Canna Farms Ltd.

What Canna Farms Ltd. does

Canna Farms Ltd. is a Health Canada-licensed producer (LP) of medical cannabis, founded in 2013–2014 and recognized as the first licensed producer in British Columbia. Operating under the ACMPR framework, the company cultivates and packages dried cannabis flower, Brick Hash, and since March 2022, full-spectrum CBD 510-thread vape cartridges, offering more than 100 products across 10+ brands. All dried flower lots are hand-selected and hand-packaged with humidity packs, and potency test results for each lot are made publicly available prior to purchase. The company also maintains a separate adult-use recreational product line.

The business model centers on direct-to-patient e-commerce through an authenticated online shop serving registered Canadian medical cannabis patients nationwide, with free express shipping on orders above CAD 99.99. Patient acquisition is driven by a top-of-funnel content/blog engine covering topics such as registration, tax claims, and insurance coverage, supplemented by a clinic-referral channel via HELLOMD (free virtual appointments) and a dedicated Veteran support team coordinating with Veterans Affairs Canada (VAC) through a pre-coverage program that funds the difference above CAD 6.00/gram for approved veterans. A bilingual patient care team provides registration, billing, and product-selection support, with direct-billing services and PINs that streamline insurance processing. A long-running partnership with Strainprint has logged over 650,000 self-reported patient sessions, supporting product-to-symptom tracking.

Since 2020, Canna Farms has operated as a wholly-owned subsidiary of MediPharm Labs, which provides pharmaceutical-grade extraction and production capabilities. The company is headquartered in Barrie, Ontario (151 John St), though its original cultivation operations are associated with Hope, British Columbia. Ray Laflamme serves as Chief Executive Officer and Chairman of the Board. Revenue is not disclosed, and the company has not raised external venture or private equity funding.

Name

Canna Farms Ltd.

Legal name

Canna Farms Ltd.

Website

https://cannafarms.ca

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

51–100 employees

Short description

Canna Farms Ltd. is a Health Canada-licensed producer of medical cannabis, offering 100+ products across 10+ brands to registered patients across Canada via direct-to-patient e-commerce, with dedicated Veteran support, insurance billing, and clinic-referral onboarding. The company operates as a subsidiary of MediPharm Labs.

Ownership category

akta.pro rank

Product category

Medical Cannabis

NAICS

Medicinal and Botanical Manufacturing (325411)

SIC

Medicinal Chemicals & Botanical Products (2833)

akta.pro primary industry

Medical Cannabis Dispensaries (CRANAFAB)

akta.pro secondary industry

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

Keywords

• Medical cannabis products
• Licensed cannabis producer
• Dried cannabis flower
• Cannabis extracts
• Patient support services

Headquarters

HQ city

Hope

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales

Revenue model

1. Medical Cannabis Products: Sale of medical cannabis products to registered patients with over 100 products across 10+ brands

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Canna Farms Ltd. is a Health Canada Licensed Producer that cultivates, manufactures, and sells medical cannabis products to registered patients in Canada. The company offers over 100 products across 10+ brands, including dried flower, CBD full-spectrum 510 vape cartridges, and Brick Hash, with hand-selection, hand-packaging, and lot-level potency transparency. Complementary services include a bilingual patient care team, direct insurance billing, and a Veteran coverage program.

Product overview

Canna Farms Ltd. is British Columbia's first licensed medical cannabis producer, now a subsidiary of MediPharm Labs. The company offers a portfolio of over 100 medical cannabis products across 10+ brands, including dried flower, full-spectrum CBD 510 vape cartridges, and Brick Hash. Products are hand-selected and hand-packaged with full potency transparency. The company complements its product portfolio with patient support services including bilingual care team support, direct insurance billing, and a dedicated Veteran coverage program. A partnership with Strainprint enables patient tracking and outcomes measurement. The company also offers recreational cannabis products through a separate product line.

Differentiator

Problem solved

Functional benefit

Products and services

• Medical Cannabis Products Over 100 medical cannabis products across 10+ brands offering a wide range of medically-focused product formats and cannabinoid concentrations, including dried flower and extracts, designed to meet patients' individualized therapeutic needs.
• Dried Flower Hand-selected and hand-packaged dried cannabis flower products with humidity packs to maintain freshness and transparency on potency test results for every lot prior to purchase.
• CBD Full-spectrum 510 Vapes Full-spectrum CBD vape cartridges in 510 thread format providing inhalation delivery of cannabis extracts for medical patients.
• Brick Hash Traditional pressed hashish product made from compressed cannabis resin, offered as part of the medical cannabis product portfolio.
• Recreational Cannabis Products Cannabis products offered for adult-use recreational purposes through the company's separate recreational product line.
• Veteran Coverage Program Dedicated priority Veteran registration and support with a VAC/MBC pre-coverage program for swift medication access, covering the difference above $6.00/gram for approved veterans on all cannabis products.

Quantifiable outcome

• Over 650,000 patient sessions logged through Strainprint partnership

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core.

• StrainprintcoreTechnology or IntegrationPartnership providing patient session tracking with over 650,000 self-reported patient sessions logged. Enables patients to track products that work best for them and learn from others' experiences through strain-symptom sheets.
• HELLOMDcoreChannel Partner/ Reseller/ DistributorPartnership offering free virtual online appointments for new or renewed medical documents. Patients can book through cannafarms.hellomd.com/start to obtain medical documentation.
• MediPharm LabscoreOthersParent company - Canna Farms Ltd. is a subsidiary of MediPharm Labs. Provides production and laboratory capabilities for cannabis products.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Tilray Brands: One of Canada's largest licensed cannabis producers with both medical and recreational operations across multiple provinces. Directly comparable to Canna Farms as a federally licensed Canadian LP serving medical patients and adult-use consumers, though at significantly larger scale.
• Canopy Growth Corporation: Major Canadian licensed producer offering medical cannabis under Spectrum Therapeutics and recreational brands. Comparable to Canna Farms as a federally licensed Canadian medical and recreational cannabis producer, with broader brand portfolio and international footprint.
• Aurora Cannabis: Large Canadian licensed producer with significant medical cannabis operations and patient support programs. Comparable to Canna Farms as a federally licensed Canadian LP focused on medical patients, with established Veteran and reimbursement support infrastructure.
• Cronos Group: Canadian licensed cannabis producer with international operations and branded medical and recreational products. Comparable to Canna Farms as a federally licensed Canadian LP, though operating at larger scale with broader geographic footprint and brand portfolio.

Direct peers

• OrganiGram Holdings: Canadian licensed producer focused on premium dried flower and medical cannabis products. Comparable to Canna Farms as a mid-sized Canadian LP with medical focus, similar product formats including dried flower and vapes, and Health Canada licensing under ACMPR.
• Decibel Cannabis Company: Canadian licensed cannabis producer with operations in Alberta and focus on value-priced products across dried flower and concentrates. Comparable to Canna Farms as a mid-market Canadian LP serving both medical and recreational channels with similar value-based positioning.
• Flowr Corp: Canadian licensed cannabis producer focused on premium dried flower products. Comparable to Canna Farms as a federally licensed Canadian LP with cultivation operations and similar product portfolio across dried flower and extracts.
• Zenabis Global: Canadian licensed cannabis producer offering medical and recreational products across multiple formats. Comparable to Canna Farms as a federally licensed Canadian LP with medical patient focus and similar cultivation and packaging infrastructure.
• Emerald Health Therapeutics: Canadian licensed producer focused on medical cannabis and CBD products with cultivation operations. Comparable to Canna Farms as a federally licensed Canadian LP serving medical patients with similar product portfolio and patient support services.

Others

• Strainprint Technologies: Canadian cannabis data and patient outcomes tracking platform with over 1 million logged patient sessions. Comparable to Canna Farms through their commercial partnership providing the 650,000+ patient session dataset and serving as a patient engagement technology provider within the medical cannabis ecosystem.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key highlights6 records

Customer concentration

• Xx.com/CannaFarmsLtd

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 Canna Farms Ltd.