C3 Industries

A passion for cannabis combined with a desire to produce premium, high-quality products led brothers Ankur and Vishal Rungta and long-time friend, Joel Ruggiero, to launch their multi-state business, C3 Industries (C3). The Company, comprised of cultivation and manufacturing facilities and retail locations in Michigan, Massachusetts, Missouri, and Oregon, is dedicated to masterfully crafting, branding, and selling premium cannabis products in legal medical and recreational markets. C3 currently has 250,000 square feet of cultivation and processing space in operation or the final stages of completion, as well as 20+ retail stores now open or in construction.

C3 launched in spring 2018 with a state-of-the-art, 36,000-square-foot indoor cultivation facility in the St. Johns neighborhood of Portland, Oregon. Within six months of opening, C3’s premium indoor flower brand, Cloud Cover Cannabis, became one of Oregon’s top five indoor flower brands.

With the passage of a cannabis licensing framework in the Company’s home state of Michigan and the company’s demonstrated success in Oregon, in 2019, C3 expanded its operations into Michigan with a new, state-of-the-art, 36,000-square-foot Cloud Cover Cannabis cultivation and manufacturing facility in Webberville, Michigan, and a portfolio of 12 High Profile retail stores across the state, with additional locations coming.

Since 2020, C3 has expanded to both Missouri and Massachusetts.  In Missouri, C3 currently operates two production facilities (manufacturing and cultivation) and five High Profile retail stores around the state.

In Massachusetts, C3 launched a new production facility in late 2021 and has three retail locations in the city of Boston, branded High Profile x Budega. The first location in Dorchester opened in early 2022, and the second location in Roslindale will open in the Fall of 2022. The third location in Roxbury will open in early 2023.

C3I employs over 500 people and is headquartered in Ann Arbor, home of the Rungta brothers’ alma mater, the University of Michigan.