Thrive Cannabis Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 15

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $49.9M

Thrive Cannabis General Information

Description

Producer of cannabis products intended to provide medicinal and recreational craft cannabis to customers. The company offers a diversified portfolio of medical cannabis and raw cannabis extract ingredients from establishing strategic partnerships as well as in-house grown flower and premium concentrates, enabling customers to have access to quality cannabis products.

Contact Information

Formerly Known As
Terrafarma
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 41 Townline Road
  • Simcoe, Ontario N3Y 4K3
  • Canada
+1 (289)
Primary Industry
Other Pharmaceuticals and Biotechnology
Other Industries
Other Agriculture
Other Consumer Non-Durables
Parent Company
Corporate Office
  • 41 Townline Road
  • Simcoe, Ontario N3Y 4K3
  • Canada
+1 (289)

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Thrive Cannabis Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 05-May-2022 $49.9M Completed Generating Revenue
2. Later Stage VC 30-Jul-2021 Completed Generating Revenue
1. Early Stage VC 29-May-2019 $5.38M $5.38M Completed Generating Revenue
To view Thrive Cannabis’s complete valuation and funding history, request access »

Thrive Cannabis 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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Thrive Cannabis Former Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds
Tribune Capital (Asset Management) Family Office Minority
To view Thrive Cannabis’s complete investors history, request access »

Thrive Cannabis Acquisitions (1)

Thrive Cannabis’s most recent deal was a Merger/Acquisition with Thrive Cannabis (Acquired). The deal was made on 11-Jan-2019.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Thrive Cannabis (Acquired) 11-Jan-2019 Merger/Acquisition Other Pharmaceuticals and Biotechnology
To view Thrive Cannabis’s complete acquisitions history, request access »

Thrive Cannabis FAQs

  • When was Thrive Cannabis founded?

    Thrive Cannabis was founded in 2015.

  • Where is Thrive Cannabis headquartered?

    Thrive Cannabis is headquartered in Simcoe, Canada.

  • What is the size of Thrive Cannabis?

    Thrive Cannabis has 15 total employees.

  • What industry is Thrive Cannabis in?

    Thrive Cannabis’s primary industry is Other Pharmaceuticals and Biotechnology.

  • Is Thrive Cannabis a private or public company?

    Thrive Cannabis is a Private company.

  • What is the current valuation of Thrive Cannabis?

    The current valuation of Thrive Cannabis is .

  • What is Thrive Cannabis’s current revenue?

    The current revenue for Thrive Cannabis is .

  • How much funding has Thrive Cannabis raised over time?

    Thrive Cannabis has raised $6.08M.

  • Who are Thrive Cannabis’s investors?

    Tribune Capital (Asset Management) has invested in Thrive Cannabis.

  • When was Thrive Cannabis acquired?

    Thrive Cannabis was acquired on 05-May-2022.

  • Who acquired Thrive Cannabis?

    Thrive Cannabis was acquired by Aurora Cannabis.

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