CannTx Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 38

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $11.9M

CannTx General Information

Description

Producer of medical cannabis intended to ensure complete regulatory compliance and standards of production pertaining to the cultivation of laboratory-validated safe cannabis products. The company's cannabis production utilizes cultivation techniques and licensing of proprietary technology to get higher yield and produce, thereby enabling consumers in medicinal and recreational properties through quality and consistency.

Contact Information

Website
www.canntx.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 350 Bay Street
  • 13th floor
  • Toronto, Ontario M5H 2S6
  • Canada
Primary Industry
Other Pharmaceuticals and Biotechnology
Other Industries
Cultivation
Other Consumer Non-Durables
Acquirer
Entourage Health
Vertical(s)
Cannabis, AgTech, Life Sciences
Corporate Office
  • 350 Bay Street
  • 13th floor
  • Toronto, Ontario M5H 2S6
  • Canada

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

CannTx Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 29-Oct-2021 $11.9M Completed Generating Revenue
2. Later Stage VC Completed Generating Revenue
1. Corporate 22-Dec-2017 $12M $12M Completed Generating Revenue
To view CannTx’s complete valuation and funding history, request access »

CannTx Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Producer of medical cannabis intended to ensure complete regulatory compliance and standards of production pertaining to
Other Pharmaceuticals and Biotechnology
Toronto, Canada
38 As of 2021

Santa Fe, NM
 

Richmond, Canada
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

CannTx Competitors (3)

One of CannTx’s 3 competitors is Trait Biosciences, a Venture Capital-Backed company based in Santa Fe, NM.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Trait Biosciences Venture Capital-Backed Santa Fe, NM
Segra Venture Capital-Backed Richmond, Canada
Conception Nurseries Venture Capital-Backed Sacramento, CA
You’re viewing 3 of 3 competitors. Get the full list »

CannTx Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

CannTx Former Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds
Auxly Cannabis Group Corporation Minority
Keiretsu Forum Angel Group Minority
To view CannTx’s complete investors history, request access »

Ready to get started?

Request a free trial

CannTx FAQs

  • When was CannTx founded?

    CannTx was founded in 2013.

  • Where is CannTx headquartered?

    CannTx is headquartered in Toronto, Canada.

  • What is the size of CannTx?

    CannTx has 38 total employees.

  • What industry is CannTx in?

    CannTx’s primary industry is Other Pharmaceuticals and Biotechnology.

  • Is CannTx a private or public company?

    CannTx is a Private company.

  • What is the current valuation of CannTx?

    The current valuation of CannTx is .

  • What is CannTx’s current revenue?

    The current revenue for CannTx is .

  • How much funding has CannTx raised over time?

    CannTx has raised $12.2M.

  • Who are CannTx’s investors?

    Auxly Cannabis Group and Keiretsu Forum have invested in CannTx.

  • Who are CannTx’s competitors?

    Trait Biosciences, Segra, and Conception Nurseries are competitors of CannTx.

  • When was CannTx acquired?

    CannTx was acquired on 29-Oct-2021.

  • Who acquired CannTx?

    CannTx was acquired by Entourage Health.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process