Solar Cannabis Co.
Impact-focused multi-state operator: energy production, capital efficiency, automation, microgrid, solar arrays, CHP, sustainability
About Solar Cannabis Co.
Headquartered in Somerset, Massachusetts, Solar Cannabis Co. is an impact-focused emerging multi-state operator that embodies the spirit of Bay State innovation. At Solar’s core is the ability to generate clean energy at reduced costs via a microgrid that includes solar arrays and high-efficiency cogeneration units. Solar’s flagship facility, a state-of-the-art ~70,000-square-foot marijuana manufacturing plant produces and delivers premium cannabis products to consumers while actively minimizing its carbon footprint. The facility operates in “island mode,” independent of the traditional power grid, and can produce more power than it consumes. As the company grew its retail presence, it initially focused on the South Coast region before expanding into neighboring Rhode Island. Today, Solar proudly employs around 200 individuals, all drawn from local communities, reinforcing its commitment to regional growth and sustainability.
Company Facts
- Headquarters
- Somerset
- Operating Status
- active
- Company Type
- for_profit
- IPO Status
- private
- Employees
- c_00101_00250
- Funding Stage
- private_equity
- Total Funding
- $35,500,000
- Last Funding Type
- convertible_note
- Last Funding Date
- 2025-01-10
- Website
- solarthera.com
Industries & Categories
Cannabis, Energy Management, Health Care, Industrial, Industrial Automation, Internet of Things, Professional Services, Property Management, Renewable Energy, Retail
Social Links
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