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April 14, 2021 at 9:28 am Published by NCV Newswire
Connected Cannabis Co. Announces $30 Million Capital Raise
Funding will fuel Connected’s national expansion into promising markets beyond California and Arizona for cannabis production at scale
SACRAMENTO, Calif., April 14, 2021 /PRNewswire/ Connected International Inc. (“Connected Cannabis Co.” or “Connected”), a premier cannabis cultivator, retailer and market leader in California, today announced the closing of a $30 million capital raise consisting of debt and equity financing. The round was led by existing investors Navy Capital and One Tower Group with participation from new investors Emerald Park Capital, an affiliate of Bryant Park Capital, and Presidio View Capital.