Hemper is a cannabis accessories and lifestyle brand that designs and produces products for consumers and industry partners. The company’s offerings include limited-run boxes—often celebrity-designed and curated with original artwork—that have become collectors’ items, and in-house designed smoking accessories. Hemper sells through its online store and is carried in more than 1,000 retail stores nationwide. It now has in excess of 10,000 monthly subscribers and has shipped more than 250,000 boxes to date. Launched in 2015 by CEO Bryan Gerber, CFO Ravjot (RJ) Bhasin and COO Henry Kochhar, the company also works with industry partners on product design and manufacturing. Following a $1M seed round this past summer, Hemper closed a $10M Series A and intends to use the funds to develop a new platform, expand into new geographic markets and accelerate sales, marketing and product development. Hemper is a diversified cannabis accessories and lifestyle brand launched in 2015 that began as a curator of monthly, limited-run cannabis accessory boxes. The company designs and manufactures its own smoking products and sells them through its online platform and more than 700 stores nationwide. It has nearly 10,000 monthly subscribers and has shipped more than 200,000 boxes to date. Led by CEO Bryan Gerber, CFO Ravjot (RJ) Bhasin and COO Henry Kochhar, Hemper plans to use new capital to accelerate sales, marketing and product development. The company also plans to expand into new geographic markets and expects retail distribution to reach 3,000 stores by the end of 2019. Hemper raised $1M in seed funding from Evolution Corporate Advisors, whose Gregg Smith has joined the Hemper board.

Total raised

$11M

Funding rounds

2

Latest round

Series A

Latest activity

Dec 2018