Profile
CannaCraft is a prominent cannabis manufacturing company based in Santa Rosa, California, founded in 2014 by Dennis Hunter and Ned Fussell. The company specializes in high-quality recreational and medical cannabis products, emphasizing compliance, sustainability, and social justice. CannaCraft has evolved from its roots in underground cultivation to become one of California's largest and most regulated cannabis producers, processing approximately 150,000 pounds of dry plant material annually.
CannaCraft offers over 200 unique products, including vape cartridges, soft gels, edibles, and cannabis beverages. Its key brands include AbsoluteXtracts, Care By Design, Satori, Farmer & The Felon, and Lagunitas Hi-Fi Hops. The company is committed to making the world "happier and healthier" and supports social justice initiatives, including funding the Last Prisoner Project for non-violent cannabis offenders. Recently, CannaCraft merged with the San Diego dispensary chain March and Ash to expand its presence in Southern California, with Hunter and Fussell continuing as co-CEOs.
Industry
Region of investment
Cannacraft Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
CannaCraft Seed Round
|
Venture Capital (VC)
|
Business Services (B2B)
Healthcare Services
Retail
Technology
HealthTech
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$34 M
|
January 2018
|