Company Overview

Company name: Olli
Description: Manufacturer of cannabis-infused edibles and beverages intended for healthful enjoyment of cannabis. The company uses premium-quality natural ingredients and medical-grade cannabis to offer craft edibles and cannabis-infused teas, providing consumers a smoke-free and safe way to consume cannabis products.
Year founded: 2017
Parent company:
Industry: Consumer Products and Services (B2C) | Group: | Code:
Website: www.ollibrands.com
Employees:
City: Toronto
State: Ontario
Country: Canada
Region: Americas

Financial Highlights

Start up capital raised (USD Million):
Business status: Generating Revenue
Ownership: Privately Held (backing)
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Financing Status: The company raised an undisclosed amount of Series B venture funding in a deal led by Green Acre Capital on December 19, 2019. Cassidy Asset Management and other undisclosed investors also participated in the round. The funds will be used to fuel its ongoing cannabis product derivative research and development initiatives that take place at the company’s commercial food manufacturing space and to support its push into the private-label market with a number of exciting partnerships to be secured in the coming months.
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Profile last updated: 30-Dec-2019
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