- Business
- CannAmerica Brands Corp. (CNNXF) owns and licenses a portfolio of brands offering medical and recreational cannabis products, primarily building and maximizing brand value through promotion, marketing, and licensing via distribution channels including dispensaries, wholesalers, and distributors. The company offers cannabis-infused gummy products, disposable vape pens, distillate droppers, shatter, and wax concentrates under the CannAmerica brand; it previously launched genome-focused and strain-specific edibles in Colorado. Founded in 2017 and headquartered at 595 Howe Street, 10th Floor, Vancouver, British Columbia, Canada V6C 2T5, CannAmerica operates licensing agreements in the states of Colorado, Nevada, Oklahoma, Massachusetts, and Maryland, as well as Canada. Recent developments include resuming distribution in Colorado through licensee Arsenal Oils and Extracts in December 2020 with a new facility for edibles production to fulfill dispensary pre-orders; entering long-term licensing agreements such as with Canna Provisions for Massachusetts distribution in October 2019, Swiss Lux Products for Canada in August 2019, and Total Herbal Care for Oklahoma in July 2019; and launching a CannAmerica Clothing e-commerce division in January 2020 for branded apparel and merchandise. The company targets the specialty cannabis sector within healthcare, serving adult-use and medical consumers through strategic licensees and focusing on U.S. and international market expansion without noted subsidiaries or parent relationships.