Top list · Canada
Cannabis startups in Canada
24 cannabis startups in Canada have raised money in rounds we track. These are the 24 that have raised the most, $695M between them, with Toronto the most common home.
- 1TilrayFounded -Canada$198Mlast round May 2023
- 2
RIV CapitalRIV Capital is a venture capital firm specializing in cannabis.RIV Capital is a venture capital firm specializing in cannabis.
Founded -Toronto, Canada$150Mlast round Aug 2021 - 3
Canopy GrowthCanopy Growth is a cannabis consumer product company that manufactures medical cannabis to improve lives.Canopy Growth is a cannabis consumer product company that manufactures medical cannabis to improve lives.
Founded -Smiths Falls, Canada$148Mlast round Jan 2026 - 4
OrganiGramOrganiGram is a producer and distributor of medical and recreational cannabis.OrganiGram is a producer and distributor of medical and recreational cannabis.
Founded -Moncton, Canada$53Mlast round Feb 2026 - 5
Aurora CannabisAurora Cannabis is a medical marijuana producer that provides its patients quality products, customer service, and affordable pricing.Aurora Cannabis is a medical marijuana producer that provides its patients quality products, customer service, and affordable pricing.
Founded -Edmonton, Canada$25Mlast round Sept 2023 - 6DixieFounded -Canada$25Mlast round Oct 2018
- 7TerrAscendTerrAscend is a cannabis company that provides products, brands, and services to the cannabinoid market.
TerrAscend is a cannabis company that provides products, brands, and services to the cannabinoid market.
Founded 2017Mississauga, Canada$22Mlast round Jun 2026 - 8SLANG WorldwideSLANG is a consumer-packaged-goods company that offers branded cannabis consumer products.
SLANG is a consumer-packaged-goods company that offers branded cannabis consumer products.
Founded 2017Toronto, Canada$17Mlast round Nov 2021 - 9Heavenly RxFounded -Canada$15Mlast round Jul 2019
- 10
VerdemedVerdeMed is a Canadian pharmaceutical cannabis company based in Toronto, Ontario, founded in 2018 by a team of doctors and executives from Brazil and Colombia.VerdeMed is a Canadian pharmaceutical cannabis company based in Toronto, Ontario, founded in 2018 by a team of doctors and executives from Brazil and Colombia.
Founded 2018Toronto, Canada$13Mlast round Apr 2019 - 11Henry's OriginalFounded -Canada$11Mlast round Aug 2019
- 12
PharmaCieloPharmaCielo is a global company privately held and headquartered in Canada.PharmaCielo is a global company privately held and headquartered in Canada.
Founded 2015Toronto, Canada$3.5Mlast round May 2022 - 13
Nextleaf SolutionsNextleaf Solutions is a provider of customized extraction and processing services to licensed cannabis and hemp growers.Nextleaf Solutions is a provider of customized extraction and processing services to licensed cannabis and hemp growers.
Founded 2015Vancouver, Canada$3.2Mlast round Dec 2021 - 14Flower Co.Founded -Canada$2.8Mlast round Jul 2019
- 15
TruLeafTruleaf is a commercial cannabis cultivation, manufacturing, and distribution company.Truleaf is a commercial cannabis cultivation, manufacturing, and distribution company.
Founded 2014Canada$2.2Mlast round Sept 2015 - 16
CannTrustCannTrust is a producer of medical cannabis.CannTrust is a producer of medical cannabis.
Founded 2014Toronto, Canada$2.1Mlast round Sept 2015 - 17
Christina Lake CannabisChristina Lake Cannabis focuses on oil extraction that provides for more significant margin opportunities.Christina Lake Cannabis focuses on oil extraction that provides for more significant margin opportunities.
Founded 2018Vancouver, Canada$1.1Mlast round Oct 2025 - 18
MammothMammoth Comfort is a retailer of mattresses and sofas.Mammoth Comfort is a retailer of mattresses and sofas.
Founded 2007Newcastle upon Tyne, Canada$1.0Mlast round Dec 2022 - 19
bud.comA California benefit corporation delivering recreational cannabis.A California benefit corporation delivering recreational cannabis.
Founded 2017Canada$1.0Mlast round Oct 2018 - 20
GrowerIQCannabis Management PlatformCannabis Management Platform
Founded 2019Toronto, Canada$803Klast round Sept 2023 - 21
Sol Global InvestmentsSOL is an international cannabis company that offers strategic investments and partnerships.SOL is an international cannabis company that offers strategic investments and partnerships.
Founded -Toronto, Canada$566Klast round Jan 2026 - 22
Whistler TechnologiesWhistler Technologies is a Canadian company based in Whistler, British Columbia, specializing in cannabis-extraction equipment.Whistler Technologies is a Canadian company based in Whistler, British Columbia, specializing in cannabis-extraction equipment.
Founded 2016Whistler, Canada$250Klast round Jan 2022 - 23
Core One LabsCore One Labs produces cannabis for oral consumption.Core One Labs produces cannabis for oral consumption.
Founded 2010Vancouver, Canada$219Klast round Jun 2024 - 24
Revive TherapeuticsRevive Therapeutics is focused on the research, development and commercialization ofnovel therapies and technologies company.Revive Therapeutics is focused on the research, development and commercialization ofnovel therapies and technologies company.
Founded 2012Vaughan, Canada$66Klast round Jul 2025
CanadaCompanies whose funding rounds we classed in this sector, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.
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