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Green Check Verified Secures Additional Funding To Help Financial Institutions Meet the Needs of Rapidly Expanding Cannabis Industry


Provided by
Accesswire
Financing will allow company to seize opportunity presented by strong demand in Q2 2021
NEW HAVEN, CT / ACCESSWIRE / July 7, 2021 / Green Check Verified (GCV), the leading regtech provider of compliant cannabis banking solutions and services, today announced the closing of an oversubscribed $3 million in Convertible Note Financing, with new investor Robert Wolf, founder of 32 Ventures and former Chairman & CEO of UBS Americas, and lead investor Flatiron Venture Partners. This latest round also featured returning investors Fenway Summer Ventures and Bravos Capital.
With this additional funding, GCV will continue to invest in growing the team to support a 2021 influx of new financial institution partners, while also expanding its product and services offerings to capitalize on the broader market opportunity. The new round of funding brings GCV s total fundraising to more than $8 million. GCV previously announced $2.4 million ....

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