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Caliva operates in the cannabis industry with vertical integration, controlling cultivation, processing, and retail. The company grows cannabis and sells it through its own San Jose dispensary and an online store, ensuring product quality through in-house testing at Caliva Labs. It serves consumers as well as retailers and distributors by providing a steady, well-priced supply of cannabis products. Caliva differentiates itself through its direct-to-consumer and business partnerships enabled by its control over the full value chain, which helps maintain quality and consistent availability. The company’s goal is to guide customers to the right products to meet their needs, and to improve well-being through reliable, high-quality cannabis products and strong customer service.
Industries
Healthcare
Consumer Goods
Company Size
51-200
Company Stage
Early VC
Total Funding
$75M
Headquarters
San Jose, California
Founded
2015
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Total Funding
$75M
Above
Industry Average
Funded Over
1 Rounds
Former San Francisco 49ers quarterback Joe Montana has invested in Caliva, a San Jose-based cannabis dispensary and delivery service, as part of a $75 million funding round. Former Yahoo CEO Carol Bartz also participated and will join the company's board of directors. Caliva provides delivery across the Bay Area and sells its own brand of cannabis products, including marijuana buds, vape pens and edibles. Montana said he hopes the company will provide "quality health and wellness products that can provide relief to many people and can make a serious impact on opioid use or addiction." This marks Montana's second cannabis industry investment, following a $4.1 million stake in marijuana media company Herb in 2017. The NFL Hall of Famer won four Super Bowls with the 49ers.
Lesser-known companies, including Beta, Caliva, and Pineapple Express, launched their own iPhone apps in the following weeks.
Caliva released its Caliva Pax Era Vapes, offering consumers trusted vape products in accessible Pax Era devices.
Caliva recently merged into The Parent Company, which is now the largest vertically integrated cannabis operation in California, and completed its public offering on Jan. 15.
In January of 2019, Saltwater Capital directly invested in Caliva, a premier cannabis dispensary and cultivation facility located in the San Francisco Bay Area.
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Industries
Healthcare
Consumer Goods
Company Size
51-200
Company Stage
Early VC
Total Funding
$75M
Headquarters
San Jose, California
Founded
2015
Find jobs on Simplify and start your career today