True North Cannabis

What True North Cannabis does

True North Cannabis Corp. is a Canadian hemp-derived CBD products company headquartered in Saskatoon, Saskatchewan. The company produces a focused portfolio of THC-free CBD products including crystalline CBD isolate (>99% purity), Nectar N-500 and N-1K CBD oils formulated with organic MCT oil, CBD-infused honey sticks in 5-pack and 50-pack formats, and minor-cannabinoid blend variants incorporating CBN and CBG at 1:5 ratios. All products are derived from Canadian-grown hemp, processed through licensed partners, and tested below 0.01 mg/g THC in compliance with Health Canada requirements.

The company's underlying technology centers on a vertically integrated seed-to-shelf model: founders studied hemp genetics in-field beginning in 2015, developed proprietary in-field harvesting equipment to collect and transport biomass, and process hemp through staged upgrading into pure CBD isolate. This isolate-first approach supports consistent dosing and a clean formulation profile without interference from other cannabinoids.

True North operates three revenue channels: direct-to-consumer e-commerce through its own website, B2B wholesale of bulk CBD ingredients (crude, distillate, isolate, biomass, custom blended) to CPG manufacturers, and third-party retail distribution via licensed Canadian cannabis retailers including the Ontario Cannabis Store (OCS), AGLC (Alberta), MyMedi.ca, Herbal Dispatch, and HiBuddy. The company serves two primary customer segments: health-and-wellness consumers seeking THC-free CBD products, and CPG/wellness manufacturers requiring consistent, high-quality CBD inputs. In 2021, True North was acquired by Blue Sky Hemp Ventures, a strategic operator focused on whole-plant hemp utilization spanning food, fiber, and pharmaceuticals.

Name

True North Cannabis

Legal name

True North Cannabis Corp.

Website

https://truenorthcannabis.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

True North Cannabis Corp. is a Saskatoon-based Canadian hemp CBD products company that produces and sells THC-free CBD isolate, oils, and honey sticks through D2C e-commerce, B2B wholesale ingredients, and licensed Canadian provincial cannabis retailers.

Ownership category

akta.pro rank

Product category

CBD and Hemp Wellness Products

NAICS

Medicinal and Botanical Manufacturing (325411)

SIC

Medicinal Chemicals & Botanical Products (2833), Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122)

akta.pro primary industry

CBD/Hemp Wellness & Supplements Retail (CRANAHAC)

Keywords

• Hemp-derived CBD
• THC-free CBD oils
• CBD isolate production
• Cannabis wellness products
• Bulk CBD ingredients

Headquarters

HQ city

Saskatoon

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Direct to Consumer (D2C) Retail: Products sold directly to consumers through the company's e-commerce website including CBD oils, isolates, and honey sticks at various price points.
2. Wholesale CBD Ingredients: B2B sales of bulk CBD inputs including THC or CBD crude, distillate, isolate, biomass, and custom blended/prescriptive ratioed products through multiple strategic extraction partners at industry-leading price points.
3. Third-Party Retail Distribution: Products distributed through licensed cannabis retailers across Canada including provincial cannabis stores and independent dispensaries.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels6 records

Core offering

True North Cannabis is a Canadian hemp-based CBD products company that formulates and distributes THC-free CBD retail products (CBD oils, CBD isolate, and CBD-infused honey sticks) under the Nectar line, and sells bulk CBD ingredients (crude, distillate, isolate, biomass, and custom blended formulations) to B2B customers. Products are powered by licensed processing partners and compliant with Health Canada requirements, with all cannabinoid inputs isolated to deliver consistent dosing tested below 0.01 mg/g THC.

Product overview

True North Cannabis is a Canadian hemp-derived CBD products company offering a portfolio of THC-free CBD products. The product lineup centers on two core CBD oil tinctures (Nectar N-500 and Nectar N-1K) formulated with CBD isolate and Organic MCT oil, supplemented by CBN and CBG blend variants of these oils in 1:5 ratios. The company also offers CBD isolate in crystalline powder form (1g and 3g sizes) and an innovative CBD Honey Sticks line featuring plain, CBN:CBD, and CBG:CBD cinnamon variants in 5-pack and 50-pack formats. All products are THC-free (tested below 0.01 mg/g per Health Canada requirements), derived from Canadian-grown hemp, and use CBD isolate for consistent dosing.

Differentiator

Problem solved

Functional benefit

Products and services

• CBD Isolate Crystalline CBD powder with greater than 99% purity derived from Canadian-grown hemp, available in 1g or 3g sizes. THC-free, 3rd party COA tested, and usable sublingually, infused into fat-soluble products, or mixed into topicals. Targeted at consumers and formulators seeking pure CBD input.
• Nectar N-500 CBD Oil Introductory CBD tincture containing 500mg of CBD isolate in a 30ml bottle with organic MCT oil as carrier. Provides 16.5mg/ml concentration with 0mg THC. Targeted at consumers new to CBD.
• Nectar N-1K CBD Oil Flagship CBD oil containing 1000mg of CBD isolate in a 30ml bottle, formulated with organic MCT oil for fat-soluble delivery. Targeted at experienced CBD consumers seeking higher potency.
• CBN:CBD 1:5 Nectar N-500 Oil Entry-level CBN and CBD oil blend with 500mg CBD and 100mg CBN per 30ml bottle (16.7mg/ml CBD, 3.3mg/ml CBN). Made with organic coconut MCT oil, THC-free.
• CBG:CBD 1:5 Nectar N-500 Oil Entry-level CBG and CBD oil blend with 500mg CBD and 100mg CBG per 30ml bottle (16.7mg/ml CBD, 3.3mg/ml CBG). Made with organic coconut MCT oil.
• CBG:CBD 1:5 Nectar N-1K Oil Premium CBG and CBD oil with 1000mg CBD and 200mg CBG per 30ml bottle (33.3mg/ml CBD, 6.7mg/ml CBG). Formulated with organic MCT oil, 0mg THC.
• CBN:CBD 1:5 Nectar N-1K Oil Premium CBN and CBD oil with 500mg CBD and 100mg CBN per 30ml bottle (16.7mg/ml CBD, 3.3mg/ml CBN). Made with organic MCT oil, 0mg THC.
• CBD Honey Sticks 50 Pack Individually packaged CBD-infused honey sticks delivering 20mg CBD per stick, with total 1000mg CBD per 50-pack. Made with Canadian honey, organic MCT oil, and CBD isolate. THC-free.
• CBD Honey Sticks 5 Pack Small pack of CBD-infused honey sticks delivering 20mg CBD per stick, with total 100mg CBD per 5-pack. Made with Canadian honey and CBD isolate. THC-free.
• CBN:CBD Honey Sticks 5 Pack CBN and CBD infused honey sticks delivering 5mg CBN and 20mg CBD per stick, with total 25mg CBN and 100mg CBD per 5-pack. THC-free.
• CBG:CBD Cinnamon Honey Sticks 5 Pack CBG and CBD infused cinnamon honey sticks delivering 5mg CBG and 20mg CBD per stick, with total 25mg CBG and 100mg CBD per 5-pack. THC-free.
• Wholesale CBD Ingredients (B2B) B2B wholesale channel offering bulk THC or CBD crude, distillate, isolate, biomass, and custom blended or prescriptive ratioed products through strategic extraction partners at industry-leading price points. Targeted at food, beverage, supplement, and wellness product manufacturers.

Quantifiable outcome

• All THC-free products tested below 0.01 mg/g as per Health Canada requirements
• +1 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Blue Sky Hemp VenturescoreStrategic or Co-development PartnerTrue North Cannabis was recently acquired by Blue Sky Hemp Ventures, described as a global leader in whole plant utilization harnessing the goodness of the whole hemp plant for food, fiber, and pharmaceuticals. Both companies share values centered on harnessing the power of hemp, supporting farming communities, and serving the health and wellness community. The acquisition enables True North to provide high-quality hemp and hemp extracts at lower cost.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• CV Sciences: Manufacturer of PlusCBD Oil products and bulk hemp CBD ingredients. Comparable to True North's split between branded CBD wellness SKUs and B2B raw ingredient supply to CPG customers.
• Charlotte's Web Holdings: US-listed CBD wellness company selling hemp-derived tinctures, capsules, and topicals to mass retail and DTC. Directly comparable to True North on product format (CBD isolate tinctures, wellness positioning), THC-free strategy, and reliance on vertically integrated hemp sourcing.
• Elixinol Wellness: Global hemp CBD brand selling tinctures, capsules, and topicals via DTC and retail across multiple geographies. Comparable to True North on product format, THC-free positioning, and D2C plus distributor-led GTM.
• Kazmira: US-based CBD ingredient manufacturer producing THC-free CBD crude, distillate, isolate, and white-label formulations for CPG customers. Closely comparable to True North's wholesale/B2B ingredient stream and isolate production capabilities.
• cbdMD: US CBD brand offering isolate-based tinctures, gummies, and topicals nationally via DTC and retail. Comparable to True North in THC-free CBD isolate formulation, mid-tier price points, and multi-channel D2C plus wholesale distribution.

Others

• Blue Sky Hemp Ventures: Parent company of True North Cannabis, focused on whole-plant hemp utilization for food, fiber, and pharmaceuticals. Relevant because it sets the strategic, capital, and supply context for True North and shares the underlying hemp sourcing infrastructure.

Broad incumbents

• Aurora Cannabis: Major Canadian licensed producer with CBD and medical cannabis SKUs listed across Canadian provincial retailers. Comparable as a broad incumbent that competes for shelf space with True North in OCS, AGLC, and private retailers.
• Canopy Growth Corporation: Large Canadian licensed cannabis producer with CBD wellness SKUs distributed across OCS, AGLC, and other provincial boards. Comparable as a broad incumbent that lists competing CBD oils and isolates in the same retail channels True North depends on.
• OrganiGram Holdings: Canadian licensed cannabis producer with CBD/edible SKUs across OCS and other provincial boards. Comparable as a Canadian competitor that shares True North's retail door set but operates its own cultivation and processing.
• Tilray Brands: Global cannabis and CPG company with a Canadian CBD wellness portfolio and licensed cultivation/processing. Comparable as a licensed incumbent that supplies the same provincial retailers and CPG-formulation buyers as True North, but at much greater scale.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat4 records

Key risks1 record

Key highlights6 records

Customer concentration

• Facebookfacebook.com/truenorthcbd
• LinkedInca.linkedin.com/company/true-north-cannabis
• Instagraminstagram.com/truenorthcannabis

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 True North Cannabis