When was NOVA Cannabis founded?

NOVA Cannabis was founded in 2018.

Where is NOVA Cannabis located?

NOVA Cannabis is headquartered in Edmonton, Canada.

How many employees does NOVA Cannabis have?

As of Aug 31, 2026, the latest employee count at NOVA Cannabis is 71.

Where does NOVA Cannabis rank among its competitors?

NOVA Cannabis ranks 10th amongst 164 active competitors, of which 3 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was TerrAscend, which secured $21.8M in Jun, 2026.

Who are the top competitors of NOVA Cannabis?

NOVA Cannabis' top competitors include Auxly, High Tide and TerrAscend. Among them, TerrAscend secured the most recent funding round in June, 2026.

NOVA Cannabis - 2026 Company Profile, Funding & Competitors

NOVA Cannabis is an acquired company based in Edmonton (Canada), founded in 2018. It operates as a Retailer of diversified cannabis products. The company has 164 active competitors, including 3 funded and 18 that have exited. Its top competitors include companies like Auxly, High Tide and TerrAscend.

Key Metrics

Founded Year

2018

Location

Edmonton, Canada

Stage

Acquired

Investors

Green Acre Capital

Ranked

10^th among 164 active competitors

Employee Count

71 as on Aug 31, 2026

Similar Companies

Auxly & 1958 more

Exit Details

Acquired by SNDL (Oct 21, 2024)

View NOVA Cannabis' full profile

NOVA Cannabis got acquired by SNDL on Oct 21, 2024.

Click here to take a look at NOVA Cannabis's acquisition in detail

NOVA Cannabis is a funded company. NOVA Cannabis has 1 institutional investor.

View details of NOVA Cannabis's funding rounds and investors

NOVA Cannabis' employee count trend

NOVA Cannabis has 71 employees as of Aug 26. Here is NOVA Cannabis's employee count trend over the years:

Uncover NOVA Cannabis' growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of NOVA Cannabis include Auxly, High Tide and TerrAscend. Here is the list of Top 10 competitors of NOVA Cannabis, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Auxly 1987, Toronto (Canada), Public	Provider of platform to manage cannabis manufacturing operations in industries	$132M	Vermögensclub, Nesta & 1 others	70/100
2nd	High Tide 2009, Calgary (Canada), Public	Manufacturer of cannabis products	$18.4M	Aurora Cannabis, Aphria & 1 others	55/100
3rd	TerrAscend 2017, Mississauga (Canada), Public	Retailer of cannabis dispensaries and medical products	-	Entourage Effect Capital, Phyto Partners & 4 others	53/100
4th	Green Tank Technologies 2015, Toronto (Canada), Series B	Private label brand of vape products	$38.5M	Casa Verde Capital, Green Acre Capital & 4 others	49/100
5th	HEXO 2013, Gatineau (Canada), Acquired	Brand of cannabis based products	-	Tilray	42/100
6th	SQDC 2018, Montreal (Canada), Unfunded	Provider of cannabis and cannabis-related products	-	-	39/100
7th	Neptune Wellness 1998, Laval (Canada), Public	Manufacturer of cannabis products and retail services	-	-	37/100
8th	Simply Solventless 2020, Calgary (Canada), Public	Retailer of CBD concentrates	-	Example Company	29/100
9th	Trees 2018, Toronto (Canada), Public	Retail of diversified cannabis products	-	-	29/100
10th	NOVA Cannabis 2018, Edmonton (Canada), Acquired	Retailer of diversified cannabis products	-	Green Acre Capital	27/100