Cannaworx Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 3

Cannaworx General Information

Description

Producer of cannabis consumer products intended to capitalize on disruptive delivery systems in the areas of pain relief, pharmaceuticals, skincare, nutraceuticals, agricultural and veterinary products. The company uses proprietary pressure technology, nanotechnology and advanced delivery systems to disrupt addressable markets in pain relief, pharmaceutical, nutraceutical, cosmetics and hemp-related industries to deliver ingestible or transdermal products, pain claim and immune booster products as well as a hemp-based skincare line, thereby enabling consumers to utilize cannabis for their health and wellness.

Contact Information

Website
www.cannaworx.io
Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Corporate Office
  • 725, Grand Avenue
  • Suite 201
  • Ridgefield, NJ 07657
  • United States
Primary Industry
Other Pharmaceuticals and Biotechnology
Other Industries
Other Consumer Non-Durables
Personal Products
Acquirer
Cannagistics
Vertical(s)
Nanotechnology, Cannabis, LOHAS & Wellness
Corporate Office
  • 725, Grand Avenue
  • Suite 201
  • Ridgefield, NJ 07657
  • United States

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Cannaworx Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Cannaworx Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Cannaworx FAQs

  • When was Cannaworx founded?

    Cannaworx was founded in 2009.

  • Who is the founder of Cannaworx?

    Babak Ghalili and Adrienne Denese are the founders of Cannaworx.

  • Where is Cannaworx headquartered?

    Cannaworx is headquartered in Ridgefield, NJ.

  • What industry is Cannaworx in?

    Cannaworx’s primary industry is Other Pharmaceuticals and Biotechnology.

  • Is Cannaworx a private or public company?

    Cannaworx is a Private company.

  • What is Cannaworx’s current revenue?

    The current revenue for Cannaworx is 00000.

  • Who are Cannaworx’s investors?

    Gear International and Pressure Biosciences have invested in Cannaworx.

  • When was Cannaworx acquired?

    Cannaworx was acquired on 01-Jul-2021.

  • Who acquired Cannaworx?

    Cannaworx was acquired by Cannagistics.

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