Company Overview

Company name: Recreational Dispensaries
Description: Developer of an online portal designed to connect cannabis consumers with the highest rated dispensaries or storefronts. The company’s online portal uses an automated software to suggest the most reliable reviews for the online cannabis consumer community, made by the consumers themselves, throughout the states and cities where permitted by law, enabling clients to login and create their own storefront profile, upload their product line images, prices and contact info.
Year founded:
Parent company: Trimax IT Infrastructure & Services
Industry: Healthcare | Group: Pharmaceuticals and Biotechnology | Code:
Website: www.recreationaldispensary.com
Employees:
City: Los Angeles
State: California
Country: United States
Region: Americas

Financial Highlights

Start up capital raised (USD Million):
Business status: Generating Revenue
Ownership: Acquired/Merged (Operating Subsidiary)
Exchange:
Ticker:
Revenue (USD Million):
Gross profit (USD Million):
Net income (USD Million)
Enterprise value:
Earnings before interest, tax, depreciation and amortization (EBITDA):
Fiscal period:
Financing Status: The company was acquired by Trimax IT Infrastructure & Services via its financial sponsors Zephyr Management, BanyanTree Finance and Aditya Birla Capital for an undisclosed amount on February 6, 2018. With the acquisition, consumers can now shop online and choose from the very best inventory, from literally thousands of available dispensaries, and have their goods delivered to their front door.
Number of active investors:
Profile last updated: 08-Sep-2018
Last known valuation:
Last known valuation date: