Cannabrew smashes £200k crowdfunding target Cannabidiol (CBD) craft brewer Cannabrew has smashed its crowdfunding target, raising £200,000 in less than 24 hours. It joins a string of beverage brands boosted by similar campaigns. Drinks firm Square root smashed its successful crowdfunding campaign, raising £340,000. The drinks maker went ton to secure a £1.4m investment from the North East Venture Fund. Cannabrew said it would use the funding to grow its network of off-licenses and develop supermarket relations. It also plans to make its craft beers available in keg form to supply the hospitality sector, which has begun to reopen post COVID-19 lockdown. The brewer is also pressing ahead with plans to recruit and expand, with the ultimate aim of being listed by a major UK supermarket.