Caliva, one of the largest vertically integrated cannabis companies in California, closed its first round of funding at an over-subscribed amount of $75 million. Carol Bartz, former CEO of Yahoo and Autodesk and former Cisco board member, along with three-time Super Bowl MVP and Pro-Football
Leading US cannabis retail and brand development company 4Front Holdings, LLC, completed a private placement of equity securities for gross proceeds of $31 million. Due to strong investor demand, the offering size was increased from its initial amount of $15 million. Toronto-based Eight Capital acted
Vertically integrated international cannabis platform GrowForce Holdings Inc., secured its equity capital raise, resulting in aggregate gross proceeds of more than $38 million Canadian dollars. GrowForce was created and spun-off by Denver, Colorado-based MJardin, a cannabis management company, with a mission to become one of the
US cannabis sector retail and brand development company 4Front Holdings, LLC, closed $13.4 million in a Series D funding round, raising well above the targeted $10 million. Founded in 2011 with a mission to help professionalize the emerging industry, 4Front developed a national platform that consists
Cannabis industry workforce management company Wurk acquired $3.2 million in a bridge funding round. Poseidon Asset Management led the round, which included Phyto Partners, Altitude Investment Partners, Arcview Investor Network, and Arcadian Fund. The company – which helps cannabis companies manage payroll, human resources, timekeeping, scheduling,
Vangst, a leading employment resource for the cannabis industry, today announced completion of a $2.5 million seed round. The round was led by Lerer Hippeau, a New York-based venture capital firm that invests globally. Casa Verde Capital, a venture capital firm focusing on the ancillary
Eyechronic, a marketing platform for cannabis dispensaries and brands, today announced it secured $3 million in Series A funding from Tuatara Capital, L.P., a specialized alternative investment manager focused on the legal cannabis industry. Eyechronic helps dispensaries match the look and feel of modern technology-driven
Xtraction Services announced it secured $5 million in financing from Archytas Ventures. The agriculture technology startup provides “extraction-as-a-service” for the cannabis industry. According to the company, instead of having to spend millions of dollars on new equipment, cannabis businesses can access equipment and staff at no
WebJoint completed $1.5 million in Series A financing, led by RedTape Ventures. WebJoint’s all-in-one software aims to help cannabis business owners manage their patients, finances, employees, inventory, and website. The company’s point-of-sale system is designed to allow businesses to quickly put in an order, calculate their
GreenRush, a technology and marketing platform that helps facilitate the delivery of cannabis products to patients, acquired $3.6 million in Series A financing. From access to new dispensaries to a simple one-time verification process, the goal of GreenRush’s proprietary technology is to offer a superior