Canndescent Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Out of Business

  • Employees
  • 84

Employees

  • Latest Deal Type
  • Out of Business

Canndescent General Information

Description

Operator of a cannabis company intended to cultivate cannabis flowers for medical purposes. The company's platform provides cannabis products that include a proprietary cultivation technology for delivering aromas and enhanced flavors, enabling customers to transform their lives by availing consistency.

Contact Information

Website
www.canndescent.com
Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Corporate Office
  • 3905 State Street
  • Suite 357
  • Santa Barbara, CA 93105
  • United States
Primary Industry
Other Pharmaceuticals and Biotechnology
Other Industries
Biotechnology
Other Consumer Non-Durables
Vertical(s)
Cannabis, E-Commerce
Corporate Office
  • 3905 State Street
  • Suite 357
  • Santa Barbara, CA 93105
  • United States

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Canndescent Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Out of Business 04-Feb-2024 Completed Out of Business
4. Later Stage VC Completed Generating Revenue
3. Later Stage VC (Series C) 10-Sep-2019 Completed Generating Revenue
2. Early Stage VC (Series B) 25-Jan-2018 $10M $16.5M Completed Generating Revenue
1. Early Stage VC (Series A) 31-Aug-2016 $6.5M $6.5M Completed Generating Revenue
To view Canndescent’s complete valuation and funding history, request access »

Canndescent Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a cannabis company intended to cultivate cannabis flowers for medical purposes. The company's platform provi
Other Pharmaceuticals and Biotechnology
Santa Barbara, CA
84 As of 2023

Chicago, IL
 

Toronto, Canada
 
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Canndescent Competitors (5)

One of Canndescent’s 5 competitors is PharmaCann, a Venture Capital-Backed company based in Chicago, IL.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
PharmaCann Venture Capital-Backed Chicago, IL
Auxly Cannabis Group Corporation Toronto, Canada
Lifeist Corporation Vancouver, Canada
American Cannabis Company Corporate Backed or Acquired Denver, CO
Neptune Wellness Solutions Corporation Laval, Canada
You’re viewing 5 of 5 competitors. Get the full list »

Canndescent Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Canndescent FAQs

  • When was Canndescent founded?

    Canndescent was founded in 2015.

  • Where is Canndescent headquartered?

    Canndescent is headquartered in Santa Barbara, CA.

  • What is the size of Canndescent?

    Canndescent has 84 total employees.

  • What industry is Canndescent in?

    Canndescent’s primary industry is Other Pharmaceuticals and Biotechnology.

  • Is Canndescent a private or public company?

    Canndescent is a Private company.

  • What is Canndescent’s current revenue?

    The current revenue for Canndescent is .

  • How much funding has Canndescent raised over time?

    Canndescent has raised $44M.

  • Who are Canndescent’s competitors?

    PharmaCann, Auxly Cannabis Group, Lifeist, American Cannabis Company, and Neptune Wellness Solutions are competitors of Canndescent.

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