1CM Inc. Overview
Pro stress-test →1CM Inc. is a multi-jurisdictional cannabis company that retails cannabis, alcohol, tobacco, nicotine, and consumer packaged goods in Canada. The company offers One Cannabis Market, a technology platform providing B2B and B2C solutions including last mile delivery, digital signage, big data analytics, and wholesale clearing services. The company operates a dual retail and technology-enabled platform strategy to capture value across cannabis and complementary consumer goods verticals.
Strategic Profile
Pro stress-test →The company is focused on expanding its operations through organic growth and by way of merger and acquisition transactions. 1CM operates retail locations across British Columbia, Saskatchewan, and Ontario with brands including Cost Cannabis and Costcan Liquor. The technology platform positions the company as both a retailer and B2B enabler in the Canadian cannabis ecosystem, though financial performance remains challenged with low profitability metrics and declining share price momentum.
Competitive Landscape
Pro stress-test →1CM competes in Canada's fragmented cannabis retail market against larger multi-state operators like SNDL (Sundial Growers), which acquired five cannabis retail stores from 1CM in Alberta and Saskatchewan. The company also faces competition from provincial retailers and direct-to-consumer platforms. The technology platform (One Cannabis Market) positions it against B2B cannabis logistics and data analytics providers, though its execution relative to better-capitalized competitors remains uncertain.
Industry Context
1CM Inc. operates in Cannabis Retail & Distribution.
Key facts
Founded: 2017 · Headquarters: Markham, Canada · Market cap: CAD 17.1M