Tag : Fund

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$200M Cannabis and Marijuana Lending Fund Established by the StandardC Network

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StandardC, a leader in cannabis & marijuana banking and financial services, announced today that its lending partner had closed the first $5 million loan from their newly established $200M fund for a leading marijuana cultivator using the StandardC platform.  This partner has extensive experience in the cannabis lending industry, facilitating real estate loans and......
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KEY Investment Partners Announces $30 Million Final Close of Cannabis-Focused Venture Fund

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KEY Investment Partners LLC (“KEY”) today announced the closing of its cannabis-focused venture fund (“The Fund”) with approximately $30 million in aggregate capital commitments. KEY Investment Partners provides strategic capital to high-growth companies that are well positioned to develop the infrastructure of the cannabis industry. Leveraging KEY’s extensive network, cannabis industry expertise,......
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SuperNet Raises Series A to Fund 2022 Cannabis Credit Card Launch

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SuperNet, the only payment network that officially accepts and grants permission to process transactions from cannabis merchants, closed on financing an undisclosed amount in their series A aimed at helping launch their credit card in 2022. “We’ve received an overwhelming amount of support from investors during this funding round, which......
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Veriheal Announces Winners Of $20,000 ‘Innovation in Cannabis’ Scholarship Fund

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Veriheal, the cannabis tech, healthcare and intelligence company behind the nation’s largest medical marijuana application platform, today announced the recipients of its $20,000 Innovation in Cannabis scholarship fund, designed to invest in students pursuing degrees in cannabis and accelerate diversity and inclusion in the burgeoning industry. The scholarship fund, which launched with a $10,000 award......
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43% of Investors Have at Least One Cannabis-Related Stock or Fund, With Users 4 Times As Likely to Invest

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With support for cannabis legalization at an all-time high in the U.S., it shouldn’t come as a surprise that more people are investing in cannabis-related stocks. The latest MagnifyMoney survey of more than 1,200 investors found 43% currently invest in the cannabis industry. And given the majority of those investors got involved......
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Veriheal Announces $20,000 Innovation in Cannabis Higher Education Scholarship Fund

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Veriheal, the cannatech healthcare enterprise behind the nation’s largest medical marijuana application platform, today announced a $20,000 Innovation in Cannabis scholarship to fund students pursuing degrees in the cannabis industry. The scholarship, which launched in 2020 with $10,000 in awards, has been doubled this year to offer 20 grants in the amount of $1,000 each to qualifying......
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Trulieve Partners with the Thurgood Marshall College Fund to Provide College Scholarships

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Trulieve Cannabis Corp. (CSE: TRUL) (OTC: TCNNF), a leading and top-performing cannabis company in the United States, today announced a new partnership with the Thurgood Marshall College Fund (TMCF), the nation’s largest organization exclusively representing the Black College Community. Trulieve will donate $20,000 to help fund several college scholarships awarded to students who......
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Kings Garden Enters Joint Venture To Fund New Grow Facility Expanding Footprint In Coachella Valley

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Today, Kings Garden, the original and largest cannabis cultivation, processing and manufacturing company in California announced a joint venture to fund a new 24K sq. ft. grow facility in Cathedral City, Ca.  The $9.5M deal supports the brand’s continued expansion in California – #1 cannabis market in the U.S. Construction on the facility is set to begin later this month,......
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Phyto Partners Launches Phyto III Cannabis Focused Venture Capital Fund

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Phyto Partners, a top cannabis investment fund, is launching a third cannabis-focused private equity fund modeled after its first two funds, Phyto Partners I, LP and Phyto II, LP. Phyto Partners plans to leverage its early mover advantage and industry expertise to source early and later stage privately held companies that......
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PURA – Announces $5 Million Investment at $0.10 PPS Valuation to Fund CBD Acquisitions

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Puration, Inc. (USOTC: PURA) today announced closing on a $5 million investment to fund the prospective acquisition of cannabis infused beverage, edible and topical operations. The $5 million investment is structured as debt facility whereby funds can be drawn as needed to fund acquisitions. The drawn funds would be secured by the acquired asset......