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Bhang

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Bhang Chocolate is dedicated to crafting the finest gourmet chocolate, from high quality ingredients to ensure the greatest possible

Las Vegas, United StatesFounded 2010Biotech & Life Sciences
Valuation $100–250M Last recorded · 2014
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Bhang and the history behind them.

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 data

At 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

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Mar 2014 $39M $156M Mentor Capital —
Showing the latest 1 of 1 recorded eventsBook a demo for the full funding history →

Growth signals

Bhang website traffic

Latest recorded traffic for Bhang is 650 monthly website visits. Bhang's team declined 28.6% over the past year.

Latest monthly visits650 1-year team growth-28.6%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

1 investor on the cap table

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
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇨🇦 Canada33.3%
🇺🇸 United States33.3%
🇵🇹 Portugal33.3%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Bhang on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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