Best Cannabis HealthTech Companies in Ontario, Canada
The 82 best Cannabis HealthTech companies in Ontario, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Canopy Growth.
Ranked: Best Cannabis HealthTech companies in Ontario
| # | Company | Disclosed funding | Last round | Employees | Founded | Founder | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Canopy Growth Global cannabis company dedicated to improving lives through cannabis products | $4.8B | 29 mo ago | 170 | 2013 | Mark Zekulin Co-Founder | 77 patents Cannabinoid synthesis, water‑soluble formulations, vaporizer devices, and mildew‑resistant cannabis strains. | 2 expansions |
| 2 | Aphria Provider of cannabis-derived nutritional and wellness products | $536M | 86 mo ago | 300 | 2014 | Cole Cacciavillani Co-Founder | — | — |
| 3 | MediPharm Labs Manufacturer of pharma-quality cannabis API and cannabinoid-based derivative products | $160M | 58 mo ago | 130 | 2016 | David Pidduck Chief Executive Officer | — | 1 job opening |
| 4 | Tetra Bio-Pharma Developer of natural medicinal plant-based elements for treating multiple diseases | $38M | 39 mo ago | 33 | 2015 | Andre Audet Co-Founder | — | — |
| 5 | JWC Producer and supplier of cannabis products | $35M | 75 mo ago | 85 | 2008 | — | — | — |
| 6 | Dionymed Platform offering support services to cannabis cultivators | $31M | 81 mo ago | 5 | 2017 | Edward M. Fields CEO | — | — |
| 7 | Alternate Health Manufacturer and distributor of CBD-infused products for consumers | $24M | 76 mo ago | — | 2014 | Howard Mann Founder & CEO | — | — |
| 8 | Aleafia Health Cultivator and producer of cannabis plant for consumer wellness and research applications | $23M | 47 mo ago | 158 | 2007 | — | — | — |
| 9 | Nutritional High Provider of cannabis infused product development and distribution services | $18M | 71 mo ago | 10 | 2004 | — | — | — |
| 10 | Canada House Cannabis-focused marketplace | $15M | 71 mo ago | — | 2003 | — | — | — |
| 11 | Terrace Global Developer of recreational cannabis and medical cannabis products | $15M | 70 mo ago | — | 2018 | Francisco Ortiz Co-Founder | — | — |
| 12 | PharmHouse Developer of greenhouse cannabis cultivation facilities | $10M | 69 mo ago | 23 | 2018 | — | — | — |
| 13 | Verdemed Medical cannabis company | $7M | 87 mo ago | 14 | 2014 | — | — | — |
| 14 | Avicanna Developer of plant-derived cannabinoid-based products | $6M | 4 mo ago | 80 | 2016 | Aras Azadian Chief Executive Officer | 4 patents Cannabinoid oral and topical formulations for neurological disorders, epilepsy, and eczema | — |
| 15 | Canadian Cannabis Corp Manufacturer of medical marijuana products, including dried strains and chemical variants | $5M | 145 mo ago | 9 | 2014 | — | — | — |
| 16 | Canntab Therapeutics Provider of solid oral dose formulations of cannabis products | $5M | 52 mo ago | — | 2010 | Richard Goldstein Co-Founder | 24 patents Formulation technologies for oral cannabinoid dosage forms (immediate, sustained, multi‑layer). | — |
| 17 | Resolve Digital Health Developer of a smart inhaler | $5M | 83 mo ago | — | 2015 | Rob Adelson CEO | 28 patents Integrated inhalation/vaporization devices with digital health monitoring and data analytics | — |
| 18 | Predict Medix Inc AI-powered contactless screening solutions for workplace | $3M | 14 mo ago | 11 | 2018 | — | — | — |
| 19 | GrowerIQ Provider of seed-to-sale and cannabis cultivation management software | $2M | 45 mo ago | 30 | 2018 | Andrew Wilson Founder & CEO | — | — |
| 20 | Hempsana Provider of solution to process CBD oil form hemp plants | $1M | 63 mo ago | 5 | 2018 | Randy Ko Co-Founder & CEO | — | — |
| 21 | YOOMA Provider of digital marketing for multiple brands related to cannabis health products | $1M | 58 mo ago | 5 | 2019 | Andres Mcdonald Owner | — | — |
| 22 | Beleave Provider of cannabis products bridging science and tradition for investment | $1M | 96 mo ago | 18 | 2000 | Roger Emmanuel Ferreira Co-Founder | 8 patents Cannabinoid extraction, purification, and pharmaceutical formulation technologies. | — |
| 23 | Aion Therapeutic Provider and manufacturer of cannabis-based nutraceutical products for diverse diseases | $868K | 25 mo ago | — | 2011 | Graham Simmonds CEO | — | — |
| 24 | Zentrela Provider of device to measure the psychoactive effects of cannabis on the brain | $850K | 64 mo ago | 7 | 2015 | — | 3 patents EEG-based assessment of psychoactive drug effects for neuropharmacology and clinical monitoring | — |
| 25 | Lift Provider of online cannabis related information portal for consumers and retailers | $763K | 81 mo ago | 60 | 2013 | — | 5 patents Multifunction hydraulic valve assemblies for fluid power control systems | — |
| 26 | PlantEXT Developer of cannabis-based medical products targeting inflammation-related conditions and unmet needs | $500K | 83 mo ago | 10 | 2015 | Oded Sagee Founder | — | — |
| 27 | Ample Organics ERP software for cannabis industry | $445K | 80 mo ago | 44 | 2014 | — | — | — |
Top 12 Cannabis HealthTech companies in Ontario
#1
Public · Toronto, Ontario · founded 2016 · 80 employees$5.9Mraised▾
Developer of plant-derived cannabinoid-based products. The company develops advanced cannabinoid formulations and delivery mechanisms for medical applications and consumer products. It markets its cannabinoid-based solutions to a range of channels and markets including derma-cosmetics, phytotherapeutics, and pharmaceutical solutions.
- Feb 2026Post IPO$1.1M
- Jul 2025Post IPO$729.7K
- Nov 2024Post IPO$573.3K
- Aug 2024Post IPO$1.5M
#2
Public · Smiths Falls, Ontario · founded 2013 · 170 employees$4.8Braised▾
Global cannabis company dedicated to improving lives through cannabis products. Focused on unlocking the power of cannabis, the company offers high-quality products with best-in-class cannabinoid effects. Rooted in the belief that cannabis can enhance every moment, they are redefining experiences and demonstrating the true potential of this powerful plant. The company is committed to personal wellness, fostering economic opportunity, and striving towards social justice. They aim to serve as a new model for a transformational industry, building an organization made with intention and defined by purpose. The leadership team leverages extensive experience from various industries to innovate and create long-term value for consumers, employees, and shareholders.
- Jan 2024Post IPO$35M
- Feb 2023Post IPO—
- May 2020Post IPO$176.3M
- Aug 2018Post IPO$4B
#3
Public · Toronto, Ontario · founded 2018 · 11 employees$2.8Mraised▾
AI-powered contactless screening solutions for workplace. The company's products include Infectious disease screening, cannabis and alcohol impairment screening, and mobilewellbeing to measure body vitals of users.
- Apr 2025Post IPO$70K
- Mar 2025Post IPO$283.6K
- Feb 2025Post IPO$224.8K
- Feb 2023Post IPO$612.5K
#4
Public · Leamington, Ontario · founded 2014 · 300 employees$535.8Mraised▾
Provider of cannabis-derived nutritional and wellness products. The company offers CBD oil, tincture, gel capsules,pre-rolls, cartridges, flowers, and topicals. It helps in alleviating pain, anxiety, sleep disorders, PTSD, and addiction.
- Apr 2019Post IPO$300M
- Jul 2018Conventional Debt$25M
- Jun 2018Post IPO$173.6M
- May 2017Conventional Debt$25M
#5
Public · Barrie, Ontario · founded 2016 · 130 employees$159.8Mraised▾
Manufacturer of pharma-quality cannabis API and cannabinoid-based derivative products. The company formulates, tests, processes, packages, and distributes cannabis extracts. It offers wholesale and white label platforms from its certified facilities. The company utilizes extraction, distillation, and purification for cannabinoid isolation. It also conducts research and development for sensory testing of products.
- Aug 2021Grant (prize money)$239.2K
- Mar 2021Post IPO$33M
- Jun 2020Post IPO$28.2M
- Oct 2019Conventional Debt$38.7M
#6
Public · Ottawa, Ontario · founded 2015 · 33 employees$37.9Mraised▾
Developer of natural medicinal plant-based elements for treating multiple diseases. It engaged in the development of biopharmaceuticals and natural health products containing Cannabis and other medicinal plant-based elements. Its drug pipeline includes PPP001, a smokable bio-cannabis pharmaceutical for chronic pain, PPP002 to treat Insomnia, and PTSD in chronic pain patients, and PPP003 for chronic pain, PTSD, and other neurologic and psychiatric conditions. The company also develops natural health products for skin care, pain management, etc.
- Mar 2023Grant (prize money)—
- Aug 2022Post IPO—
- May 2022Post IPO$7.5M
- Jan 2021Post IPO$1.9M
#7
Acquired · Vaughan, Ontario · founded 2007 · 158 employees$22.8Mraised▾
Cultivator and producer of cannabis plants for consumer wellness and research applications. The company develops and manufactures medical cannabis products for patients to optimize their chronic health conditions. Their flagship brands include Emblem, which offers medically focused flavored cannabis flower, extracted oils, and more for the patients, Symbl, which gives a wide range of cannabis products for both medical and non-medical usage.
- Jun 2022Post IPO$5.6M
- Jul 2019Post IPO$34.3K
- 2019Post IPO$500K
- Dec 2018Post IPO$16.7M
#8
Acquired · Kitchener, Ontario · founded 2008 · 85 employees$35Mraised▾
Producer and supplier of cannabis products. It offers cannabis oils, dried cannabis flowers, and other medical cannabis products. The company claims to own and operate two aeroponic farms with its GrowthSTORM cultivation platform for its cultivation activities.
- Mar 2020Post IPO$880.3K
- Feb 2020Post IPO$500K
- Dec 2019Post IPO$7.6M
- Dec 2019Post IPO$7.5M
#9
Public · Toronto, Ontario · founded 2017 · 5 employees$30.9Mraised▾
Dionymed is a company providing support to the cultivators, manufacturers and brands of cannabis used in medical and recreational purposes. The company has developed a proprietary platform to provide support for the design, development, distribution, marketing of the cannabis to enable local cultivators to scale up the brand.
- Sep 2019Post IPO$1M
- Sep 2019Conventional Debt$3.2M
- Aug 2019Post IPO$2M
- May 2019Post IPO$7.8M
#10
Public · Toronto, Ontario · founded 2011$868.4Kraised▾
Provider and manufacturer of cannabis-based nutraceutical products for diverse diseases. The company has used AI technology to develop medical products based on mushrooms and cannabis for therapeutic purposes. The formulation has been made by combining cloud-based software and robotic technology. The nutritional supplements can be made based on an individual's genetic makeup as well. The company uses artificial intelligence to analyze patient genomic data to designed personalized products.
- May 2024Post IPO$550.6K
- Aug 2023Post IPO$317.9K
- Feb 2021Post IPO—
#11
Deadpooled · Toronto, Ontario · founded 2014$24.2Mraised▾
Alternate Health is a manufacturer and distributor of CBD infused products for consumers. The company involves in extraction, manufacturing, and development of hemp products lines like antifungal creams, tinctures, cosmetic products, topicals and more. It also develops a blockchain based software platform to optimize administrative workflow solutions like inventory supplies, payment transactions and more for hospitals and cannabis industries.
- Feb 2020Post IPO$3.2M
- Sep 2019Post IPO$700K
- Jul 2019Post IPO$1.3M
- Jan 2019Post IPO$9.1M
#12
Public · Toronto, Ontario · founded 2004 · 10 employees$17.9Mraised▾
Nutritional High is a licensed cannabis-infused product development, manufacturing and distribution company. The flagship brand of the company is FLI, which develops various edibles (chocolates), extracts(oils and shots), vapes, syringes, and more from the cold extraction process for consumers. They also offer an app to order their marijuana-infused products and earn rewards.
- Jul 2020Post IPO$1M
- Mar 2020Post IPO$524.4K
- Aug 2019Post IPO$1.4M
- Jul 2019Post IPO$456K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Cannabis HealthTech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.