Caliva is a technology company.
Caliva has raised $75.0M across 1 funding round.
Caliva has raised $75.0M in total across 1 funding round.
Caliva has raised $75.0M in total across 1 funding round.
Caliva's investors include Amplo, Anti fund, Bond, BoxGroup, Great Oaks Venture Capital, Hersh Interactive Group, Liquid 2 Ventures, MaC Venture Capital, Rick Yang, SparkLabs Group, Visionaire Ventures, Carmelo Anthony (Melo7 Tech Partners).
# Caliva: A Cannabis Company, Not a Technology Company
Caliva is not a technology company—it is a cannabis cultivation, retail, and distribution business. Founded in 2015 and based in San Jose, California, Caliva operates as a vertically integrated cannabis company that grows, processes, and sells cannabis products directly to consumers and retailers.[1][3]
Caliva is a fully licensed cannabis dispensary and cultivation facility that offers cannabis flower, vape cartridges, edibles, prerolls, extracts, wellness items, beverages, and accessories.[1][3] The company serves cannabis consumers through retail dispensaries and provides products to retailers and distributors across California.[3]
The company's mission centers on delivering "natural, more sustainable wellness options that allow people to lead healthier, happier lives."[4] Caliva positions itself around plant-based solutions with an emphasis on quality, transparency, and positive energy in its operations.[4]
Caliva was founded in 2015 in San Jose, California, emerging during the early stages of California's legal cannabis market.[1][2] The company quickly established itself as a premier cannabis retailer, ranking as the #1 dispensary in San Jose by September 2016.[2] In November 2020, Caliva underwent a significant transition when it merged with TPCO Holding Corp., marking a pivotal moment in the company's evolution.[1]
The company raised a total of $75 million in funding, with investors including TPCO Holding Corp, Liquid 2 Ventures, Carol Bartz, Big Rock Partners, and Artemis Growth Partners.[1]
Caliva operates within the legal cannabis retail and cultivation sector, which has grown substantially since California legalized recreational cannabis in 2016. As a vertically integrated operator, Caliva represents the consolidation trend in cannabis—companies that control multiple supply chain stages gain competitive advantages in pricing, quality, and market access. The 2020 merger with TPCO Holding Corp reflected broader industry consolidation as larger cannabis companies acquired established regional players to expand their footprint.
Caliva's trajectory reflects the maturation of California's cannabis market, where established retailers with strong brand recognition and operational excellence command premium positions. The company's focus on quality, sustainability, and consumer wellness aligns with evolving consumer preferences toward premium cannabis products. As the cannabis industry continues to professionalize and consolidate, Caliva's vertically integrated model and emphasis on product quality position it to compete effectively in an increasingly crowded market.
Caliva has raised $75.0M across 1 funding round. Most recently, it raised $75.0M Series A in January 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2019 | $75.0M Series A | Amplo, Anti fund, Bond, BoxGroup, Great Oaks Venture Capital, Hersh Interactive Group, Liquid 2 Ventures, MaC Venture Capital, Rick Yang, SparkLabs Group, Visionaire Ventures, Carmelo Anthony (Melo7 Tech Partners), Erik Moore, Justin Mateen, Thomas Tull |