Nova Cannabis Competitors and Similar CompaniesClear all
Nova Cannabis's competitors and similar companies include TerrAscend and Motif Labs.
 TerrAscend TerrAscend is a company that provides products, brands, and services to the cannabinoid market. |  Motif Labs Motif Labs is a cannabis and hemp extraction company, offering toll processing and white labeling solutions to licensed producers. | ||
Founding Date | Founding Date 2018 | Founding Date 2017 | Founding Date 2017 |
Type | Type Subsidiary | Type Public | Type Private |
Tags | |||
Locations | Locations Edmonton, CA HQ Calgary, CA | Locations Mississauga, CA HQ | Locations Aylmer, CA HQ |
Employees | Employees 7196% increase | Employees 97231% increase | Employees 1017% decrease |
Financial | |||
Revenue (est.) | Revenue (est.) $259.3m (FY, 2023) | Revenue (est.) $278.9m (FY, 2025) | Revenue (est.) N/A |
Cost of goods | Cost of goods $197.7m (FY, 2023) | Cost of goods $144.1m (FY, 2025) | Cost of goods N/A |
Gross profit | Gross profit $61.6m (FY, 2023) | Gross profit $134.7m (FY, 2025) | Gross profit N/A |
Net income | Net income $3m (FY, 2023) | Net income ($81.3m) (FY, 2025) | Net income N/A |
Funding | |||
Total funding raised | Total funding raised N/A | Total funding raised $ 155.8m | Total funding raised $ 2.7m |
For sources of this data, please see the company profile
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TerrAscend
HQ
Mississauga, CA
Employees
972↑ 31% increase
TerrAscend is a company that provides products, brands, and services to the cannabinoid market.
View companyMotif Labs
HQ
Aylmer, CA
Employees
101↓ 7% decrease
Motif Labs is a cannabis and hemp extraction company, offering toll processing and white labeling solutions to licensed producers.
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