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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 Venture round Total: $50.00M Manufacturing, Retail

General Information

Company Name C3 Industries
Founded Year 2018
Location United States Ann Arbor, United States
Employees 293
Industries Manufacturing, Retail
Funding Stage Venture round
Social

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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.

Business keywords: 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 $25.00M 3
Navy Capital, Welcan Capital +1
16 Jul 2021
Venture Round $25.00M 1
Madison Square Park Capital
04 Nov 2019

C3 Industries Alternatives & Competitors

C3 Industries vs

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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 Manufacturing and Retail. Its work centres on Cannabis Industry, MSO, Multi-state Operator and Vertically-integrated.
C3 Industries has approximately 293 employees.
C3 Industries has completed 2 funding rounds, raising a total of $50.00M. The latest funding stage is Venture round.
Top alternatives and competitors to C3 Industries include Entertainment Retail Enterprises, LLC. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
C3 Industries and Entertainment Retail Enterprises, LLC 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.

Source: BounceWatch company record for C3 Industries, https://bouncewatch.com/company/c3-industries, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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