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Ayurcann

Full company profile

uuid0026rs9

Namestring
Ayurcann
Legal namestring
Ayurcann Inc.
Websiteurl
ayurcann.com
Company typeenum
Public
Founded yearint
2018
Descriptiontext

Ayurcann Inc. is a Canadian cannabis post-harvest solution provider founded in 2018 and headquartered in Pickering, Ontario. The company operated a Health Canada-licensed manufacturing facility focused on extraction, refinement, formulation, packaging, and distribution services for licensed cannabis producers and brand partners. Its core technology stack consists of ethanol extraction, winterization, fractional distillation, and co-fill/co-packaging lines, with annualized extraction capacity of up to 300,000 kg of biomass and co-fill capability of up to 3 million products after its Phase-2 expansion. Ayurcann also maintained a standing inventory of more than 300 kg of THC and CBD distillate and held Standard Processing, sales-amendment, and R&D licenses from Health Canada.

The business operated a hybrid model: B2B extraction and refinement services for licensed producers, bulk oil sales, white-label and co-manufacturing for brands such as Innocan Pharma, Her Highness, Green Bee Botanicals, Bazelet, Bravo6, Oy Vapes, and Lucky Dragon, and proprietary consumer brands (Fuego, Xplor, Happy & Stoned, Vida, Glow) plus acquired brands (Joints, Hustle & Shake). Proprietary brands were distributed through provincial cannabis boards (OCS, AGLC, Saskatchewan, Manitoba, New Brunswick, and others) to approximately 2,500 retail stores across Canada, including over 1,500 in Ontario. Ayurcann reached Top 3 vape producer status in Ontario with 5% national and 7% Ontario vape market share and was recognized with 2021 GrowUp awards for Extraction Facility and Toll Processing Facility of the Year.

Revenue was generated through professional services (extraction/refinement contracts), bulk inventory sales, managed services (white-label manufacturing), and product unit sales through provincial retail channels. FY2025 gross revenue reached $55,446,352 (21% YoY growth) with Adjusted EBITDA of $507,570, but Q1 FY2026 revenue was flat YoY. In 2026, Ayurcann entered court-supervised insolvency proceedings under the Companies' Creditors Arrangement Act; its manufacturing operations and brands were acquired by Emblem Cannabis Corporation, a subsidiary of Red White & Bloom Brands Inc., for CDN$5,501,311.

Short descriptiontext

Ayurcann Inc. was a Canadian cannabis post-harvest solution provider offering extraction, refinement, white-label manufacturing, and proprietary consumer brands (Fuego, Xplor, Happy & Stoned) to licensed producers and provincial cannabis boards across Canada. Operations were based at a Health Canada-licensed facility in Pickering, Ontario, until its 2026 CCAA-driven acquisition by Emblem Cannabis Corporation.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersPickering, Canada
HQ citystring
Pickering
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
cannabis extraction services, contract manufacturing, white label manufacturing, cannabis vape products, cannabis post-harvest
Industry2 codes
1Cannabis Wholesale Distribution (Flower, Extracts, Edibles)
CodeCRAOAIAFPrimaryYes
2Cannabis Accessories & Ancillary Products Wholesale (Vapes, Packaging, Hardware)
CodeCRAOAIAHPrimaryNo
NAICS code2 codes
  • Medicinal and Botanical Manufacturing325411
  • Postharvest Crop Activities (except Cotton Ginning)115114
SIC code1 code
  • Medicinal Chemicals & Botanical Products2833
Product category
Cannabis Processing and Manufacturing
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model4 records
1Extraction & Refinement Services
TypeProfessional Services
Description

Provides extraction and refinement services to licensed cannabis producers including bulk extraction, winterization, and fractional distillation. Services are provided on a contract/manufacturing basis.

ayurcann.com
2Bulk Oil Sales
TypeHardware Sales
Description

Maintains consistent inventory of over 300 kg of THC and CBD distillate available for sale to licensed producers, manufacturers, and brands in medical and recreational cannabis space.

prnewswire.com
3White Label / Co-Manufacturing
TypeManaged Services
Description

Works with multiple national and international brands for product development and commercialization, providing formulation, packaging, and manufacturing services under client brands.

ayurcann.com
4Proprietary Brand Sales
TypeOne Time License
Description

Sells proprietary cannabis brands including Fuego (vapes), Xplor (vapes/tinctures), Happy & Stoned (vapes/pre-rolls), Vida (tinctures), and Glow (topicals) through provincial retail channels.

ayurcann.com
Marketing channels8 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales
Pricing details1 tier
1Vida CBD 50:0 Tincture
ModelUnit PricingBilling cadencePay-as-you-go
Notes

MSRP: $19.95 for 30ml bottle containing THC 0-2 mg/ml, CBD 50 mg/ml, Total CBD 1500 mg

ayurcann.com
GTM typeB2B and B2C
B2B and B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 9 records shown
1Fuego
Description

High potency THC vape brand featuring products including vapes, flower, pre-rolls, and distillate infused pre-rolls with flavors like Cherry Blossom OG, Berry Nice, Peachy Lychee, Tropic Monster, Purple Rocket OG, Electric Black Cherry, Blue Venom, Wondermelon Slush

ayurcann.com
+8 more records
Core offering1 text field

Ayurcann provides Canadian cannabis post-harvest production services covering biomass extraction, refinement, processing, packaging, distribution, white-label manufacturing, and bulk oil sales. It also sells branded cannabis consumer products through licensed retail channels.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • Extraction capacity of 300,000 kg biomass annually
+4 more records
Product overview1 text field

Ayurcann is a Canadian cannabis post-harvest solution provider operating as both a product company and a service provider. The company owns three core consumer brands (Fuego, Xplor, Happy & Stoned) producing high-potency cannabis vapes, flower, pre-rolls, and infused pre-rolls, along with sub-brands for topicals (Glow) and tinctures (Vida, Xplor Tinctures). Additionally, Ayurcann provides B2B services including extraction and refinement (up to 300,000 kg annual capacity), bulk oil sales (300+ kg inventory), and white label manufacturing for partner brands. The company operates a Health Canada-licensed manufacturing facility in Pickering, Ontario.

Product and service11 records
1Cannabis post-harvest production services
CategoryCannabis Processing Services
Description

Provides cannabis post-harvest production services covering biomass extraction, refinement, processing, packaging, and distribution for business customers.

2White-label manufacturing
CategoryContract Manufacturing
Description

Manufactures cannabis products under customer brands for business customers.

3Bulk oil sales
CategoryCannabis Oils
Description

Sells bulk cannabis oil to business customers.

4Fuego
CategoryCannabis Consumer Products
Description

Ayurcann-branded cannabis product offering for consumers.

5Xplor
CategoryCannabis Consumer Products
Description

Ayurcann-branded cannabis product offering for consumers.

6Happy & Stoned vapes
CategoryCannabis Vape Products
Description

Cannabis vape products in Ayurcann's consumer portfolio.

7Glow topicals
CategoryCannabis Topicals
Description

Topical cannabis products in Ayurcann's consumer portfolio.

8Vida tinctures
CategoryCannabis Tinctures
Description

Tincture products in Ayurcann's consumer portfolio.

9Xplor tinctures
CategoryCannabis Tinctures
Description

Tincture products in Ayurcann's consumer portfolio.

10Joints
CategoryCannabis Consumer Products
Description

Cannabis joint products in Ayurcann's consumer portfolio.

11Hustle & Shake
CategoryCannabis Consumer Products
Description

Ayurcann-branded cannabis product offering for consumers.

Scale indicator10 records

Each record includes

Type, Value, Description, Source

Partnership10 partners
Strategic tierCoreTypeOEM/ Whitelabel/ Licensing Partner
Description

California-based brand partnership for manufacturing and distribution of THC and CBD Green Bee Botanicals products in the Canadian market.

Strategic tierCoreTypeOEM/ Whitelabel/ Licensing Partner
Description

NYC-based cannabis brand partnership for intimacy-focused pleasure oils. Ayurcann manufactures and distributes Her Highness products in Canada.

Strategic tierCoreTypeOEM/ Whitelabel/ Licensing Partner
Description

Israeli-based pharmaceutical cannabis company partnership for manufacturing and distribution of cannabis products in Canada.

Strategic tierMinorTypeOEM/ Whitelabel/ Licensing Partner
Description

Israeli-based brand partnership for pharmaceutical grade cannabis products in Canadian market.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Partnership agreement to enter Canadian recreational cannabis market with distribution services for Ayurcann branded products.

Strategic tierMinorTypeChannel Partner/ Reseller/ Distributor
Description

Distribution partnership for cannabis products in Canadian market.

Strategic tierMinorTypeChannel Partner/ Reseller/ Distributor
Description

Distribution partnership for medical cannabis products.

Strategic tierMinorTypeOEM/ Whitelabel/ Licensing Partner
Description

Gaming-focused highly potent THC vape brand with specific indica and sativa SKUs.

9Oy Vapes
Strategic tierMinorTypeOEM/ Whitelabel/ Licensing Partner
Description

Culture-specific highly potent white label THC vape brand partnership.

prnewswire.com
Strategic tierMinorTypeOEM/ Whitelabel/ Licensing Partner
Description

White label brand partnership for cannabis products.

Recent move9 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeEmerging player
Description

High Tide is a Canadian cannabis retailer and consumer products company with both retail storefronts and proprietary branded products including vapes and accessories. Comparable to Ayurcann as a Canadian cannabis company with branded products sold through retail channels, with a stronger retail/consumer-facing focus.

TypeBroad incumbent
Description

OrganiGram is a Canadian licensed cannabis producer with national recreational and medical brands plus in-house processing infrastructure. Comparable to Ayurcann as a Canadian cannabis operator with branded vapes and pre-rolls distributed through provincial boards, though at significantly larger scale.

TypeEmerging player
Description

Decibel Cannabis is a Canadian cannabis producer focused on premium flower, pre-rolls, and vape products sold through provincial boards. Comparable to Ayurcann as a Canadian cannabis company with branded recreational products distributed nationally, though at a smaller scale.

TypeOthers
Description

Red White & Bloom Brands is a Canadian cannabis operator with multi-state/province cultivation and branded products. Acquired Ayurcann's manufacturing operations and brands through the CCAA process, making it the relevant acquirer/comparator for the underlying assets.

TypeDirect peer
Description

Valens Company operates a Canadian cannabis extraction and product manufacturing platform producing vapes, beverages, edibles, and topicals for white-label and branded customers. Highly comparable to Ayurcann's core extraction and co-manufacturing model with similar B2B and consumer product mix.

TypeDirect peer
Description

MediPharm Labs is a Canadian cannabis extraction specialist that produces cannabis concentrates and derivative products for B2B customers and white-label partners under GMP-like conditions. Directly comparable to Ayurcann's bulk extraction, refinement, and white-label manufacturing business, with similar customer base and technology stack.

TypeBroad incumbent
Description

Aurora Cannabis is a Canadian licensed producer with national recreational and medical cannabis operations including extraction and derivative products. Comparable to Ayurcann as a Canadian cannabis company with both cultivation and processing capability, with overlapping presence in provincial board distribution channels.

TypeDirect peer
Description

Auxly Cannabis Group is a Canadian cannabis products company engaged in cultivation, processing, and branded product development across dried flower, pre-rolls, vapes, and oils. Comparable to Ayurcann as a vertically integrated cannabis processor with branded product portfolio; Auxly was the stalking horse bidder and DIP lender in Ayurcann's CCAA proceedings.

TypeBroad incumbent
Description

Tilray is a global cannabis and CPG company with Canadian cultivation, processing, and branded product distribution across flower, vapes, pre-rolls, and edibles. Comparable to Ayurcann as a Canadian cannabis operator with vape and pre-roll brands distributed through provincial boards, but at significant scale and with broader international footprint.

TypeBroad incumbent
Description

Canopy Growth is a Canadian-headquartered global cannabis company with branded recreational, medical, and CBD products across multiple categories. Comparable as a Canadian cannabis operator with broad SKU portfolio distributed through provincial boards; serves as a useful reference point for at-scale Canadian cannabis distribution.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Ayurcann

Cannabis Processing and Manufacturingayurcann.com

Ayurcann Inc. was a Canadian cannabis post-harvest solution provider offering extraction, refinement, white-label manufacturing, and proprietary consumer brands (Fuego, Xplor, Happy & Stoned) to licensed producers and provincial cannabis boards across Canada. Operations were based at a Health Canada-licensed facility in Pickering, Ontario, until its 2026 CCAA-driven acquisition by Emblem Cannabis Corporation.

What Ayurcann does

Ayurcann Inc. is a Canadian cannabis post-harvest solution provider founded in 2018 and headquartered in Pickering, Ontario. The company operated a Health Canada-licensed manufacturing facility focused on extraction, refinement, formulation, packaging, and distribution services for licensed cannabis producers and brand partners. Its core technology stack consists of ethanol extraction, winterization, fractional distillation, and co-fill/co-packaging lines, with annualized extraction capacity of up to 300,000 kg of biomass and co-fill capability of up to 3 million products after its Phase-2 expansion. Ayurcann also maintained a standing inventory of more than 300 kg of THC and CBD distillate and held Standard Processing, sales-amendment, and R&D licenses from Health Canada.

The business operated a hybrid model: B2B extraction and refinement services for licensed producers, bulk oil sales, white-label and co-manufacturing for brands such as Innocan Pharma, Her Highness, Green Bee Botanicals, Bazelet, Bravo6, Oy Vapes, and Lucky Dragon, and proprietary consumer brands (Fuego, Xplor, Happy & Stoned, Vida, Glow) plus acquired brands (Joints, Hustle & Shake). Proprietary brands were distributed through provincial cannabis boards (OCS, AGLC, Saskatchewan, Manitoba, New Brunswick, and others) to approximately 2,500 retail stores across Canada, including over 1,500 in Ontario. Ayurcann reached Top 3 vape producer status in Ontario with 5% national and 7% Ontario vape market share and was recognized with 2021 GrowUp awards for Extraction Facility and Toll Processing Facility of the Year.

Revenue was generated through professional services (extraction/refinement contracts), bulk inventory sales, managed services (white-label manufacturing), and product unit sales through provincial retail channels. FY2025 gross revenue reached $55,446,352 (21% YoY growth) with Adjusted EBITDA of $507,570, but Q1 FY2026 revenue was flat YoY. In 2026, Ayurcann entered court-supervised insolvency proceedings under the Companies' Creditors Arrangement Act; its manufacturing operations and brands were acquired by Emblem Cannabis Corporation, a subsidiary of Red White & Bloom Brands Inc., for CDN$5,501,311.

Ayurcann firmographics

Firmographics
Name
Ayurcann
Legal name
Ayurcann Inc.
Website
https://ayurcann.com
Company type
Public
Founded year
2018
Operating status
Acquired
Headcount range
11–50 employees
Short description
Ayurcann Inc. was a Canadian cannabis post-harvest solution provider offering extraction, refinement, white-label manufacturing, and proprietary consumer brands (Fuego, Xplor, Happy & Stoned) to licensed producers and provincial cannabis boards across Canada. Operations were based at a Health Canada-licensed facility in Pickering, Ontario, until its 2026 CCAA-driven acquisition by Emblem Cannabis Corporation.
Ownership category
akta.pro rank

Ayurcann industry classification

Industry
Product category
Cannabis Processing and Manufacturing
NAICS
Medicinal and Botanical Manufacturing (325411), Postharvest Crop Activities (except Cotton Ginning) (115114)
SIC
Medicinal Chemicals & Botanical Products (2833)
akta.pro primary industry
Cannabis Wholesale Distribution (Flower, Extracts, Edibles) (CRAOAIAF)
akta.pro secondary industry
Cannabis Accessories & Ancillary Products Wholesale (Vapes, Packaging, Hardware) (CRAOAIAH)

Keywords

  • Cannabis extraction services
  • Contract manufacturing
  • White label manufacturing
  • Cannabis vape products
  • Cannabis post-harvest

Where Ayurcann is headquartered

Location

Headquarters

HQ city
Pickering
HQ country
Canada
HQ region
North America

Offices1 record

Markets served

Ayurcann business model

Business model
GTM type
B2B and B2C
Offering type
Hardware or Manufacturing
Cost components
Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales

Revenue model

  1. Extraction & Refinement Services: Provides extraction and refinement services to licensed cannabis producers including bulk extraction, winterization, and fractional distillation. Services are provided on a contract/manufacturing basis.
  2. Bulk Oil Sales: Maintains consistent inventory of over 300 kg of THC and CBD distillate available for sale to licensed producers, manufacturers, and brands in medical and recreational cannabis space.
  3. White Label / Co-Manufacturing: Works with multiple national and international brands for product development and commercialization, providing formulation, packaging, and manufacturing services under client brands.
  4. Proprietary Brand Sales: Sells proprietary cannabis brands including Fuego (vapes), Xplor (vapes/tinctures), Happy & Stoned (vapes/pre-rolls), Vida (tinctures), and Glow (topicals) through provincial retail channels.

Pricing tiers

ModelBillingPrice
Unit PricingPay-as-you-goVida CBD 50:0 Tincture

Go-to-market motion2 records

Distribution channels5 records

Marketing channels8 records

Ayurcann product offering

Product offering

Core offering

Ayurcann provides Canadian cannabis post-harvest production services covering biomass extraction, refinement, processing, packaging, distribution, white-label manufacturing, and bulk oil sales. It also sells branded cannabis consumer products through licensed retail channels.

Product overview

Ayurcann is a Canadian cannabis post-harvest solution provider operating as both a product company and a service provider. The company owns three core consumer brands (Fuego, Xplor, Happy & Stoned) producing high-potency cannabis vapes, flower, pre-rolls, and infused pre-rolls, along with sub-brands for topicals (Glow) and tinctures (Vida, Xplor Tinctures). Additionally, Ayurcann provides B2B services including extraction and refinement (up to 300,000 kg annual capacity), bulk oil sales (300+ kg inventory), and white label manufacturing for partner brands. The company operates a Health Canada-licensed manufacturing facility in Pickering, Ontario.

Differentiator

Problem solved

Functional benefit

Brands

  • Fuego: High potency THC vape brand featuring products including vapes, flower, pre-rolls, and distillate infused pre-rolls with flavors like Cherry Blossom OG, Berry Nice, Peachy Lychee, Tropic Monster, Purple Rocket OG, Electric Black Cherry, Blue Venom, Wondermelon Slush
  • Xplor
  • Happy & Stoned (H&S)
  • Vida
  • Glow
  • Xplor Tinctures
  • Bravo6
  • Joints
  • Hustle & Shake

Products and services

  • Cannabis post-harvest production services Provides cannabis post-harvest production services covering biomass extraction, refinement, processing, packaging, and distribution for business customers.
  • White-label manufacturing Manufactures cannabis products under customer brands for business customers.
  • Bulk oil sales Sells bulk cannabis oil to business customers.
  • Fuego Ayurcann-branded cannabis product offering for consumers.
  • Xplor Ayurcann-branded cannabis product offering for consumers.
  • Happy & Stoned vapes Cannabis vape products in Ayurcann's consumer portfolio.
  • Glow topicals Topical cannabis products in Ayurcann's consumer portfolio.
  • Vida tinctures Tincture products in Ayurcann's consumer portfolio.
  • Xplor tinctures Tincture products in Ayurcann's consumer portfolio.
  • Joints Cannabis joint products in Ayurcann's consumer portfolio.
  • Hustle & Shake Ayurcann-branded cannabis product offering for consumers.

Quantifiable outcome

  • Extraction capacity of 300,000 kg biomass annually
  • +4 more outcomes

Companies that use Ayurcann

Customer profile

Named customers2 records

Segments4 records

Ideal customer profiles2 records

Ayurcann technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Ayurcann partnerships and signals

Strategic signal

Partnerships

Ten partnerships are on record, tiered core and minor.

  • Green Bee BotanicalscoreOEM/ Whitelabel/ Licensing PartnerCalifornia-based brand partnership for manufacturing and distribution of THC and CBD Green Bee Botanicals products in the Canadian market.
  • Her HighnesscoreOEM/ Whitelabel/ Licensing PartnerNYC-based cannabis brand partnership for intimacy-focused pleasure oils. Ayurcann manufactures and distributes Her Highness products in Canada.
  • Innocan PharmacoreOEM/ Whitelabel/ Licensing PartnerIsraeli-based pharmaceutical cannabis company partnership for manufacturing and distribution of cannabis products in Canada.
  • BazeletminorOEM/ Whitelabel/ Licensing PartnerIsraeli-based brand partnership for pharmaceutical grade cannabis products in Canadian market.
  • Kindred PartnerscoreChannel Partner/ Reseller/ DistributorPartnership agreement to enter Canadian recreational cannabis market with distribution services for Ayurcann branded products.
  • CannmartminorChannel Partner/ Reseller/ DistributorDistribution partnership for cannabis products in Canadian market.
  • Patient ChoiceminorChannel Partner/ Reseller/ DistributorDistribution partnership for medical cannabis products.
  • Bravo6minorOEM/ Whitelabel/ Licensing PartnerGaming-focused highly potent THC vape brand with specific indica and sativa SKUs.
  • Oy VapesminorOEM/ Whitelabel/ Licensing PartnerCulture-specific highly potent white label THC vape brand partnership.
  • Lucky DragonminorOEM/ Whitelabel/ Licensing PartnerWhite label brand partnership for cannabis products.

Scale indicators10 records

Recent moves9 records

Expansion highlights5 records

Ayurcann competitors and assessment

Company assessment

Emerging players

  • High Tide Inc. High Tide is a Canadian cannabis retailer and consumer products company with both retail storefronts and proprietary branded products including vapes and accessories. Comparable to Ayurcann as a Canadian cannabis company with branded products sold through retail channels, with a stronger retail/consumer-facing focus.
  • Decibel Cannabis Company: Decibel Cannabis is a Canadian cannabis producer focused on premium flower, pre-rolls, and vape products sold through provincial boards. Comparable to Ayurcann as a Canadian cannabis company with branded recreational products distributed nationally, though at a smaller scale.

Broad incumbents

  • OrganiGram Holdings: OrganiGram is a Canadian licensed cannabis producer with national recreational and medical brands plus in-house processing infrastructure. Comparable to Ayurcann as a Canadian cannabis operator with branded vapes and pre-rolls distributed through provincial boards, though at significantly larger scale.
  • Aurora Cannabis: Aurora Cannabis is a Canadian licensed producer with national recreational and medical cannabis operations including extraction and derivative products. Comparable to Ayurcann as a Canadian cannabis company with both cultivation and processing capability, with overlapping presence in provincial board distribution channels.
  • Tilray Brands: Tilray is a global cannabis and CPG company with Canadian cultivation, processing, and branded product distribution across flower, vapes, pre-rolls, and edibles. Comparable to Ayurcann as a Canadian cannabis operator with vape and pre-roll brands distributed through provincial boards, but at significant scale and with broader international footprint.
  • Canopy Growth Corporation: Canopy Growth is a Canadian-headquartered global cannabis company with branded recreational, medical, and CBD products across multiple categories. Comparable as a Canadian cannabis operator with broad SKU portfolio distributed through provincial boards; serves as a useful reference point for at-scale Canadian cannabis distribution.

Others

  • Red White & Bloom Brands: Red White & Bloom Brands is a Canadian cannabis operator with multi-state/province cultivation and branded products. Acquired Ayurcann's manufacturing operations and brands through the CCAA process, making it the relevant acquirer/comparator for the underlying assets.

Direct peers

  • The Valens Company: Valens Company operates a Canadian cannabis extraction and product manufacturing platform producing vapes, beverages, edibles, and topicals for white-label and branded customers. Highly comparable to Ayurcann's core extraction and co-manufacturing model with similar B2B and consumer product mix.
  • MediPharm Labs: MediPharm Labs is a Canadian cannabis extraction specialist that produces cannabis concentrates and derivative products for B2B customers and white-label partners under GMP-like conditions. Directly comparable to Ayurcann's bulk extraction, refinement, and white-label manufacturing business, with similar customer base and technology stack.
  • Auxly Cannabis Group: Auxly Cannabis Group is a Canadian cannabis products company engaged in cultivation, processing, and branded product development across dried flower, pre-rolls, vapes, and oils. Comparable to Ayurcann as a vertically integrated cannabis processor with branded product portfolio; Auxly was the stalking horse bidder and DIP lender in Ayurcann's CCAA proceedings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Ayurcann social profiles

Digital presence

Ayurcann financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Ayurcann leadership team

Management profile

Number of profiles

Profiles3 records

Ayurcann subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Ayurcann funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

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

Ayurcann M&A and investment

M&A and investment

M&A1 record

Investments

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

Frequently asked questions about Ayurcann

What does Ayurcann do?

Ayurcann provides Canadian cannabis post-harvest production services covering biomass extraction, refinement, processing, packaging, distribution, white-label manufacturing, and bulk oil sales. It also sells branded cannabis consumer products through licensed retail channels.

Is Ayurcann a public or private company?

Ayurcann is a public company. It is classified as corporate owned and is currently acquired.

When was Ayurcann founded?

Ayurcann was founded in 2018. It employs 11 to 50 people.

Where is Ayurcann based?

Ayurcann is headquartered in Pickering, Canada, in the North America region.

How does Ayurcann make money?

Four revenue lines are on record. Extraction & Refinement Services are the primary driver. The others are bulk Oil Sales, white Label / Co-Manufacturing and proprietary Brand Sales.

Who are Ayurcann's main competitors?

Emerging players on record are High Tide Inc. and Decibel Cannabis Company. Broad incumbents are OrganiGram Holdings, Aurora Cannabis, Tilray Brands and Canopy Growth Corporation. Red White & Bloom Brands is listed as an others. Direct peers are The Valens Company, MediPharm Labs and Auxly Cannabis Group.

Does Ayurcann have an API?

No public API is recorded for Ayurcann.

What industry is Ayurcann in?

Ayurcann's product category is Cannabis Processing and Manufacturing. Its primary akta.pro industry code is CRAOAIAF, Cannabis Wholesale Distribution (Flower, Extracts, Edibles), with a secondary code of CRAOAIAH, Cannabis Accessories & Ancillary Products Wholesale (Vapes, Packaging, Hardware). Its NAICS code is 325411 and its SIC code is 2833.

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GlobeNewswireRed White & Bloom Brands' Subsidiary, Emblem Cannabis Corporation, Completes Acquisition of Ayurcann's Health Canada-Licensed Manufacturing Operations, Leading Vape & Pre-Roll Brands, and Expanded NatRed White & Bloom Brands' wholly-owned subsidiary Emblem Cannabis Corporation has successfully closed the acquisition of Ayurcann's Health Canada-licensed manufacturing operations, including the nationally recognized Fuego, Xplor, and Happy & Stoned brands, through a court-supervised insolvency proceeding under the Companies' Creditors Arrangement Act. The transaction was valued at CDN$5,501,311, comprising a debt release of CDN$2,101,075 and CDN$3,400,236 in cash consideration, and includes a licensed formulation and manufacturing facility in Pickering, Ontario, over 90 SKUs distributed through approximately 2,500 retail locations across Canada. The company expects the acquisition to be immediately accretive to both revenue and EBITDA, strengthening its position in the Canadian cannabis market while creating a foundation to expand the acquired brands into additional legal cannabis markets.Investing.comRed White & Bloom subsidiary wins Ayurcann asset bid By Investing.comRed White & Bloom Brands Inc.'s subsidiary Emblem Cannabis Corporation has been selected as the successful bidder to acquire Ayurcann Holdings Corp. and Ayurcann Inc. through a court-supervised insolvency process. The acquisition includes the Fuego, Xplor, and Happy & Stoned brands along with over 90 tracked SKUs distributed across approximately 2,500 retail locations in Canada, plus a manufacturing and packaging facility in Pickering, Ontario. The transaction, structured as a share purchase giving Emblem indirect ownership of 100% of newly issued Ayurcann shares, is expected to close by May 15, 2026, subject to court approval and regulatory licensing.PR NewswireAuxly Provides Update on Stalking Horse Bid for AyurcannAuxly Cannabis Group Inc. announced that its stalking horse bid for Ayurcann Holdings Corp. was not selected as the successful bid in the court-supervised sale process, though it was designated as the "Back-Up Bid" with a May 15, 2026 deadline to close if the primary bid fails. The company had provided Ayurcann with a $2.0 million debtor-in-possession financing facility, bearing 12% annual interest and a 2.0% upfront commitment fee, secured by a court-ordered super-priority charge. CEO Hugo Alves indicated the bid was opportunistic and contingent on internal return thresholds, and that the company will focus on organic growth while evaluating capital allocation alternatives to maximize shareholder value.StratCannAuxly’s stalking horse bid for Ayurcann not selected, named back-up bidderAuxly Cannabis Group's stalking horse bid for Ayurcann Holdings Corp. was not selected in the court-supervised sale process, but it was named the back-up bid. Auxly will become the winning bidder if the successful bid does not close by May 15, 2026, and its $2 million DIP facility will be repaid. The company expects to generate significant free cash flow in 2026.NewswireAuxly Provides Update on Stalking Horse Bid for AyurcannAuxly's stalking horse bid for Ayurcann was not selected in the court-supervised sale process. The bid was set as back-up, with the DIP Facility repaid by the successful bidder. Auxly expects significant free cash flow in 2026 and is evaluating capital allocation alternatives.Investing.comEarnings call transcript: Auxly Cannabis Q4 2025 sees strong growth, stock rises By Investing.comAuxly Cannabis Group reported Q4 2025 earnings with net revenue of CAD 40.1 million, a 16% year-over-year increase, and achieved record quarterly profitability with adjusted EBITDA of CAD 12.5 million and gross margins of 54%. Despite missing the revenue forecast of CAD 40.9 million, investor sentiment remained positive with the stock rising 7.69% in pre-market trading, reflecting confidence in the company's turnaround and strategic initiatives. For full-year 2025, Auxly generated CAD 151.5 million in net revenue with 24% growth, positioned itself as Canada's top cannabis brand through its Back Forty brand, and outlined plans to invest CAD 10-12 million in capital expenditures while pursuing the acquisition of Ayurcann assets.NewswireAuxly Reports Fourth Quarter and Full Year 2025 ResultsAuxly Cannabis Group Inc. reported fourth quarter and full year 2025 financial results, with Q4 net revenue of $40.1 million (up 16%) and full year net revenue of $151.5 million (up 24% year-over-year), driven by higher volume and pricing across dried flower, pre-roll and vape products. The company achieved full year Adjusted EBITDA of $43.8 million, up 64% from the prior year, and reported net income of $41.9 million compared to a net loss of $16.3 million in 2024, while its flagship brand Back Forty was the number one cannabis brand in Canada by dollars sold for the entirety of 2025. Auxly also announced it became the DIP lender and stalking horse bidder for Ayurcann Inc.'s assets, providing strategic insight into its capital allocation priorities.PR NewswireAuxly Reports Fourth Quarter and Full Year 2025 ResultsAuxly Cannabis Group Inc. reported strong full-year 2025 financial results, with net revenue of $151.5 million representing a 24% increase year-over-year, and Adjusted EBITDA of $43.8 million up 64% from the prior year, resulting in net income of $41.9 million compared to a net loss of $16.3 million in 2024. The company also became the DIP lender and stalking horse bidder for Ayurcann Inc. assets, a strategic acquisition opportunity aligned with its core vapes and pre-rolls categories, while its flagship Back Forty brand maintained its position as the #1 cannabis brand in Canada throughout 2025.GlobeNewswireAYURCANN REPORTS Q1 2026 SALES OF $14,638,697Ayurcann Holdings Corp. reported Q1 2026 gross revenue of $14,638,697 for the three months ended September 30, 2025, with gross profit of $2,236,343 and a gross margin of 26%, representing a decline from 40% margin in Q1 2025 despite essentially flat year-over-year revenue of $14,657,485. The company also announced it has become a Top 3 vape producer in Ontario with a 5% share of the national vape market and 7% share in Ontario, having launched 30 new stock keeping units over the past six months.GlobeNewswireAYURCANN REPORTS FISCAL YEAR 2025 RECORD SALES OF $55,446,352 IN GROSS REVENUE, FEATURING 21% YEAR-OVER-YEAR INCREASE AND PROVIDES CORPORATE UPDATEAyurcann Holdings Corp. reported record gross revenue of $55,446,352 for fiscal year 2025, representing a 21% year-over-year increase from $45,265,235 in 2024, with adjusted EBITDA turning positive at $507,570 compared to a loss of $352,492 in the prior year. The company expanded its product portfolio to 80 SKUs nationwide and achieved distribution in over 75% of licensed retail cannabis stores across Canada, including over 1,500 stores in Ontario. As part of a corporate update, Ayurcann announced it will voluntarily delist from the OTCQB effective October 30, 2025, to focus trading on the Canadian Securities Exchange.