Simply Solventless Concentrates Limited

Founded in 2020 in Calgary, Canada, Solventless Concentrates Ltd. focuses on producing cannabis concentrates for the recreational market. The company has completed 1 deal, with the most recent deal occurring on January 28, 2025. The firm was established by individuals with expertise in the cannabis industry, enhancing its operational foundations.

Simply Solventless generates revenue primarily through direct sales of its cannabis products to retailers and consumers within the Canadian recreational market. The business model includes partnerships with various retail establishments, enabling the firm to reach a larger audience while also facilitating B2B transactions. Revenue streams are bolstered by a combination of flagship products, including their renowned line of concentrates, which are positioned to attract both casual users and dedicated cannabis aficionados. The company engages in standard sales transactions where clients purchase products at set pricing determined by product type and market demand, resulting in consistent revenue generation as they expand their presence and product offerings within the sector.

In January 2025, Solventless Concentrates Ltd. raised USD 5 mn in private placement, selling 5,000 shares at USD 1,000 a piece at the TSX Venture Exchange. The raised capital will be utilized to support the launch of new cannabis products, with plans to introduce these offerings by mid-2025. Additionally, the company is targeting expansion into new geographic regions, including the Ontario and British Columbia markets, by the end of 2025.

These initiatives aim to broaden the company's footprint in the Canadian cannabis landscape and enhance its product variety.