Top 25 Cannabis VC (Venture Capital) Funds in Canada in May 2026

Portfolio highlights

• Tru — Obsessively formulated by fusing flavor with function, each of our tasty innovations perform when you need it most. From the time you wake up until the second your head hits the pillow, we elevate every moment one sip at a time.
• Awake Chocolate — AWAKE Chocolate combines delicious milk chocolate.
• PHILTER Labs — Philter Labs presents an innovative smoke filter for E-Cig, Vape Pen, & CBD Pen. Filters smoke from entering shared space while you still enjoy the experience.

Portfolio highlights

• Claybourne — Claybourne is a cannabis breeder, cultivator, and retail brand that is known for its broad line of flower, pre-roll, and concentrate products.
• humble+fume — humble+fume is Canada’s leading distributor of cannabis accessories. We offer the largest range of products and accessories to legal dispensaries, head shops and smoke shops of all sizes. We work with over 200 of the leading industry brands and offer more than 10,000 products and accessories. With distributions centres across North America, we arewell positioned to help grow your business. Our team believes pairing cannabis accessories is at the heart of contemporary enjoyment, we look forward to working with you and creating the perfect experience for your customers.
• HC Solutions Holdings — HC Solutions Holdings operates as a distributor of cannabis. HC Solutions Holdings formed as a Joint Venture between Green Acre Capital Distribution Corp. and Humble & Fume.

Portfolio highlights

• Masterpiece Studio — The first complete VR 3D creative suite for indie creators. Access our suite of professional, intuitive and easy-to-use tools - for FREE!
• Synthesis Health — Synthesis Health is an emerging leader in imaging software and solutions and AI, partnering with radiology, medical imaging, hospitals and physician practices.
• Immigrate Software — Connect with global talent for Canadian employers. 99.5% approval rate. Learn more!

Portfolio highlights

• Bright Breaks — Bright offer on-site and virtual amenities for companies and employees. whether your team is on-site, working from home, or in between.
• Planetary — Planetary restores the chemistry of seawater so it can do what it has always done: support life and protect the planet.
• CarbonCure Technologies — CarbonCure Technologies creates, develops, and licenses solutions that consume waste CO2 to make better concrete. It spurs the market shift towards affordable green concrete, by enabling concrete manufacturers to convert waste CO2 into solid minerals, locked away as a solid within concrete during manufacturing. It is a green building technologycompany currently serving concrete product manufacturers in the US and Canada. It offers concrete producers the ability to manufacture green concrete products without compromising on either quality or price.CarbonCure is a retrofit innovation that repurposes CO2 gas from large final emitters as a feedstock in concrete plants. The gas is permanently converted into embedded solid mineral carbonates that yield material, environmental, and production advantages. By enabling concrete manufacturers to consume CO2 into concrete products during manufacturing, the technology differentiates an otherwise traditional commodity concrete product, while achieving superior material performance characteristics. In addition to technology, CarbonCure provides demand-pull marketing and environmental reporting/certification services to reinforce its customers’ exclusive competitive positioning. The technology is licensed at a very low-CAPEX to concrete producers, generating a recurring revenue stream.CarbonCure Technologies was founded in 2007 and is headquartered in Halifax, Nova Scotia.

Portfolio highlights

• MixRift — MIXRIFT - game developers specialized in Mixed Reality
• unspun — From 3D scan to perfect fitting custom jeans. unspun makes each pair of jeans unique to your actual body and design. On a mission to reduce global carbon emissions by 1%. As seen in Fast Company's World Changing Ideas, Time's Best Inventions, and PopSci's Best of What's New. Welcome to the future of apparel.
• Mesa Quantum — Unlock the potential of chip-scale quantum sensing for enhanced Position, Navigation, And Timing capabilities. Explore Mesa Quantum's practical solutions.

Portfolio highlights

• Welbi — Boost your resident experience with streamlined administrative processes, personalized programming, and real-time insights powered by Welbi.
• Axonify — Axonify provides eLearning software, interval reinforcement solutions, and gamified learning. Using principles of interval reinforcement and incorporating the realities of how emerging workforces learn in today’s environment, Axonify enables its customers to make training stick and improve employee performance.
• SceneDoc — SceneDoc is public safety’s first all-in-one mobile software for data collection and retrieval. By modernizing with SceneDoc, agencies operate with higher levels of clarity and control, with fewer moving parts, capturing data and reporting at the point of need. SceneDoc is saving agencies an hour of paperwork per shift on average, resulting in lesstime reporting and more time in the community so officers can do what they do best.

Portfolio highlights

• Paxton — Regulatory Intelligence, with the speed of Generative AI.
• SpecCheck — Revolutionizing the way doctors, optical labs, and their technology partners work together and do business.
• Quadient Accounts Receivable by YayPay — YayPay accounts receivable automation software helps businesses collect faster, forecast cash flow accurately, and improve payment process. Automate your AR

Portfolio highlights

• Lucid Green — Lucid Green aims to provide supply chain operational efficiency and brand marketing solutions to help cannabis brands, distributors and retailers reduce costs, increase transparency, and drive revenue.
• Trait Biosciences — Trait Biosciences is an emerging cannabis biotechnology company harnessing the best-in-class research scientists in biotechnology and cannabis R&D to change the face of the industry. The company was founded in 2017 and is based in Vancouver, Canada.
• Engin Sciences — Engin Sciences develops AI-Driven HR software that plugs into existing job boards, giving companies access to a virtual talent management system for hourly jobs, allowing HR managers to gamify the job application process on any site, quickly evaluating applicants, engaging and routing viable candidates to the jobs to which they’re best suited.Saving time and reducing churn, Engin saves companies thousands of dollars in HR personnel expenses.

Portfolio highlights

• Casium — Casium is to revolutionize immigration services for aspiring immigrant founders, researchers and employers hiring international talent.
• AudiencePlus — AudiencePlus is a first-of-its-kind software platform for owned media that enables marketing teams to build, engage, and monetize their audience.
• AI or Not company — AI or Not is the leading AI detector for all content types: text (ChatGPT, Claude), image (Midjourney, 4o), music (Suno, Udio) & video (Veo, Kling)

Portfolio highlights

• GrowerIQ — GrowerIQ is building the first cannabis seed-to-sale tracking platform to integrate all facility systems in one place. As the only platform designed from the perspective of a Master Grower, GrowerIQ is more intuitive and representative of real-world best practices than other non-cannabis ERPs. Their customers reduced their compliance risk by movingto entirely digital operations, and saved two weeks of Quality Assurance time every month by generating regulatory compliance reports of 2000+ columns with one click. GrowerIQ is now the business backbone for Licensed Producers across Canada and around the world.
• Data Sentinel — Data Sentinel is a sensitive data management platform that provides deep technology to protect, identify, inventory, classify and tag sensitive data for your company.

Portfolio highlights

• Headset — Retail & market insights for cannabis retailers, product manufacturers, CPGs, processors, growers & all ancillary services.
• Katalys — Katalys is a partnership marketing technology platform that provides Brands and Publishers with a better way to generate revenue in the performance marketing channel. Formed out of the recent merger between RevOffers, a ‘cookieless’ graph attribution technology, and the embedded commerce innovation of 1o.io, Katalys is set on a course to disruptthe digital marketing landscape.Katalys' disruptive innovation in the performance marketing space is an embedded commerce technology that allows consumers to transact at any point of product discovery. This includes the ability to complete an eCommerce transaction inside a display advertisement, in-app, in-video, blog post, social media platforms, and even inside a VR/AR environment.
• Birchmount Network — Birchmount Network is a gift card and marketing services company that provides comprehensive revenue and brand solutions.

Portfolio highlights

• Pibox — Pibox is an all-in-one platform, where music production professionals manage, share, and refine audio. Perfect for project management, audio collaboration, collecting feedback, and seamless communication.
• Appello — Streamline workforce management, health & safety compliance, and resource allocation for construction businesses with Appello.
• Insight Terra — Insight Terra supports data driven risk management in critical situations where business operations, people and the environment all come together.

Portfolio highlights

• Leni — Discover Leni: AI-driven insights for real estate investing. Streamline underwriting, reporting, and decision-making. Empower your team today!
• Lynx — Lynx is pioneering a better way to approach venture funding. Get started with the SWEAT equity toolkit today!
• Skribe.ai — Capture legal testimony with secure video, fast transcript access, and human-verified records. Skribe turns depositions into usable intelligence.

Portfolio highlights

• Strands Hair Care — Strands Hair Care delivers custom shampoo & conditioner with full ingredient customization based on accurate, quantified biological data for each customer.
• Wilde Brands — Thin and crispy, flavorful, and 7x the protein of a potato chip. Wilde Chips are grain & gluten free, Paleo certified, Keto friendly, non-GMO & allergen-free.
• Mother Science — Discover Mother Science, a revolutionary biotech skincare brand with a clinically proven serum for hyperpigmentation and sun damage.

Portfolio highlights

• GrowerIQ — GrowerIQ is building the first cannabis seed-to-sale tracking platform to integrate all facility systems in one place. As the only platform designed from the perspective of a Master Grower, GrowerIQ is more intuitive and representative of real-world best practices than other non-cannabis ERPs. Their customers reduced their compliance risk by movingto entirely digital operations, and saved two weeks of Quality Assurance time every month by generating regulatory compliance reports of 2000+ columns with one click. GrowerIQ is now the business backbone for Licensed Producers across Canada and around the world.
• Safely — Safely. Trust insured.Safely answers the two most pressing questions in the vacation home rental industry: Who is staying in my house? What happens when something goes wrong? Combining a rigorous guest verification program with the most comprehensive insurance available, Safely gives property managers and homeowners peace of mind thattheir homes are safe and protected.
• Season Share — There are 3.2M season tickets holders in the U.S. and 70% of season ticket holders share their tickets with other fans. We are the only mobile app that enables fans to buy, group, split and share season tickets to live sporting events. Season Share was founded by three sports fans with deep ties in tech, entertainment, sports and ticketing. Ourtechnology is ready to disrupt the stagnant ticketing industry, increasing team and league revenue while making the fan experience easier and more realistic for today’s consumer. Let’s change the game together.

Portfolio highlights

• Universal Seal — Is a professional manufacturer & exporter of polyurethane hydraulic seals and SPECIAL URETHANE products.
• DMZ — The DMZ at Ryerson University is a business incubator for tech startups in Canada. It helps startups build businesses by connecting it with customers, capital, experts, and a community of entrepreneurs and influencers. This means creating an environment where people can focus on scaling businesses.The DMZ at Ryerson University was founded on 2010and is headquartered in Toronto, Canada.
• PARO Centre for Women's Enterprise — PARO Centre for Women’s Enterprise provides regular workshops, conferences, and events to support personal and professional development. They provide business support including access to funding for women entrepreneurs living. Their customers communicate via phone, address, and online applications.

Portfolio highlights

• Zilia — Zilia's non-invasive assessment of biomarkers in the eye redefines the way we prevent, diagnose, and treat various diseases.
• Gray Oncology Solutions — Gray Oncology Solution is a healthcare enterprise software company that commercializes GrayOS, the operating system for oncology.
• Paperplane Therapeutics — Harnessing the transformative power of immersive virtual reality to reduce pain perception during medical procedures.

Portfolio highlights

• Unito — Unito is taking on a major problem that people are passionate about solving: they make it easier to collaborate across teams. They don't make users learn new tools and change the way they work. By connecting work management tools, they allow managers, cross-functional teams, departments, and entire companies to benefit from seamlesscollaboration and improved communication. The app syncs projects across a number of tools like Trello, Asana, JIRA, GitHub, Wrike, Zendesk & Hubspot. This is a hard problem of semantics, synchronization, and APIs.
• Vetster — Pet health starts with Vetster. Find and book veterinarians from across North America to provide excellent health care for your pet through video consults. Cats, dogs, reptiles, horses - all pets are welcome.
• Ready, Set, Food! — Ready, Set, Food! makes it easy for parents reduce their baby's risk of developing peanut, egg, and milk allergies by up to 80% with our gentle, daily system.

Portfolio highlights

• Dynaleo — At Dynaleo, we produce the highest quality cannabis-infused Edible Gummies. Learn more about our innovative CBD and THC gummies on our website.
• Headset — Retail & market insights for cannabis retailers, product manufacturers, CPGs, processors, growers & all ancillary services.
• TerrAscend — A Leading Vertically-Integrated North American OperatorTerrAscend is a leading North American cannabis operator with vertically integrated operations in

Portfolio highlights

• Along AI — Join our waitlist and try it first!
• Swaap — We we build & operate onchain trading systems.
• Runway Health — Affordable, convenient travel health medications for motion sickness, sleeplessness, altitude sickness, malaria prevention and traveler's diarrhea.

Portfolio highlights

• Transak — Transak offers a simple integration to allow your users to buy more than 100+ cryptocurrencies with credit/debit cards, or bank transfers in more than 120+ countries.
• Macro — Macro is the platform professionals use to review, draft, collaborate, and compare documents faster and wiser.
• Pickle Robot — We make robots that unload trucks without retrofitting the warehouse

Portfolio highlights

• Praxis — We are Praxis: a global community of creatives and technologists working to build the city of the future.
• New Found Gold Corp. — New Found Gold Corp. is actively exploring district size gold exploration projects in Newfoundland and Ontario.
• Moneta Porcupine Mines — Moneta holds a 100% interest in 5 core gold projects strategically located along the highly prospective Destor Porcupine Fault Zone.

Portfolio highlights

• Pop Meals — Expect exciting, locally trending meals at an affordable price! Now with dine-in, pickup and delivery .
• Livescale — Try the Live Shopping solution with e-Commerce and checkout integration. Boost your real-time sales and skyrocket your brand awareness among communities!
• Ludex — Ludex is a casual esport platform where gamers can compete with friends and influencers on mobile video-games.

Portfolio highlights

• Spiderwort — Spiderwort is an innovator in all-natural, plant-based biomaterials that have the potential to repair spinal cord injuries and promote healing.
• Groupe Evex — Groupe Evex deals with the commercial real estate projects.
• Marmax — Marmax deals with residential and commercial construction, renovation and roofing.

Portfolio highlights

• RetiSpec — RetiSpec is a medical imaging company using advanced AI for the detection of neurodegenerative diseases through hyperspectral imaging of the eye.
• Yellowbird Diagnostics — Be Seen. Be Cured.
• Grey Matter Neurosciences — Grey Matter Neurosciences is a neurotechnology firm developing new medical devices and drug-device combinations to treat age-related brain illnesses like dementia.