Cannon Pharmacy

What Cannon Pharmacy does

Cannon Pharmacy (legal entity: Cannon Health, LLC.) is a locally owned and operated community pharmacy chain established in 2002, serving the greater Charlotte, North Carolina metropolitan area. The company operates six retail pharmacy locations spanning Kannapolis (North and South), Mooresville, Salisbury, and Charlotte's South End and South Park neighborhoods, employing between 101 and 250 staff. Its service portfolio centers on prescription dispensing for community patients, supported by over-the-counter product sales, flu and COVID-19 vaccination services, pharmacist-led medication management consultations, wellness programs, and free local home delivery. The customer base is the general public of the Charlotte MSA, with a horizontally segmented persona approach rather than enterprise or specialty patient targeting.

The underlying technology stack is intentionally lean: digital storefront and refill functionality are delivered through a third-party Storbie-powered online pharmacy platform, which supports account creation, prescription refill requests, transfers, and online ordering across all six locations. There is no disclosed proprietary technology, mobile application, API layer, or AI/ML capability; the company's clinical and customer-experience differentiation is built on the physical neighborhood footprint and pharmacist relationships rather than on platform IP. Compliance scope is limited to HIPAA-aligned handling of protected health information for retail pharmacy operations.

Revenue is generated through three streams: transaction-fee economics on prescription dispensing (the dominant line, settled via insurance billing and direct patient pay), transaction-fee OTC product sales, and professional-services revenue from vaccination administration and pharmacist consultations. Pricing is not publicly disclosed and varies by insurance coverage and medication. Distribution is exclusively domestic (North Carolina) and runs through the company's own retail locations, the Storbie-powered online channel, and a direct home-delivery field operation; no wholesale, B2B, or third-party retail partnerships have been identified. Ownership has remained independent and founder/operator-controlled, with no disclosed institutional investment or PE backing.

Name

Cannon Pharmacy

Legal name

Cannon Health, LLC.

Website

https://cannonpharmacies.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

101–250 employees

Short description

Cannon Pharmacy is a privately held community pharmacy chain, operating six retail locations across the greater Charlotte, North Carolina area since 2002. It dispenses prescriptions, sells OTC products, administers flu and COVID-19 vaccines, offers pharmacist consultations and free home delivery to local residents.

Ownership category

akta.pro rank

Product category

Retail Pharmacy Services

NAICS

Pharmacies and Drug Retailers (456110)

SIC

Retail-Drug Stores And Proprietary Stores (5912)

akta.pro industry

PRIMARYCRAEAHAE

Discount Drugstores with Clinics (Retail Health Clinics)

Consumer Products & Retail/Discount, Club & Value Retail/Discount Drugstores & Value Pharmacies

Keywords

• Retail pharmacy services
• Prescription dispensing
• Community pharmacy
• Pharmacy home delivery
• Vaccination services

Headquarters

HQ city

Mooresville

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Prescription Medications: Traditional pharmacy revenue from dispensing prescription medications to patients. Customers can pick up in-store or receive via free home delivery.
2. Over-the-Counter Products: Sale of OTC medications, supplements, first aid supplies, and health-related products
3. Vaccination Services: Administration of flu vaccines and COVID-19 vaccines at all 6 pharmacy locations

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Cannon Pharmacy is a community pharmacy chain that dispenses prescription medications, sells over-the-counter products and supplements, administers flu and COVID-19 vaccinations, and provides medication management consultations across six retail locations in the greater Charlotte, NC area. The pharmacy also operates an online refill platform powered by Storbie and offers free local home delivery, positioning itself as a full-service neighborhood healthcare partner since 2002.

Product overview

Cannon Pharmacy is a locally owned and operated pharmacy chain established in 2002, operating six community pharmacy locations across the greater Charlotte, NC area in Kannapolis (North and South), Mooresville, Salisbury, and Charlotte (South End and South Park). The offering consists of physical retail pharmacy locations paired with a digital platform (powered by Storbie) that enables online prescription refills and management. Core services include prescription dispensing, vaccination services (flu and COVID-19), free home delivery, medication management consultations, and wellness programs. The six named pharmacy locations (South End, South Park, Mooresville, Kannapolis Main, Kannapolis North, and Salisbury) serve as the primary delivery channels, supplemented by the online prescription refill system. Additional offerings include supplement recommendations, first aid supplies, and secure medication disposal services.

Differentiator

Problem solved

Functional benefit

Products and services

• Prescription Dispensing
• Vaccination Services

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Founders Insurance AgencyminorOthersFounders Insurance Agency is a trusted healthcare partner for Cannon Pharmacy, providing expert guidance on Medicare needs. They help patients explore Medicare options and manage their current plans with professional support to help customers make confident healthcare coverage decisions.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Rite Aid: Multi-state retail drugstore chain providing prescription services, vaccinations, and wellness products; comparable to Cannon's independent community pharmacy model but operating across a broader footprint and category mix.
• Walgreens: National retail pharmacy chain offering prescription dispensing, immunizations, and front-of-store health products; competes with Cannon's six Charlotte-area stores for the same foot-traffic and script volume.
• CVS Pharmacy: National retail pharmacy chain operating walk-in prescription dispensing, vaccinations, and OTC retail across thousands of U.S. stores; directly comparable to Cannon Pharmacy's core dispensing-plus-vaccination-plus-OTC model, but at vastly greater scale.
• Good Neighbor Pharmacy: AmerisourceBergen-affiliated independent pharmacy network providing back-office support, brand marketing, and group purchasing to independent stores like Cannon; the closest operating-network analog for an independent community pharmacy group.
• Health Mart: McKesson-owned franchise/network of independent community pharmacies with collective negotiating leverage on drug pricing and a shared branding/technology platform; the most direct structural peer to a multi-store independent like Cannon Pharmacy.

Emerging players

• Alto Pharmacy: Tech-enabled pharmacy providing same-day prescription delivery, clinician chat, and adherence packaging in select metros; overlaps with Cannon's dispensing-plus-delivery playbook and represents a peer in modernizing the independent community pharmacy experience.
• Amazon Pharmacy: Online-first prescription delivery service targeting the same medication-refill-and-delivery jobs Cannon addresses with its Storbie storefront and free home delivery; represents the digital-native competitive threat to Cannon's delivery channel.
• Capsule Pharmacy: Digital-first pharmacy offering same-day prescription delivery and a purpose-built patient app with adherence tools; comparable to Cannon on refill management and home delivery, but superior on proprietary technology and courier routing.

Regional players

• Harris Teeter Pharmacy: Grocery-affiliated pharmacy chain with strong density across the Carolinas including the Charlotte metro; directly competes for prescription and OTC scripts in the same neighborhoods that Cannon's six stores serve.
• Publix Pharmacy: Grocery-store pharmacy known for high customer-service ratings and free prescriptions for select generics; comparable to Cannon's community-friendly positioning but operating in a different primary geography with Southeast U.S. expansion overlap.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/cannonpharmacies
• LinkedInlinkedin.com/company/cannon-pharmacy
• Instagraminstagram.com/cannonpharmacy

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

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 Cannon Pharmacy