Tech Company Financing Transactions
Cannabco Pharmaceutical Funding Round
Cannabco Pharmaceutical secured a $24 million funding round on 5/9/2017. Backers included private investors.
Transaction Overview
Company Name
Announced On
5/9/2017
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company will use the funds to build out of two production facilities located in the Greater Toronto Area (GTA) as well as operating capital to fund its initial crop productions.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
Undisclosed
Toronto ON, M4C 5K7
Canada
Toronto ON, M4C 5K7
Canada
Phone
Website
Email Address
Overview
Cannabco is dedicated to establishing itself as a leader in affordable Medical Marijuana supply and research contributing to the growing needs of Canadians. At this time Cannabco is in the process of applying to become a Licensed Producer (LP) under Health Canada's Access to Cannabis for Medical Purposes Regulations (ACMPR).
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mark Pellicane
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Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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