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Trees - About the company

Trees is a public company based in Toronto (Canada), founded in 2018. It operates as a Retail of diversified cannabis products. Trees has raised an undisclosed amount in funding. The company has 165 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
Toronto, Canada
Stage
Public
Latest Funding Round
Ranked
Employee Count
9 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Trees's IPO details

Trees got listed on Jan 04, 2022.
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Trees's funding and investors

Trees has raised funding over 2 rounds. Its first funding round was on May 09, 2022.

Here is the list of recent funding rounds of Trees:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 21, 2022
7207160
Post IPO
9991615
3542071
5302839
3413479
May 09, 2022
4402082
Post IPO
1255714
2085872
6992108
6900359
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Trees' founders and board of directors

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Trees' employee count trend

Trees has 9 employees as of Sep 26. Here is Trees's employee count trend over the years:
Employee count trend for Trees
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Trees's Competitors and alternates

Top competitors of Trees include Auxly, High Tide and TerrAscend. Here is the list of Top 10 competitors of Trees, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Auxly
Auxly
1987, Toronto (Canada), Public
Provider of platform to manage cannabis manufacturing operations in industries
$132M
71/100
2nd
Logo for High Tide
High Tide
2009, Calgary (Canada), Public
Manufacturer of cannabis products
$18.4M
58/100
3rd
Logo for TerrAscend
TerrAscend
2017, Mississauga (Canada), Public
Retailer of cannabis dispensaries and medical products
-
54/100
4th
Logo for Green Tank Technologies
Green Tank Technologies
2015, Toronto (Canada), Series B
Private label brand of vape products
$38.5M
52/100
5th
Logo for SQDC
SQDC
2018, Montreal (Canada), Unfunded
Provider of cannabis and cannabis-related products
-
-
43/100
6th
Logo for HEXO
HEXO
2013, Gatineau (Canada), Acquired
Brand of cannabis based products
-
39/100
7th
Logo for Neptune Wellness
Neptune Wellness
1998, Laval (Canada), Public
Manufacturer of cannabis products and retail services
-
-
35/100
8th
Logo for Alberta Cannabis
Alberta Cannabis
2017, St. Albert (Canada), Unfunded
Retailer of cannabis products
-
-
32/100
9th
Logo for Sessions Cannabis
Sessions Cannabis
2019, Toronto (Canada), Acquired
Retail chain of cannabis products
-
-
30/100
10th
Logo for NOVA Cannabis
NOVA Cannabis
2018, Edmonton (Canada), Acquired
Retailer of diversified cannabis products
-
30/100
12th
Logo for Trees
Trees
2018, Toronto (Canada), Public
Retail of diversified cannabis products
-
-
29/100
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Trees's Investments and acquisitions

Trees has acquired 2 companies including Camp Cannabis and Miraculo. Trees has not made any investments as of now.

Reports related to Trees

Here is the latest report on Trees's sector:

News related to Trees

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FAQs about Trees

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