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Happy Cabbage Analytics announces oversubscribed strategic financing round and launch of cannabis retail optimization platform

/PRNewswire/ Happy Cabbage Analytics, an integrated cannabis retail analytics company, welcomes new strategic investors Merida Capital Partners, Poseidon. ....

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Health and Wellness CBD Start-Up - Alphagreen - Seeks £2m in Crowdfunding

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LONDON, April 19, 2021 /PRNewswire/ Alphagreen, Europe s leading marketplace for cannabis products is launching the largest ever crowdfunding raise in the CBD and medical cannabis space.
The cash injection will be used to grow its e-commerce and digital marketing operations, expand into new global territories, and leverage its expertise of the sector to enter the emerging market for medical cannabis.
The business had a strong start and raised in the last few days £1.5m already. Existing investors include Stockholm-based Enexis AB, US cannabis fund West Creek Investments and angel investors, including Igor and Oleg Tikhturov. ....

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CBD platform Alphagreen raises £1m-plus before funding push goes public

By Alec Mattinson2021-04-16T16:09:00+01:00
Co-founder and CEO of Alphagreen, Alexej Pikovsky
The fevered investor interest in the growing European CBD market has been illustrated by a fundraise for the ‘Hut Group of cannabis’ that has accrued £1m-plus before going public.
E-commerce startup Alphagreen, which launched in October 2019 and currently houses more than 150 brands and over 2,500 products, will kick off a public crowdfunding campaign next week to raise up to £2m to fund expansion.
Before going public, the campaign has already raised £1.17m from 73 investors, including high-profile cannabis investors Enexis, West Creek Investments, and several angel investors.
The campaign values the platform at £10m. It intends to become a “major player” in an industry it estimates will be worth £900m in 2025 in the UK alone. ....

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