E
Elevate CBD
Manufacturing high-quality CBD products in the U.S. for both humans and pets
About Elevate CBD
Elevate operates in the direct-to-consumer cannabis market, focusing on hemp-derived products. The company was established by a group of individuals with a collective 25 years of experience in the cannabis industry, aiming to provide high-quality hemp products. It positions itself as a distributor of Delta-8 and CBD in the United States, sourcing its hemp from authorized farms in Colorado and Pennsylvania. The business model centers on e-commerce, selling directly to consumers through its website, with a value proposition that includes competitive pricing, a 30-day money-back guarantee, and free shipping on orders over a certain value.
The company's product portfolio is extensive, catering to a wide range of consumer needs for both recreational and medicinal purposes. Offerings include CBD and various THC derivatives like Delta 8 and Delta 9. The product forms are diverse, featuring gummies, tinctures (oils), vape cartridges, disposable vapes, and flowers. Elevate emphasizes the quality of its products, which are made from 100% natural, plant-based ingredients and undergo third-party lab testing to ensure potency and purity. Their product line extends to items such as full-spectrum CBD gummies, CBD+THC blended gummies, and live resin carts. All products are compliant with the Federal Farm Bill, containing less than 0.3% THC.
A distinct entity, Elevate CBD Cosmetics, was founded in Los Angeles in 2015 by Janice Hardoon. With over a decade of experience in the cannabis sector starting in 2008, Hardoon identified a gap in the market for quality CBD-infused skincare. This venture was born from her personal quest to find effective skincare to address sun damage. The cosmetics line, which began with a CBD Collagen Face Mask in 2018, manufactures a range of products including serums, creams, and men's skincare, all containing CBD. The brand operates on the principle of combining natural ingredients with CBD to enhance skincare effectiveness.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- Telford, United States
- Open positions
- None listed
- Dealroom signal
- 22.3/100
- Industry
- Health
- Sub-industry
- Pharmaceutical
- Sector
- Biotech & Life Sciences, Biotechnology, Cannabis, Biotech and Pharma, Medicinal Cannabis, Hard Tech, DT and LS, science-based
- Client focus
- B2C
Knowledge graph
News
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Apr 2023 | $16M | $62M | Undisclosed | ↗ |
| EARLY VC✓Equity / VC | Mar 2022 | $10M | $42M | Undisclosed | ↗ |
Growth signals
Latest recorded traffic for Elevate CBD is 1.4K monthly website visits, down 48.1% over the last three months.
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Investments and acquisitions
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Elevate CBD in the Telford ecosystem
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Global footprint
Market sentiment
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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