vp

ISSUE – Jul. 03 | A craft marijuana brand has raised a total of $50 million from VCs including an early Facebook investor — here’s why it’s a big deal for the industry

  • Craft marijuana brand Flow Kana has raised a new investment round of $22 million, bringing its funding total to $50 million.
  • Its latest financing is one of the largest Series A rounds for a cannabis company to date, though deals of this size are becoming more common.
  • Hundreds of millions of VC dollars flow into the marijuana sector every year, as fledgling startups chase funding to become the giants of their industry. [ The Insider ]

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