
Cannara’s Strategic Ascent to the Top of Canada’s Cannabis Industry
Market Challenge
As Canada’s cannabis market matured, many companies raced to scale, often without a clear operational foundation. The result was a trail of bankruptcies and missed opportunities. Cannara sought to take a different route—one built on deliberate execution, consumer-driven product development, and tight operational control. The Results? A masterclass in cannabis success.
Strategic Solution
From day one, Cannara integrated 365 Cannabis into its operations, ensuring alignment between the company’s processes and its ambitious growth plans. Unlike competitors who bolted on systems post-launch, Cannara grew with its ERP, customizing and configuring it to reflect real-time learnings from its cultivation and production workflows.
“We eat, live, and breathe in ERP. Every day we keep improving our systems to be more efficient.”
Nicholas Sosiak, CFO
Incredible Results
Explosive Growth
Cannara Biotech has experienced explosive growth by developing three original in-house brands—Tribal, Nugz, and Orchid CBD—which have scaled from zero to over $100 million in revenue. With disciplined execution and a strong market presence, the company is on track to reach $300 million in the near future.
Operational Excellence
Operationally, Cannara made a strategic acquisition of a $250 million hybrid grow facility during a market downturn for just $27 million. This state-of-the-art facility now operates at roughly 40% capacity, with 10 of 24 rooms in production and plans to scale to full capacity, producing nearly 100,000 kilograms annually.
ERP-Driven Efficiency
The company’s ERP-driven efficiency is a standout differentiator. By integrating 365 Cannabis from the beginning, Cannara is able to track every stage of the product lifecycle, ensuring precise costing and profitability analysis. This seamless data flow—from cultivation through to customer delivery—enables agile responses to shifting market conditions and internal performance metrics.
Strategic Discipline
Perhaps most notably, Cannara’s strategic discipline sets it apart. The company steadfastly refuses to sacrifice product quality or rush production for short-term gains. Every gram sold is cultivated in-house, with no outsourcing or backfilling of orders.
The Road Ahead
Looking ahead, Cannara Biotech is focused on becoming the number one cannabis company in Canada, with a goal of reaching $250 million to $300 million in revenue while maintaining healthy margins of 40% or more. To support this growth, the company plans to fully maximize the capacity of its flagship cultivation facility. Beyond domestic expansion, Cannara also has its sights set on international markets and emerging biotech opportunities, positioning itself as a global leader in the cannabis industry. 365 Cannabis will play a critical role in enabling this vision, providing the integrated tools and data Cannara needs to scale with precision, optimize operations, and respond rapidly to evolving market demands.
Cannara’s approach is a case study in disciplined growth. By prioritizing operational alignment, customer insights, and a robust ERP system, they’ve built a foundation designed not just to scale—but to last.
“Everything is in the ERP—from the grow to the sale to the customer, to the final product, to THC levels, to the drying and trimming phases. We’re probably one of the most detailed companies in terms of costing.”
Nicholas Sosiak, CFO
The 365 Cannabis Advantage
365 Cannabis combines traditional ERP software with industry specific functionality to meet the unique operational needs of cannabis businesses. Replacing over four disparate systems from QuickBooks to seed-tosale to spreadsheets, 365 Cannabis allows you to manage your entire operation from a single solution.