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Highest Growth Cannabis Companies

Written by Nellie Stokeld
Cannabis Companies

If you live in a metropolitan city, chances are you’ve noticed an uptick in casual marijuana smoking on the city’s streets and grassy knolls. A recent visit to Washington Square Park provided ample opportunity to see a cottage industry of marijuana dealers, selling their hand-rolled joints, jars of cannabis, and THC and CBD gummies from California and Denver outposts. For cities that have legalized the recreational consumption of the drug–or plant, depending on who you ask–the skunk-like stench of the plant might hit you more often than cigarette smoke.

Some Stats

In 2021, legal consumption across the nation rose significantly, reaching a value of $13.2BN, with an anticipated compound annual growth rate (CAGR) of 25.5% from 2022 to 2030. Enrollment in medical marijuana programs saw a four-fold increase between 2016 and 2020, with chronic pain cited as the most common reason for registration. The pandemic brought excesses in drinking, shopping, and, as it turns out, cannabis consumption. Legal marijuana sales increased 120% in 2020 alone.

Where there’s smoke, there’s investment

Investors have surely taken notice. Our list of the top 25 reveals trends in delivery, e-commerce, B2B software, therapeutics, and beverages. Here’s a closer look at our top 3 companies in cannabis.

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Highest Growth Companies in Cannabis

Company NameDescriptionValuation
Eaze TechnologiesDelivery$700MM
LeafLinkB2B Software$1.695BN
WurkHR$60MM
Vangst Talent NetworkHR$95MM
PharmaCannisAlternative Medicine$1.1BN
Hound LabsHealthcare Equipment$400MM
Parallel CannabisTherapeutics$1.9BN
TreezE-Commerce$260MM
DutchieDelivery$3.75BN
NabisMarketplace$100MM
Mile High LabsWellness$300MM
Jane TechnologiesDelivery$400MM
Vertical CompaniesConsumer Products$150MM
Confident CannabisEnterprise Software$45MM
DemetrixDrug Research$200MM
FylloEnterprise Software$300MM
Viola BrandsConsumer Products$90MM
Holistic IndustriesMedical$600MM
C3 IndustriesE-Commerce$150MM
CannNon-alcoholic Beverages$100MM
KadenwoodConsumer Products$400MM
Flowhub HoldingsEnterprise Software$210MM
Revolutionary ClinicsHealthcare Products$150MM
Stability CannabisDistribution$150MM
Connected CannabisConsumer Products$150MM
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