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C3 Industries

C3 Industries is a vertically-integrated cannabis company operating in six US states, with 31 retail locations and six manufacturing facilities.

Secondary Market Price

Updated: 
Feb 2026
Current Preferred Price
Date:
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Prospect Projected Preferred
Current FMV
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Prospect Projected FMV
$150M
Company Valuation
Updated: 
Feb 2026
Health
Industry
Ann Arbor, MI
Headquarters
2018
Year Founded
600+
Employee Count

How C3 Industries Measures Up

To help you manage your C3 Industries equity, Prospect has run the company through our machine learning model.

Prospect Rating

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This rating reflects our belief in this company's potential to grow to that many times its current value in 4 years. For an employee with stock, this rating suggests a potential return on equity, but it also comes with some risk.

Exit Risk

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Our rating is a reflection of the likelihood of this company achieving a liquidity event for its employees based on the quality of investors, funding stage, founders, and more.

Funding Stage

Series A

A company’s funding stage reflects how established it is, how quickly it is scaling, and the average impact an employee may have when joining.

Est val $150M
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Feb 6, 2026

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Prospect Projected Future C3 Industries Prices

Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for C3 Industries's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.

Powerful tools to earn more from your equity

Company Description

C3 Industries is a private, vertically-integrated cannabis company operating in six states: Michigan, Missouri, Massachusetts, Connecticut, Illinois, and New Jersey. The company engages in the cultivation, manufacturing, and retailing of cannabis products, managing 31 retail locations and six facilities totaling over 200,000 square feet. Founded by veteran cannabis industry players, C3 Industries was built organically, establishing its initial operations in competitive, open markets like Michigan and Oregon.

The company is pursuing continued expansion, with recent announcements detailing plans to open up to 20 new dispensaries in Michigan over the next 24 months. This growth is supported by a recently closed financing round intended to fund ongoing expansion efforts. These plans follow the opening of new "High Profile" dispensaries in Ann Arbor and Detroit, part of a larger strategic expansion within the state of Michigan.

C3 Industries Notable Investors

  • Madison Square Park Capital
  • Welcan Capital
  • Navy Capital

C3 Industries Founders

  • Co-Founder, Ankur Rungta
  • Co-Founder, Vishal Rungta
  • Co-Founder, Joel Ruggiero

Peer Group Comparison

Vs Peer Group of >$4B Startups

Frequently Asked Questions

Is Anduril worth joining?

Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.

Is C3 Industries worth joining?

Deciding whether to join C3 Industries depends on your personal career goals and how you evaluate their overall compensation package. Tools like Prospect can help you understand the potential value of your equity offer by using data-driven models to project a startup's future outcomes.

What should I do with my C3 Industries stock?

Managing private company stock is complex, and your strategy should be based on your personal financial situation and risk tolerance. Platforms like Prospect offer personalized strategies for exercising options or selling shares to help you optimize tax implications and maximize your potential returns.

Can you sell C3 Industries stock?

Selling stock in a private company like C3 Industries is typically possible during liquidity events such as tender offers or on secondary markets, though restrictions may apply. Prospect provides tools to help you navigate these opportunities and determine which shares are the most tax-optimal to sell.

How can I find the value of my C3 Industries stock?

The value of stock in a private company isn't publicly available and is often based on internal 409A valuations or the price set during recent funding rounds. To get a more comprehensive picture, Prospect uses predictive models to help you forecast the potential future value of your equity.

What is C3 Industries's equity worth?

The precise worth of a private company's equity is not public information and can change based on performance, funding, and market conditions. You can use a platform like Prospect to model various outcomes and project the potential value of your specific holdings based on their proprietary data.

What is C3 Industries's stock ticker symbol?

As a private company, C3 Industries does not have a stock ticker symbol. Ticker symbols are only assigned to companies once they become publicly traded on a stock exchange like the NYSE or NASDAQ.

Can I buy or sell C3 Industries stock?

Buying stock in a private company like C3 Industries is typically limited to employees as part of their compensation or to accredited investors in specific funding rounds. While buying is restricted, employees can often sell shares during liquidity events, and tools from Prospect can help manage that process.

What is the criteria to buy or invest in C3 Industries stock?

Investing directly in a private company is generally restricted to accredited investors who meet certain financial thresholds or employees who receive equity as compensation. Platforms like Prospect are designed to help employees manage the equity they already own, rather than serving as a platform for new investments.

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