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The California-based cannabis brand Leune announced a $5-million capital raise Thursday supported by celebrity investors like professional basketball player Carmelo Anthony, his wife and TV personality La La Anthony and sports agent Rich Paul, who s known for representing LeBron James and Anthony Davis. The funding round was also backed by music manager Anthony Saleh, who represents rapper artists Nas and Future, and also by Karan Wadhera and Yoni Meyer, partners at the cannabis-focused venture capital company Casa Verde Capital. “We are thrilled that such accomplished investors will be joining us in the LEUNE-iverse,” Nidhi Lucky Handa, Founder and CEO of Leune said in a statement. ....
Calexo’s “Watercolors” Cannabis Beverages to be Produced at Tinley’s Long Beach Facility The Tinley Beverage Company Inc. Toronto, Ontario, CANADA THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS LOS ANGELES and TORONTO, April 12, 2021 (GLOBE NEWSWIRE) The Tinley Beverage Company Inc. (CSE:TNY, OTC:TNYBF) (“ Tinley s” or “ Company”) is pleased to announce that Los Angeles-based Calexo will produce three new zero-calorie sparkling drinks in bottles, and four preservative-free juice beverages in cans at the Company’s Long Beach facility. The Company is also pleased to provide updates on distribution of its branded products and its Long Beach distribution facility buildout. ....