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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
$399.0M
Avg Funding
$16.0M
Global Reach
3
countries

Top Cities for Cannabis

Nanaimo
London
West Palm Beach
Boca Raton
Las Vegas
Vancouver

Recently Funded Companies

Export
Nanaimo, Canada

Tilray is a cannabis-lifestyle and consumer packaged goods company that offers cannabis, hemp-based foods, and craft beverages.

$150.0M raised
May 2023

Founder Contacts

30,000+ verified contacts

London, United Kingdom

Lyphe group is a reliable supplier of medical cannabis care and medicine.

$6.3M raised
May 2022

Founder Contacts

30,000+ verified contacts

West Palm Beach, United States

Advanced Flower Capital is an institutional lender to cannabis companies with strong operations and cash-flow prospects.

May 2025

Founder Contacts

30,000+ verified contacts

Boca Raton, United States

Smart for Life markets and manufactures nutritional foods and supplements for the global nutraceutical marketplace.

$900K raised
May 2023

Founder Contacts

30,000+ verified contacts

Las Vegas, United States

Planet 13 is a cannabis dispensary superstore and entertainment complex providing interactive entertainment and cannabis products.

$54.4M raised
May 2024

Founder Contacts

30,000+ verified contacts

Vancouver, Canada

Light AI is an emerging Artificial Intelligence company specializing in advanced medical imaging technologies

$3.6M raised
May 2026

Founder Contacts

30,000+ verified contacts

Saskatoon, Canada

ZYUS is a biopharmaceutical company that offers patients cannabinoid and other phyto-therapeutic medical solutions.

$505K raised
May 2026

Founder Contacts

30,000+ verified contacts

Evergreen, United States

Manufacturer of wellness products for athletes and consumers from organic phytocannabinoids.

$500K raised
May 2023

Founder Contacts

30,000+ verified contacts

Lincoln, United States

Kore Compliance uses a contemporary payment alternative to cash or cashless ATMs to modernize retail cannabis.

$525K raised
May 2022

Founder Contacts

30,000+ verified contacts

Toronto, Canada

Hempsana is a cannabis extraction and purification company that produces cannabinoid oils and cannabis-infused products.

$900K raised
May 2023

Founder Contacts

30,000+ verified contacts

Salisbury, United States

Root & Bloom is an adult-use cannabis cultivation and product manufacturing company.

$1.8M raised
May 2022

Founder Contacts

30,000+ verified contacts

Gloucester City, United States

HoneyGrove operates cannabis dispensaries offering flower, edibles, concentrates, and online ordering services.

$2.0M raised
May 2022

Founder Contacts

30,000+ verified contacts

Toronto, Canada

PharmaCielo is a global company privately held and headquartered in Canada.

$3.5M raised
May 2022

Founder Contacts

30,000+ verified contacts

London, United Kingdom

Celadon's objective is to improve the quality of life for the most vulnerable people by producing cannabis-based medications.

$2.6M raised
May 2024

Founder Contacts

30,000+ verified contacts

Lafayette, United States

urban-gro provides integrated architectural, engineering & cultivation systems integration for Controlled Environment Agriculture facilities

$2.0M raised
Apr 2026

Founder Contacts

30,000+ verified contacts

Storrs Mansfield, United States

3BC is a cannabinoid company that produces high-purity solvent-less CBN and non-GMO.

$375K raised
Apr 2022

Founder Contacts

30,000+ verified contacts

London, United Kingdom

Cannaray is a leading European cannabis company spanning both medical THC and CBD wellness brands.

$13.1M raised
Apr 2022

Founder Contacts

30,000+ verified contacts

Albuquerque, United States

FireFlower connects cannabis businesses from inception through execution.

$1.2M raised
Apr 2022

Founder Contacts

30,000+ verified contacts

Denver, United States

Medicine Man Tech offers full-service cannabis consulting and licensing of its cutting-edge, turnkey cultivation and clinic operating ideas.

$16.0M raised
Apr 2023

Founder Contacts

30,000+ verified contacts

Corona, United States

Ikänik Farms is engaged in cultivation, manufacturing, retail, and global distribution of cannabis and hemp CBD.

$3.0M raised
Apr 2022

Founder Contacts

30,000+ verified contacts

Tinley Park, United States

Galaxy Group is a independent social equity craft cannabis producer.

$850K raised
Apr 2024

Founder Contacts

30,000+ verified contacts

London, United Kingdom

Hellenic Dynamics is a supplier of pharmaceutical and medical cannabis products.

$1.1M raised
Apr 2024

Founder Contacts

30,000+ verified contacts

Boca Raton, United States

Bloom Medicinals is a provider of medical marijuana products.

$82.5M raised
Apr 2022

Founder Contacts

30,000+ verified contacts

San Diego, United States

Selective Lab Inc. utilizes cutting edge technologies to manufacture sensors for easy, low-cost and accessible THC detection.

$250K raised
Apr 2022

Founder Contacts

30,000+ verified contacts

Oakland, United States

Treez is an enterprise cloud commerce platform that streamlines retail and supply chain operations within the cannabis market.

$51.0M raised
Apr 2022

Founder Contacts

30,000+ verified contacts

Showing 101 to 125 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
$16.0M
Total Funding Tracked
$399.0M
Countries Represented
3

Distribution by Funding Stage

Other25 companies

Top Cities for Cannabis

1.London
4 companies$23.1M
2.Boca Raton
2 companies$83.4M
3.Toronto
2 companies$4.4M
4.Nanaimo
1 companies$150.0M
5.West Palm Beach
1 companiesUndisclosed

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 5 | VCBacked