Tokyo Smoke Raises $3.2 Million

Lifestyle brand Tokyo Smoke just closed $3.2 million in Series B financing. Aphria and Green Acre Capital participated in the round.

Tokyo Smoke is an award-winning lifestyle brand that seeks to bring sophistication and design to coffee, clothing, and cannabis. The company was founded with a passion for modern design and a strong desire to elevate the cannabis landscape. Located in Toronto, Tokyo Smoke has a number of high-end coffee bars and head shops, a line of men’s clothing, and, with groundbreaking licensing deals signed, will be selling legal cannabis in both the U.S. and Canada within the next 6 months.

The company said the funds will be used to accelerate Tokyo Smoke’s progress toward becoming Canada’s leading cannabis brand.