Cannabist

What Cannabist does

The Cannabist Shop was born out of necessity and the desire to normalize as well as streamline the Cannabis shopping experience. Our founder wanted to know why there was no centralized retailer for all things Cannabis related. He knew that although THC products couldn’t be sold online he didn’t know why everything else Cannabis related couldn’t be. After exploring and researching this topic he found that although many Cannabis products had their own individual sites there were no sites that sold absolutely EVERYTHING. There was no one stop shop for everyone’s Cannabis needs. The goal of Cannabist is to make EVERYTHING Cannabis related available, easy to acquire and purchase. This goes far beyond just your typical head shop items like, portable vaporizers, pipes, rolling papers, grinders, etc. Cannabist want to offer EVERYTHING! We want to offer, ALL CBD and Hemp products, including but not limited to, beauty products, cosmetics, hygiene products, sports supplements and drinks even Hemp clothing and jewelry. We even want to get into the kitchen and cooking departments by offering all sorts of different kinds of kitchen appliances that will help people cook and bake their own homemade edibles. To take that even further we want to have an entire hydroponics and grow yourself section of the website where we supply all the products, tools and step-by-step guides on how to grow your own Cannabis plants. With all of that being said we also recognize the fact that Cannabis needs to be consumed safely and stored securely. That is why we have an entire section of our site dedicated to discrete child-proof storage containers of varying sizes. Just like how alcohol is in hard to open bottles or is locked away in a liquor cabinet, we want to provide the same security and peace of mind for our customers’ when storing their Cannabis. The end game is to create a place where shopping for Cannabis products becomes more normalized. We want our customers to feel just as comfortable ordering Cannabis related products from our site as they are ordering products from Amazon. By creating an online retailer like Amazon to cater to these specific needs we are pushing the needle further ahead to pave the way for new businesses and brands to enter the market and to integrate Cannabis use into society even more. In order to stay competitive with other online cannabis retailers and even conventional online retailers, we at Cannabist are constantly updating our product lists and adding new product categories. We want to cater our shopping experience as much to the consumer as possible. But it is not enough to keep our customers satisfied, we need our brands to be satisfied as well. By giving no brand any special treatment we allow smaller brands to compete and sell their products at similar rates to those larger and more established brands. There is plenty of market share to go around to include everyone. We are just as much champions of the little guys as we are for the big guys as well. Not only we do we keep our brands happy, but this allows us to offer a wider variety of products that you will not be able to get at other stores. Therefore increasing the competition between brands which results in the best possible price for you the consumer! By creating an environment where big brands have to compete with smaller brands it keeps prices at a palatable value. We know that many cannabis products can be very expensive; especially CBD products. But with this methodology we will be able to guarantee the lowest possible prices across all our brands.

Name

Cannabist

Website

https://shopcannabist.com/

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Ecommerce, Cannabis, Technology Company, Software

Ownership category

akta.pro rank

Product category

Multistate Cannabis Operator (Cannabis Cultivation, Manufacturing, and Retail)

NAICS

Medicinal and Botanical Manufacturing (325411)

SIC

Retail-Drug Stores And Proprietary Stores (5912)

akta.pro primary industry

Cannabis Dispensary + Ancillary Retail (Accessories, CBD/Hemp, Merchandise) (CRANAFAH)

Keywords

• Cannabis cultivation
• Cannabis retail dispensary
• Vertical cannabis operations
• Multistate cannabis operator
• Cannabis product manufacturing

Headquarters

HQ city

Las Vegas

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure

Distribution channels1 record

Core offering

Cannabist is a vertically integrated multistate cannabis operator that cultivates, manufactures, and retails cannabis products. The company operates approximately 95 facilities spanning cultivation sites, manufacturing operations, and retail dispensaries across 13 U.S. jurisdictions. Products are sold to both adult-use recreational consumers and medical cannabis patients.

Product overview

The Cannabist Company Holdings Inc. is a cannabis operator involved in cultivation, manufacturing, and retail operations across 13 U.S. jurisdictions with approximately 95 facilities. The company has been divesting assets, including the sale of its Virginia operations to Curaleaf and a previous $90 million Virginia sale to Verano in 2024. Based on the available source material, no specific named products, sub-brands, or distinct product modules are identified.

Differentiator

Problem solved

Functional benefit

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves4 records

Expansion highlights1 record

Direct peers

• Curaleaf: Curaleaf is a major U.S. multi-state cannabis operator with vertically integrated cultivation, manufacturing, and retail operations. It is a direct peer to Cannabist and recently acquired Cannabist's remaining Virginia assets in 2025.
• Verano Holdings: Verano is a leading U.S. multi-state cannabis operator with vertically integrated operations across cultivation, processing, and retail. It purchased Cannabist's Virginia assets for $90 million in 2024, making it a closely comparable operator.
• Trulieve Cannabis: Trulieve is one of the largest U.S. multi-state cannabis operators, with vertically integrated cultivation, manufacturing, and a large retail footprint. It is a direct peer to Cannabist in operating model and scale.
• Green Thumb Industries: Green Thumb Industries is a national cannabis consumer packaged goods company and operator of retail dispensaries. It is a direct peer given its vertically integrated, multi-state model comparable to Cannabist's.
• Cresco Labs: Cresco Labs is a vertically integrated multi-state cannabis operator with cultivation, manufacturing, and wholesale/retail distribution. Its business model and geographic breadth closely mirror Cannabist's.
• TerrAscend: TerrAscend is a multi-state cannabis operator with operations in cultivation, processing, and retail across several U.S. states. It is a direct peer to Cannabist in scale and integrated structure.
• Ayr Wellness: Ayr Wellness is a vertically integrated U.S. multi-state cannabis operator with cultivation, processing, and retail operations. It is comparable to Cannabist in operating model and footprint.
• Ascend Wellness Holdings: Ascend Wellness is a multi-state cannabis operator focused on cultivation, manufacturing, and retail. Its vertically integrated, multi-state model is directly comparable to Cannabist's.
• Acreage Holdings: Acreage Holdings is a multi-state cannabis operator with cultivation, processing, and retail across numerous U.S. states. It is directly comparable to Cannabist in integrated, multi-jurisdiction operations.

Emerging players

• iAnthus Capital Holdings: iAnthus is a multi-state cannabis operator with cultivation and retail operations in limited U.S. states. It is an emerging peer, comparable in vertical integration but smaller and more geographically constrained than Cannabist.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights4 records

Customer concentration

• Xx.com/thecannshop

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

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 Cannabist