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Launch · Healthcare & Life Sciences

Wholeleaf plans to expand retail outlets significantly

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Date
Company
Wholeleaf
What it does
Cannabinoid pain management startup
Kind
Launch
Based in
Gurgaon
Founded
2020
Sector
Healthcare & Life Sciences

What they do

Wholeleaf makes natural therapeutics for chronic pain using licensed cannabinoids

What happened

The company plans to scale its retail network from about 1,000 to 7,000 stores by the end of 2026

Why it matters

It serves over 100,000 customers and is approaching profitability in a growing market

The details

  • Wholeleaf plans to increase its retail presence across India significantly.
  • The company aims to grow its outlet count from approximately 1,000 to 7,000.
  • This expansion target is set for completion by the end of 2026.
  • Both sources confirm this aggressive growth strategy for the business.
  • Retail expansion is key to reaching more patients with chronic pain.
  • Sources indicate strong support from investors for this scaling effort.
  • The plan focuses on physical accessibility rather than just digital channels.

The bigger picture

  • India has a massive market for herbal and natural remedies.
  • Over 900 million Indians currently use these types of treatments.
  • More than 120 million people suffer from chronic pain conditions.
  • The cannabinoid therapeutics segment is growing at a rapid pace.
  • Industry estimates show a compound annual growth rate of 20-25%.

About the business

  • Wholeleaf produces licensed cannabinoid-based natural therapeutics for pain management.
  • It offers both oral and topical formulations for various conditions.
  • Products address migraines, arthritis, fibromyalgia, menstrual pain, and neuralgia.
  • The company distributes through local pharmacy stores and major chains.
  • Key partners include Apollo Pharmacy, Wellness Forever, and Guardian Pharmacy.
  • Headquarters are located in Gurgaon, established in 2020.
  • Shivraj Sharma serves as the Founder and CEO of the firm.
  • Wholeleaf claims to have served over 100,000 customers across India.
  • The company states it is approaching profitability and leads in revenue.

What happens next

  • Scale retail outlets to 7,000 by end of 2026.
  • Expand into Tier I and Tier II cities.
  • Continue developing pipeline for chronic neuropathic pain solutions.

Investors

  • Shark Tank India (investor) — A prominent Indian investment television show.
  • Angel and institutional investors (investor) — Various unnamed angel and institutional backers.

Founders

  • Shivraj Sharma, Founder and CEO

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