C3 Industries logo — A different kind of multi-state operator started by legacy c...

C3 Industries

A different kind of multi-state operator started by legacy cannabis industry players.

Founded 2018 United States Ann Arbor, United States 293 employees Series Unknown Total: $50.00M Manufacturing, Retail

General Information

Company Name C3 Industries
Founded Year 2018
Location United States Ann Arbor, United States +2
Employees 293
Industries Manufacturing, Retail
Funding Stage Series Unknown
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About C3 Industries

C3 Industries is a privately-owned, vertically-integrated, multi-state cannabis company founded in 2018. Operating in 5 states in the US, the company stands out as a different kind of multi-state operator (MSO) started by legacy cannabis industry players. Unlike most other MSOs, C3 has grown organically and initiated operations in competitive, open markets such as Michigan, Missouri, and Massachusetts. With a focus on cultivating, manufacturing, and retailing high-quality cannabis products, the company prioritizes customer service and value in its business plan from the outset. The founders, brothers Ankur and Vishal Rungta, and their long-time friend and partner Joel Ruggiero, established C3 with a mission to create a premium cannabis brand, Cloud Cover, and retail experience, High Profile, catering to discerning consumers. Notably, the company secured a $25.00M Venture Round investment on 16 July 2021 from Navy Capital, Welcan Capital, and Madison Square Park Capital, affirming its growth and potential. Amidst the burgeoning cannabis industry, C3 Industries continues to emerge as a dynamic player with a distinct approach and strong investor support.

Taxonomy: Cannabis Industry, MSO, Multi-state Operator, Vertically-integrated, Cannabis Cultivation, Cannabis Manufacturing, Retail Experience, Premium Cannabis Brand, Cannabis Products, Recreational Cannabis, Medical Cannabis, Retail Locations, Cannabis Branding, Cannabis Enthusiasts

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 3
Investor Investor
•••• ••••
16 Jul 2021
Venture Round •••••• 1 •••• •••• 04 Nov 2019

C3 Industries Alternatives & Competitors

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Also compare with: C3 Industries vs 4Front Ventures 4Front Ventures

FAQ About C3 Industries

A different kind of multi-state operator started by legacy cannabis industry players.
C3 Industries was founded in 2018.
C3 Industries is headquartered in Ann Arbor, United States.
C3 Industries operates in the following industries: Manufacturing, Retail.
C3 Industries has approximately 293 employees.
C3 Industries has completed 2 funding rounds, raising a total of $50.00M. The latest funding stage is Series Unknown.
Top alternatives and competitors to C3 Industries include Driven by Stem, Deep Roots Harvest, Plena Global Holdings, 4Front Ventures, Medusa. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
C3 Industries and Driven by Stem are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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