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NewTropic logo — Raising the Bar for Cannabis Manufacturing

NewTropic

Raising the Bar for Cannabis Manufacturing

Founded 2016 United States Santa Rosa, United States 16 employees Debt Financing Total: $10.25M Manufacturing

General Information

Company Name NewTropic
Founded Year 2016
Location United States Santa Rosa, United States
Employees 16
Industries Manufacturing
Funding Stage Debt Financing
Social

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About NewTropic

NewTropic is a manufacturing startup based in the United States, established in 2017. The company's primary focus is on revolutionizing the cannabis industry by providing professional-grade cannabis supply chain solutions to California brands, cultivators, manufacturers, and distributors. Their service offerings encompass sourcing and processing, extraction and refinement, manufacturing and infusion, packaging, testing, shipping, and logistics, aiming to elevate the industry standards. With a slogan "Raising the Bar for Cannabis Manufacturing," NewTropic emphasizes their commitment to raising the standards in the cannabis sector through their innovative approach. The company's recent funding of $250.00K in Debt Financing on 29 August 2019 signals investor interest in their unique value proposition. The presence of NT Ventures, Inc. as the licensing body further adds to the company's credibility. This recent injection of investment undoubtedly positions NewTropic to further solidify its foothold in the cannabis manufacturing space, as it continues to expand its reach and offer high-quality supply chain solutions to its clients.

Business keywords: cannabis manufacturing, supply chain solutions, California brands, cultivators, manufacturers, distributors, sourcing, processing, extraction, refinement, infusion, packaging, testing, shipping

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $250.00K -
29 Aug 2019
Seed Round $10.00M 1
Big Rock
01 Jan 2019

NewTropic Alternatives & Competitors

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NewTropic vs
Lompostran
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Radiant Canna
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FAQ About NewTropic

Raising the Bar for Cannabis Manufacturing
NewTropic was founded in 2016.
NewTropic is headquartered in Santa Rosa, United States.
NewTropic operates in Manufacturing. Its work centres on cannabis manufacturing, supply chain solutions, California brands and cultivators.
NewTropic has approximately 16 employees.
NewTropic has completed 2 funding rounds, raising a total of $10.25M. The latest funding stage is Debt Financing.
Top alternatives and competitors to NewTropic include Lompostran, Radiant Canna, Sunshine Enclosures, STM Canna, ZAG International . These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
NewTropic and Lompostran 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 NewTropic, https://bouncewatch.com/company/newtropic, updated 31 December 2024. When citing, please name BounceWatch and link this page.

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