What Theraplant does

Theraplant is a Connecticut-based, state-licensed cannabis cultivator and producer founded in 2014 as the first cannabis cultivator licensed in Connecticut. The company operates from a single production facility at 856 Echo Lake Road in Watertown, CT, where it grows cannabis indoors under controlled environmental conditions and processes it into a full product portfolio: flower (Indica, Sativa, Hybrid, and CBD strains), pre-rolls (including infused and 2g variants such as Fat Boy and Firecrackers), vapes (CO2-extracted oils and Live Resin in CCELL cartridges and the Mini Tank all-in-one device), concentrates (CO2/ethanol and solventless variants including rosin and bubble hash at 35-45% potency), ingestibles (capsules and MCT-oil oral solutions dosed 5mg-200mg), topicals (transdermal creams using Medisca's VersaPro base), and 360X whole-plant extract syringes. The All Hours sub-brand, launched December 2024, anchors the premium end with flower at 30%+ THC and 2%+ terpenes.

The business model is a single-state wholesale-to-dispensary operation combined with a direct-to-patient/consumer pull-through via those dispensary partners. Theraplant sells exclusively through 18+ Connecticut licensed dispensaries under the CT Department of Consumer Protection regulatory framework, with no direct e-commerce. The customer base spans Connecticut medical marijuana patients (primary, allowed up to 5 oz/month), adult-use consumers (21+, secondary, up to 0.5 oz per transaction), and dispensary/retailer accounts (B2B). All products undergo third-party laboratory testing for pesticides and microbiologicals.

Theraplant operates with 11-50 employees under CEO David Goldburg, who joined in January 2024 with a mandate to improve cultivation quality and consistency. The company has historically been funded with $7M (2013 round) and is reinvesting cash flow into a multi-million-dollar facility upgrade completed in May 2025, covering LED lighting, irrigation, environmental systems, and trimming equipment. Brand partnerships include Astro Confections, Miss Grass, Splits Cannabis, and the All Hours flagship brand, alongside technology suppliers CCELL (cartridge hardware) and Medisca (topical base).

Name

Theraplant

Legal name

Theraplant LLC

Website

https://theraplant.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Theraplant is Connecticut's first state-licensed cannabis cultivator (founded 2014), producing and wholesale-distributing flower, vapes, concentrates, pre-rolls, ingestibles, and topicals to 18+ licensed dispensaries serving the state's medical marijuana patients and adult-use consumers.

Ownership category

akta.pro rank

Headquarters

HQ city

Watertown

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Infrastructure, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Cannabis Product Sales: Sale of cannabis products including flower, pre-rolls, vapes, concentrates, topicals, and ingestibles to medical marijuana patients and adult-use consumers through licensed Connecticut dispensaries.
2. Compassionate Care Program: Donation program where Theraplant donates approximately 2% of medical sales monthly in the form of free medical products to certain medical retailers and dispensaries, with approximately $700,000 in donated products in 2024.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Theraplant is Connecticut's first licensed cannabis cultivator, producing a comprehensive portfolio of medical and adult-use cannabis products including flower, pre-rolls, vapes, concentrates, ingestibles (capsules and oral solutions), topicals, and RSO oil syringes. Products are manufactured at a state-of-the-art Watertown, CT cultivation and production facility using CO2, ethanol, and solventless extraction methods, with all products third-party lab tested for pesticides and microbiologicals. The company sells exclusively through Connecticut licensed dispensaries to medical patients and adult-use consumers.

Product overview

Theraplant is Connecticut's first licensed cannabis cultivator (since 2014) offering a comprehensive portfolio of medical and adult-use cannabis products. The product lineup includes: Flower (various Indica, Sativa, Hybrid, and CBD strains with individual strain names like MAC V2, Wedding Cake, Ice Cream Cake, Gas Face, etc.); Vapes (CCELL cartridge-based and Mini Tank all-in-one devices using CO2 and Live Resin oils); Concentrates (CR, BD, SW, HC, SH, TS, Rosin, and Live Rosin via CO2/ethanol extraction); Ingestibles (Capsules and Oral Solutions ranging 5mg-200mg doses using MCT oil for bioavailability); Topicals (Transdermal Creams in various CBD:THC ratios); Pre-Rolls (standard and infused variants including Fat Boy 2g, Firecrackers, and Infused Blunts); and 360X/RSO oil syringes. Newer launches include Ratio Vapes (targeted cannabinoid blends) and the solventless collection (Live Rosin and Bubble Hash). The company operates under sub-brand All Hours for premium high-potency flower (30%+ THC). Products are grown in controlled environments, third-party tested for pesticides and microbiologicals, and packaged in pharmaceutical-grade containers.

Differentiator

Problem solved

Functional benefit

Brands

• All Hours: Premium flower brand featuring high THC levels (30%+) and terpene content (2%+), marketed for medical and adult-use markets with outstanding nose, bud size, and potency.

Products and services

• Flower

Quantifiable outcome

• 10,000 units of high-potency medical flower sold since December 2024 launch
• +4 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Six partnerships are on record, tiered flagship, core and minor.

• All Hours (ahcannabis.com)flagshipGTM or Marketing Partner · 1 December 2024Premium flower brand launched in December 2024 showcasing Theraplant's flower with outstanding nose, look, bud size, and THC/terpene levels. All Hours rosin pre-rolls and vapes debuted in 2025. Popular since debut with overwhelmingly positive feedback.
• Astro ConfectionscoreGTM or Marketing PartnerBrand partner featuring cannabis-infused confections. Their logo appears on Theraplant's website indicating a co-marketing or brand partnership relationship for product collaborations.
• Miss GrasscoreGTM or Marketing PartnerBrand partner whose logo appears on Theraplant's website, indicating a co-marketing or collaborative brand relationship.
• Splits CannabiscoreGTM or Marketing PartnerBrand partner whose logo appears on Theraplant's website, indicating a collaborative brand or marketing relationship.
• CCELL TechnologycoreTechnology or IntegrationCeramic heating element technology used in all Theraplant vape cartridges and disposable slim vapes. Designed to diffuse cannabis oil at ideal temperature for smoother inhale and more flavorful taste.
• CignaminorOthersTheraplant offers healthcare benefits through Cigna for their employees. Machine-readable files available per compliance requirements.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Curaleaf Holdings: Multi-state cannabis operator with cultivation, processing, and retail (including CT dispensaries). Curaleaf's vertically integrated model and CT retail footprint make it a directly comparable cultivator competing for the same Connecticut shelf space and patient/customer base as Theraplant.
• 4Front Ventures: Multi-state cannabis cultivator and processor with branded product portfolio across flower, vapes, and edibles. Comparable to Theraplant in cultivation-focused operations, branded wholesale strategy, and product innovation pipeline.
• Cresco Labs: Multi-state cannabis cultivator and brand operator (Sunnyside, High Supply, Good News). Comparable to Theraplant in cultivation focus, branded product portfolio across flower/vapes/concentrates, and wholesale distribution to third-party dispensaries.
• Acreage Holdings: Multi-state cannabis operator with cultivation, processing, and retail footprint across the Northeast and Midwest. Comparable to Theraplant in cultivation-led model, branded flower and vapes portfolio, and dispensary wholesale relationships.
• Ayr Wellness: Multi-state cannabis cultivator and retailer operating across the Eastern US. Comparable to Theraplant as a cannabis producer with branded flower, vapes, and concentrates distributed through owned and partner dispensaries.
• Jushi Holdings: Vertically integrated multi-state cannabis operator with cultivation, processing, and retail (Beyond Hello) including Connecticut dispensaries. Directly comparable to Theraplant in cultivation scale, branded portfolio, and Connecticut retail exposure.
• Green Thumb Industries: Multi-state cannabis operator with cultivation, processing, and retail across multiple states including the Northeast. Comparable to Theraplant as a vertically integrated cannabis producer with branded flower, vapes, and infused products sold through dispensaries.
• iAnthus Capital Holdings: Multi-state cannabis operator with cultivation, processing, and retail in the Northeast and other regions. Comparable to Theraplant in cannabis cultivation scale, branded product offerings (flower, vapes, concentrates), and dispensary distribution.
• The Cannabist Company (formerly Columbia Care): Multi-state cannabis operator with cultivation, processing, and retail including a notable Connecticut presence. Comparable to Theraplant in cannabis cultivation, branded product offerings, and dispensary distribution including in the CT market.
• Trulieve Cannabis: Large multi-state cannabis cultivator and retailer with a cultivation-led operating model. Comparable to Theraplant as a cannabis producer focused on branded flower, vapes, and concentrates distributed through owned and third-party dispensaries.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/theraplantllc
• Facebookfacebook.com/theraplantllc
• LinkedInlinkedin.com/company/theraplant

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Theraplant