Cann Social Tonics - About the company
Cann Social Tonics is a series A company based in Los Angeles (United States), founded in 2018 by Luke Anderson and Jake Bullock. It operates as a Brand of cannabis-infused soft drinks. Cann Social Tonics has raised $34.7M in funding from investors like Imaginary, JM10 Partners and InvestBev. The company has 97 active competitors, including 11 funded and 9 that have exited. Its top competitors include companies like Nevis Brands, Gelato and Planet Based Foods.
Company Details
- Website
- drinkcann.com
Key Metrics
Founded Year
2018
Location
Los Angeles, United States
Stage
Series A
Total Funding
$34.7M in 4 rounds
Latest Funding Round
Ranked
1st among 97 active competitors
Employee Count
71 as on Sep 30, 2026
Investment & Acquisitions
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Cann Social Tonics's funding and investors
Cann Social Tonics has raised a total funding of $34.7M over 4 rounds. Its first funding round was on Jan 21, 2020. Its latest funding round was a Series A round on Sep 01, 2022 for $*****. 1 investor participated in its latest round. Cann Social Tonics has 16 institutional investors and 10 angel investors.
Here is the list of recent funding rounds of Cann Social Tonics:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 01, 2022 | 9589222 | Series A | 5795263 | 8653323 | 9111456 | 6599221 |
Feb 16, 2022 | 8689519 | Series A | 3442411 | 1122314 | 4523008 | |
Oct 30, 2020 | 8202617 | Angel | 5795353 | 9019056 | 3597020 |
View details of Cann Social Tonics's funding rounds and investors
Cann Social Tonics' founders and board of directors
Founder? Claim ProfileThe founders of Cann Social Tonics are Luke Anderson and Jake Bullock.
Here are the details of Cann Social Tonics' key team members:
- Luke Anderson: Co-Founder of Cann Social Tonics. Contact Info: 1 email address
- Jake Bullock: Co-Founder of Cann Social Tonics. Contact Info: 1 email address
View details of Cann Social Tonics's Founder profiles and Board Members
Cann Social Tonics' employee count trend
Cann Social Tonics has 71 employees as of Sep 26. Here is Cann Social Tonics's employee count trend over the years:
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Cann Social Tonics's Competitors and alternates
Top competitors of Cann Social Tonics include Nevis Brands, Gelato and Planet Based Foods. Here is the list of Top 10 competitors of Cann Social Tonics, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cann Social Tonics 2018, Los Angeles (United States), Series A | Brand of cannabis-infused soft drinks | $34.7M | 52/100 | |
2nd | Nevis Brands 2022, Seattle (United States), Public | Leading provider of cannabis beverage products with a presence in multiple markets | - | - | 36/100 |
3rd | Gelato 2023, Chula Vista (United States), Unfunded | Provider of cannabis-infused chocolates, flowers, concentrates, vapes, and more | - | - | 35/100 |
4th | Planet Based Foods 2017, San Diego (United States), Public | Platform offering planet-based meat substitute food products | $270K | 33/100 | |
5th | Lehua 2015, King City (United States), Unfunded | Brand of cannabis beverages | - | - | 33/100 |
6th | Cloud Water 2017, Los Angeles (United States), Series A | Retailer of sparkling beverages with vitamins, energy, and hemp extracts | $7.7M | 32/100 | |
7th | K-Zen Beverages 2019, Burlingame (United States), Seed | Brand of cannabis infused beverages | $5M | 29/100 | |
8th | Tinley Beverage 2005, Los Angeles (United States), Public | Brand of elixirs & tonics | - | 29/100 | |
9th | Stay Cool 2017, Austin (United States), Unfunded | Internet first brand of CBD drinks | - | - | 28/100 |
10th | ![]() Free Libations 2013, Key West (United States), Unfunded | Provider of hemp-derived THC, CBD, and full spectrum spirit enhancements | - | - | 28/100 |
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Cann Social Tonics's Investments and acquisitions
Cann Social Tonics has acquired Sweet Reason. Cann Social Tonics has not made any investments as of now.Reports related to Cann Social Tonics
Here is the latest report on Cann Social Tonics's sector:
News related to Cann Social Tonics
Media has covered Cann Social Tonics for a total of 3 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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Cann Partners with Dwyane Wade to Launch Golf-Inspired Half & Half Flavor CollectionBusiness Wire•Aug 04, 2026•Cann Social Tonics, Wade Company
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Cannabis beverage company Cann raises $27m in Series A roundFoodBev Media•Aug 01, 2026•Cann Social Tonics
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Cann’s Social Tonics Hit More Texas Shelves: Spec’s Wine, Spirits & Finer Foods To Carry Full Product AssortmentBusiness Wire•Feb 18, 2026•Cann Social Tonics
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Cann Hires Veteran Beverage Executive, Jeff Chassner, as New VP of SalesBusiness Wire•Jun 24, 2025•Cann Social Tonics
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Cann Builds Media Partnership With Barstool Sports Just in Time for SummerBevNET.com•Apr 19, 2024•Cann Social Tonics, Barstool Sports
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Cann Appoints Nick Fasano As Chief Revenue Officer And Travis Tharp As Chief Operating OfficerBevNET.com•Mar 06, 2024•Cann Social Tonics, Eaze
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Cann Acquires Sweet Reason, Targeting Mainstream Alcohol Alternative SpaceBevNET.com•Sep 27, 2022•Cann Social Tonics, Sweet Reason
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InvestBev Fund III Invests in Cann Social Tonic BeveragePRWeb•Aug 31, 2022•InvestBev, Cann Social Tonics
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Ohi Partners with Beverage Makers Cann and Magic Mind to Offer Ultrafast Local Delivery to Their Customers in Major US Metro AreasBusiness Wire•Feb 23, 2022•Ohi, Cann Social Tonics, Koko Dairy Free, Magic Mind
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