B
Bhang
Bhang Chocolate is dedicated to crafting the finest gourmet chocolate, from high quality ingredients to ensure the greatest possible
About Bhang
Bhang is a consumer-packaged goods company operating in the cannabis sector, recognized for its extensive portfolio of cannabis, hemp-derived CBD, and terpene products. The company was founded in 2010 by Scott Van Rixel, a master chocolatier and European-certified chef de cuisine. The venture began after Van Rixel, who was already running a successful gourmet chocolate business, decided to merge his expertise in chocolate making with a growing interest in cannabis, leading to the creation of the first gourmet infused chocolate edible in California.
The company's business model is structured around three main pillars: royalty licensing, wholesale, and consumer packaged goods (CPG). Its longest-standing division is the royalty licensing program, where Bhang licenses its branding and proprietary formulas to state-licensed partners who then produce and distribute the products, paying a royalty fee in return. This model has facilitated partnerships with major players in various states, such as Trulieve in Florida and Origin House in California. The wholesale of raw hemp goods constitutes the second silo, allowing the company to maintain relationships with labs and farmers while monitoring market pricing. The third pillar is the direct sale of its CPG line, which includes a diverse range of products.
Bhang's product lineup has expanded significantly from its origins in chocolate to include over 100 distinct items. This award-winning portfolio now features edibles, tinctures, pre-rolls, vapes, and CBD products. The company targets a wide demographic, from first-time cannabis users to long-term medical patients, by developing brands and products tailored to different consumer needs and experiences. The product development strategy focuses on global flavor trends, macro trends like wellness, and tracking ingredient developments within the cannabis space. Bhang's chocolates have consistently won awards, including multiple High Times Cannabis Cups, establishing them as top-selling edibles in numerous U.S. states and Canada.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2010
- Headquarters
- Las Vegas, United States
- Employees
- 5
- Open positions
- None listed
- Dealroom signal
- 34.7/100
- Industry
- Health
- Sub-industry
- Pharmaceutical
- Sector
- Biotech & Life Sciences, Biotechnology, Cannabis, Biotech and Pharma, Hard Tech, DT and LS, science-based
- Business model
- Manufacturing
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Mar 2014 | $39M | $156M | Mentor Capital | — |
Growth signals
Latest recorded traffic for Bhang is 650 monthly website visits. Bhang's team declined 28.6% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
Mentor Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Bhang on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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