Best Cannabis HealthTech Companies in Toronto, Canada
The 43 best Cannabis HealthTech companies in Toronto, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Dionymed.
Ranked: Best Cannabis HealthTech companies in Toronto
| # | Company | Last round | Disclosed funding | Employees | Founder | Stage | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | 1922 Cannabis Retail Provider of cannabis products and same-day delivery services | — | — | — | Brooke Silversides Co-Founder | Unfunded | Cart FunctionalityWooCommerceWordPress+23 | — |
| 2 | Ace Valley Provider of an E-commerce platform for cannabis products | — | — | 14 | — | Acquired | — | — |
| 3 | Business of Cannabis Online platform publishing content focusing on cannabis | — | — | 2 | — | Unfunded | WordPressMySQLPHP+44 | — |
| 4 | Canna-Pharma Investment company focusing on medical cannabis and psychedelics industry assets | — | — | — | Kemal Akkaya Partner | Unfunded | — | — |
| 5 | Cannalogue Online pharmacy for medical and recreational cannabis products | — | — | — | Andrew Lu Co-Founder | Unfunded | Node.jsMUIAmazon Web Services+21 | — |
| 6 | CannBioRex Pharmaceuticals Operator of pharmaceutical | — | — | — | Marc Feldmann Co-Founder & CEO | Acquired | — | — |
| 7 | Cannenta Clinic Provides online consultation for patients and medical professionals | — | — | — | Gordon Simmons Co-Founder | Deadpooled | — | — |
| 8 | CannMartMD Provider of a teleconsultation platform for cannabis medicines | — | — | — | Meni Morim CEO | Deadpooled | — | — |
Top 12 Cannabis HealthTech companies in Toronto
#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 · 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
#3
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
#4
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
#5
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
#6
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—
#7
Acquired · Toronto, Ontario · founded 2018$15Mraised▾
Terrace Global is a developer of recreational cannabis and medical cannabis products. It has focused on the development and acquisition of international cannabis assets.
- Aug 2020Post IPO$15M
#8
Seed · Toronto, Ontario · founded 2018 · 30 employees$2.3Mraised▾
Provider of seed-to-sale and cannabis cultivation management software. GrowerIQ is a cannabis management software that helps Licensed Producers boost traceability, lower operating costs, stay compliant, and improve overall product quality management.
- Sep 2022Seed$2.3M
#9
Series A · Toronto, Ontario · founded 2014 · 14 employees$6.7Mraised▾
Medical cannabis company
- Mar 2019Conventional Debt$6M
- Mar 2019Series A$6M
- 2018Seed$650K
#10
Series A · Toronto, Ontario · founded 2015$5Mraised▾
Resolve Digital Health has developed a smart inhaler for wellness markets. The connected device is used for vaping in a controlled dosage. The dosage is tracked using a companion app for recording the inhaled data that can be shared. The company has also developed a sleep monitoring device, biometric chest strap, and wrist strap.
- Jul 2019Series A$38.3K
- Mar 2017Series A$5M
#11
Series A · Toronto, Ontario · founded 2014 · 9 employees$5.4Mraised▾
Manufacturer of medical marijuana products, including dried strains and chemical variants. The company cultivates, markets, and manufactures products for medicinal use. It focuses on offering different strains of dried marijuana. The company also produces constituents necessary to produce edible and elixir products. It is focused on producing chemical variants of products tailored to treatment protocols.
- May 2014Series A$5.4M
#12
Public · Toronto, Ontario · founded 2018 · 5 employees$1.3Mraised▾
HempSana provides solutions to process CBD oil extracts from the hemp plants. The company develops an operating model for the cultivators and producers to derive the CBD oil which helps in optimizing the neurological disorders by the endocannabinoid compounds present in it. It also offers a co-pay program for farmers to manage their production and financial solutions.
- Mar 2021Seed$834.1K
- Jul 2019Seed$480K
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.