Nordic Oil
- Company typePrivate
- Founded2018
- HeadquartersNew York, United States
- Headcount101–250
- GTM typeB2C
- OfferingDigital Commerce or Content
Nordic Oil firmographics
Firmographics- Name
- Nordic Oil
- Legal name
- Nordic Trading Group B.V.
- Website
- https://nordicoil.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Nordic Oil industry classification
Industry- Product category
- CBD wellness and hemp extract products
- NAICS
- Food (Health) Supplement Retailers (456191), Health and Personal Care Retailers (4561), Drugs and Druggists' Sundries Merchant Wholesalers (42421), Health and Personal Care Retailers (456)
- SIC
- Medicinal Chemicals & Botanical Products (2833), Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122)
- akta.pro primary industry
- CBD/Hemp Specialty Stores (Tinctures, Oils, Edibles) (CRANAHAA)
- akta.pro secondary industries
- CBD/Hemp Wellness & Supplements Retail (CRANAHAC), CBD/Hemp Topicals & Beauty Retail (CRANAHAB), Hemp & CBD Product Wholesale Distribution (CRAOAIAG)
Keywords
Where Nordic Oil is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Nordic Oil business model
Business model- GTM type
- B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Supply Chain, Marketing or Sales, Personnel, Operations, Infrastructure, Technology or R&D
Revenue model
- Direct-to-Consumer E-commerce: Nordic Oil sells its full range of CBD products (oils, capsules, gummies, topicals, supplements) directly to individual consumers via its e-commerce storefront at nordicoil.com. Products are sold as one-time purchases with bundle deals (e.g., 3-for-2 promotions). The primary revenue stream is direct consumer sales with standard per-unit pricing.
- Wholesale and Reseller: Nordic Oil cooperates with businesses who wish to resell its products, as well as practitioners who wish to use products for their patients. This includes pharmacies — several of the company's products have been approved by German pharmacies, indicating a wholesale/distributor revenue channel.
- Affiliate Program: Nordic Oil operates an affiliate program offering up to 35% commission (CPA) to partners who refer customers. Affiliates receive access to marketing materials, personalized vouchers, and an in-house tracking platform. Commissions are paid monthly by bank transfer.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | CBD Oil 500mg (5%) — Entry-level full spectrum CBD oil for beginners and microdosing |
| Unit Pricing | Pay-as-you-go | CBD Oil 1000mg (10%) — Mid-strength full spectrum CBD oil |
| Unit Pricing | Pay-as-you-go | CBD Oil 2000mg (20%) — High-strength full spectrum CBD oil |
| Unit Pricing | Pay-as-you-go | CBD Capsules 384mg — Light dose softgel capsules (6.4mg CBD per capsule) |
| Unit Pricing | Pay-as-you-go | CBD Capsules 960mg — High-dose softgel capsules (16mg CBD per capsule) |
| Unit Pricing | Pay-as-you-go | CBD Gummies 1500mg Mixed Berries — 25mg CBD per gummy, 60 gummies per package |
| Unit Pricing | Pay-as-you-go | CBD Oil 1500mg with Curcumin & Piperine — 15% CBD oil with anti-inflammatory additives |
| Unit Pricing | Pay-as-you-go | Thor CBD Relief Gel — Topical transdermal gel for muscle/joint pain |
| Unit Pricing | Pay-as-you-go | CBD Chewing Gum — 10mg CBD per piece, sugar-free spearmint |
| Unit Pricing | Pay-as-you-go | CBD Roll-On — Topical application for head, neck & shoulders |
| Unit Pricing | Pay-as-you-go | Active CBD Bundle — CBD Oil 1500mg with Curcumin + Thor CBD Relief Gel |
| Unit Pricing | Pay-as-you-go | CBD Starter Kit — Introductory bundle for beginners |
| Unit Pricing | Pay-as-you-go | 3-for-2 Bundle Deals — Buy 3 bottles, pay for 2 |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels10 records
Nordic Oil product offering
Product offeringCore offering
Nordic Oil sells a premium range of hemp-derived CBD wellness products — full spectrum CBD oils, capsules, gummies, topicals (gel, roll-on, cream, lip balm), chewing gum, and CBG oil — manufactured via CO2 extraction from organically sourced US hemp and offered in multiple dosages for general consumers. The company primarily distributes through its own nordicoil.com e-commerce storefront, supplemented by German pharmacy, wholesale, and affiliate channels.
Product overview
Nordic Oil is a premium CBD wellness brand offering a comprehensive portfolio of full spectrum and broad spectrum hemp-derived products. The core product line includes CBD oils in multiple concentrations (500mg, 1000mg, 1500mg with Curcumin), softgel capsules (384mg, 960mg), fruit gummies (1500mg), topical applications (relief gel, roll-on, cream, lip balm), and supplements like CBD chewing gum. The company also produces CBG oil (1200mg). Product bundles like the Active CBD Bundle and CBD Starter Kit provide curated combinations for specific needs. All products are third-party lab tested, ISO 22000:2018 certified, and manufactured using CO2 extraction from organically-sourced, non-GMO US hemp.
Differentiator
Problem solved
Functional benefit
Products and services
- CBD Oil (500mg) Full spectrum 5% CBD oil with 500mg CBD, 20mg CBN, 20mg CBG, and 20mg CBDa in a 10ml bottle (~250 drops, 2mg CBD per drop). Targeted at CBD beginners and microdosing users. Vegan with MCT oil carrier oil, plus terpenes and vitamin E.
- CBD Oil (1000mg) Full spectrum 10% CBD oil with 1000mg CBD, 40mg CBDa, 40mg CBG, and 40mg CBN in a 10ml bottle (~250 drops, 4mg CBD per drop). Mid-strength daily-use CBD oil.
- CBD Oil (2000mg) Full spectrum 20% CBD oil, high-strength 2000mg formulation in a 10ml bottle delivering approximately 33mg CBD per half dropper. Positioned for users needing enhanced entourage effect at higher dosages.
- CBD Oil (1500mg) with Curcumin & Piperine Full spectrum 15% CBD oil with 1500mg CBD, 20mg curcumin, and 5mg piperine in organic black cumin oil. Designed for users seeking anti-inflammatory benefits alongside CBD, in a 10ml bottle (~250 drops, 6mg CBD per drop).
- CBD Capsules (384mg) Softgel capsules with 384mg total CBD (6.4mg per capsule), combined with organic black cumin seed oil. Non-vegan (gelatin) capsules aimed at CBD beginners and users who prefer taste-neutral, pre-dosed ingestible CBD.
- CBD Capsules (960mg) High-dose softgel capsules with 960mg total CBD (16mg per capsule), formulated with organic black cumin seed oil. Non-vegan (gelatin) capsules aimed at users with higher CBD dosage needs.
- CBD Gummies (1500mg) Mixed Berries Broad spectrum fruit gummies containing 1500mg total CBD (25mg per gummy), 60 gummies per 150g package with a mixed berries flavor. Targeted at consumers seeking a taste-forward, pre-dosed edible CBD format.
- CBD Relief Gel (Thor) Transdermal CBD relief gel made from CBD isolate with menthol, pepper extract, clove, and eucalyptus essential oils. Uses liposomal delivery technology to deliver CBD to muscles, joints, and tendons. 50ml tube.
- CBD Roll-On 10ml roll-on blend of CBD with Arnica extract, St John's wort, peppermint, eucalyptus, and chamomile. Topical application targeting head, shoulders, and neck areas.
- CBD Cream Soothing CBD cream formulated with 250mg CBD and colloidal oatmeal, combined with moisturizing botanical oils. Designed to support dry, tight, or visibly red skin as part of a CBD skincare routine.
- CBD Lip Balm Broad spectrum CBD lip balm containing 145mg CBD, formulated with nourishing almond, avocado, coconut, and castor oils plus vitamins A and E. Targeted at consumers seeking a CBD skincare product for lips.
- CBD Chewing Gum Sugar-free spearmint-flavored CBD chewing gum delivering 10mg CBD per piece, with 24 pieces per 32g package (2 blisters). Targeted at consumers wanting a portable, on-the-go CBD format.
- CBG Oil (1200mg) Broad spectrum 12% CBG oil with 1200mg CBG and 500mg CBD in a 10ml bottle (~250 drops, 5mg CBG per drop). Marketed for nerve and brain function support, combining CBD with the complementary cannabinoid CBG.
- Active CBD Bundle Bundled offering combining CBD Oil (1500mg) with Curcumin and Thor CBD Relief Gel. Sold at a discounted price relative to purchasing the items individually, targeting users with an active lifestyle needing both ingestible and topical CBD.
- CBD Starter Kit Beginner bundle that pairs CBD Oil (500mg) with CBD Chewing Gum and CBD Lip Balm, allowing new customers to sample multiple Nordic Oil formats at a discounted bundle price.
Quantifiable outcome
- Serving over 300,000 customers per month across multiple countries
- +4 more outcomes
Companies that use Nordic Oil
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles3 records
Nordic Oil technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Nordic Oil partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered flagship, core and supporting.
- German AcceleratorflagshipNordic Oil was selected as the first cannabis company ever into the prestigious German Accelerator — a government-funded accelerator programme (funded by the German government) aimed at helping promising start-ups enter and succeed in the US market. This strategic partnership enabled Nordic Oil to establish local US presence and enter the US market within just a few months. The program provided market access support, mentorship, and resources for US market entry.
- German PharmaciescoreSeveral of Nordic Oil's products have been approved by German pharmacies. This partnership channel represents a significant distribution milestone, as pharmacy approval requires meeting rigorous quality, safety, and regulatory standards specific to the German pharmaceutical market.
- Wholesale and Reseller PartnerscoreNordic Oil cooperates with businesses who wish to resell its products, as well as practitioners who wish to use Nordic Oil products for their patients. A wholesale inquiry form is available on the website, and sales representatives contact interested partners.
- Affiliate PartnerssupportingNordic Oil operates an affiliate marketing program through an in-house affiliate platform (UpPromote). Affiliates earn up to 35% commission (CPA) for referring customers. The company provides marketing materials, personalized vouchers, and 100% accurate tracking. No initial investment is required to join.
- Brand AmbassadorssupportingNordic Oil operates a brand ambassador program targeting CBD enthusiasts, influencers with active communities, and wellness/lifestyle influencers. Ambassadors receive free products, exclusive discount codes, cash back, and visibility across Nordic Oil's marketing channels reaching over 100,000 people. Selection criteria include active community engagement and alignment with Nordic Oil values.
Scale indicators6 records
Recent moves5 records
Expansion highlights6 records
Nordic Oil competitors and assessment
Company assessmentBroad incumbents
- CV Sciences:
- Charlotte's Web Holdings: Public US-listed (TSX:CWEB) full-spectrum CBD wellness brand selling tinctures, capsules, gummies, and topicals via DTC, retail, and practitioner channels — direct competitor with broader scale and capital markets access.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Nordic Oil social profiles
Digital presenceNordic Oil compliance and trust
Trust signalCompliance1 record
Nordic Oil financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nordic Oil leadership team
Management profileNumber of profiles
Profiles7 records
Nordic Oil funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nordic Oil M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nordic Oil
What does Nordic Oil do?
Nordic Oil sells a premium range of hemp-derived CBD wellness products — full spectrum CBD oils, capsules, gummies, topicals (gel, roll-on, cream, lip balm), chewing gum, and CBG oil — manufactured via CO2 extraction from organically sourced US hemp and offered in multiple dosages for general consumers. The company primarily distributes through its own nordicoil.com e-commerce storefront, supplemented by German pharmacy, wholesale, and affiliate channels.
Is Nordic Oil a public or private company?
Nordic Oil is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Nordic Oil founded?
Nordic Oil was founded in 2018. It employs 101 to 250 people.
Where is Nordic Oil based?
Nordic Oil is headquartered in New York, United States, in the North America region.
How does Nordic Oil make money?
Three revenue lines are on record. Direct-to-Consumer E-commerce is the primary driver. The others are wholesale and Reseller and affiliate Program.
Who are Nordic Oil's main competitors?
Broad incumbents on record are CV Sciences and Charlotte's Web Holdings.
Does Nordic Oil have an API?
No public API is recorded for Nordic Oil.
What industry is Nordic Oil in?
Nordic Oil's product category is CBD wellness and hemp extract products. Its primary akta.pro industry code is CRANAHAA, CBD/Hemp Specialty Stores (Tinctures, Oils, Edibles), with a secondary code of CRANAHAC, CBD/Hemp Wellness & Supplements Retail. Its NAICS code is 456191 and its SIC code is 2833.