Company Overview

Company name: ReCreation Marketing
Description: Operator of a specialty marketing and distribution company in Quebec. The company provides distribution and sales, in-store promotion strategies, sales force automation as well as direct-to-consumer sales and brand management services to different brands in cannabis and tobacco smoking, vaping and alternative product categories, enabling clients to fulfill orders on time and in full to retailers and newly-established cannabis dispensaries across Canada.
Year founded: 2017
Parent company:
Industry: Business Products and Services (B2B) | Group: | Code:
Website: www.recreationmarketing.ca
Employees:
City: Laval
State: Quebec
Country: Canada
Region: Americas

Financial Highlights

Start up capital raised (USD Million):
Business status: Generating Revenue
Ownership: Privately Held (backing)
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Gross profit (USD Million):
Net income (USD Million)
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Earnings before interest, tax, depreciation and amortization (EBITDA):
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Financing Status: The company received $3 million of financing from Turning Point Brands on July 24, 2019. In connection with its investment, Turning Point Brands will also receive options to increase its stake in the company to a 50% ownership position and will receive customary rights to designate members to the board of directors.
Number of active investors:
Profile last updated:
Last known valuation: 10.00
Last known valuation date: 24-Jul-2019