Nova Cannabis Overview

  • Year Founded
  • 1987

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 719

Employees

  • Latest Deal Type
  • 2ndary - Open

  • Financing Rounds
  • 5

  • Investments
  • 1

Nova Cannabis General Information

Description

Nova Cannabis Inc is engaged in the operation of retail cannabis stores in Canada. It operates its retail cannabis stores in Alberta, Ontario, and Saskatchewan. Some of its brands are Value Buds and Nova Cannabis. The company's products include Dried flowers, Pre-rolls, Candy and Cartridges, among others.

Contact Information

Website
valuebuds.com
Formerly Known As
YSS Corporation, YSS
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Corporate Backed or Acquired
Corporate Office
  • 17220 Stony Plain Road
  • Suite 101
  • Edmonton, Alberta T5S 1K6
  • Canada
+1 (403)
Primary Industry
Specialty Retail
Other Industries
Other Pharmaceuticals and Biotechnology
Parent Company
Vertical(s)
Former Stock Listing
NOVC
Corporate Office
  • 17220 Stony Plain Road
  • Suite 101
  • Edmonton, Alberta T5S 1K6
  • Canada
+1 (403)

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Nova Cannabis Valuation & Funding

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

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Nova 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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Nova Cannabis Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Nova Cannabis Acquisitions (1)

Nova Cannabis’s most recent deal was a Merger/Acquisition with YSS Corporation. The deal was made on 22-Mar-2021.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
YSS Corporation 22-Mar-2021 Merger/Acquisition Specialty Retail
To view Nova Cannabis’s complete acquisitions history, request access »

Nova Cannabis FAQs

  • When was Nova Cannabis founded?

    Nova Cannabis was founded in 1987.

  • Where is Nova Cannabis headquartered?

    Nova Cannabis is headquartered in Edmonton, Canada.

  • What is the size of Nova Cannabis?

    Nova Cannabis has 719 total employees.

  • What industry is Nova Cannabis in?

    Nova Cannabis’s primary industry is Specialty Retail.

  • Is Nova Cannabis a private or public company?

    Nova Cannabis is a Private company.

  • What is Nova Cannabis’s current revenue?

    The current revenue for Nova Cannabis is .

  • How much funding has Nova Cannabis raised over time?

    Nova Cannabis has raised $32.1M.

  • Who are Nova Cannabis’s investors?

    Green Acre Capital, Tonga Partners, L.P, Tristan Offshore Fund, Ltd., Tristan Partners, L.P, and YSS Corporation have invested in Nova Cannabis.

  • When was Nova Cannabis acquired?

    Nova Cannabis was acquired on 21-Oct-2024.

  • Who acquired Nova Cannabis?

    Nova Cannabis was acquired by SNDL.

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