08 July 2017
Denver, Colorado – Cannabis Venture Capital today announced that it raised $10,000 in exchange for an undisclosed amount of equity from a former colleague, supplier, and great friend who wishes to remain anonymous. CVC will use the new funds in addition to interest from investments in PEAK to meet their business obligations resulting from the TOKE purchase and the Sensi Shredder development.
Kyle, Founder and CEO of Cannabis Venture Capital, said: “This round of fundraising allows us to align our first three investments toward our larger vision of building the world’s most recognizable cannabis brands.”
The Investor said: “From call center trenches to supplying him with Georgia’s Finest, Kyle and I have shared many adventures and joints over the decades. I’m stoked to help bring the vision higher!”
HIGHLIGHTS OF THE DEAL
Cannabis Venture Capital will use the funds to meet its obligations with TOKE.
Cannabis Venture Capital will use the funds to meet its obligations with LED Enterprises, LLC.
ABOUT CANNABIS VENTURE CAPITAL, INC.
Cannabis Venture Capital is an early-stage investor with a grassroots approach to investing in the emerging trillion-dollar cannabis industry. Founded by seasoned canna-preneurs and enthusiasts, CVC partners with the same, to build the industry's most recognizable cannabis brands.
Cannabis Venture Capital announces deal with injection molding company for the manufacturing and distribution of hemp plastic products, aiming to revolutionize sustainable packaging.
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