• Cannabis investment jumps 82% the second half of 2021, 165% over 2020 levels

    3 days ago - By TechCrunch

    Cannabis equity fundraising is quickly hitting new highs. An analysis of Crunchbase data reveals cannabis companies are seeing larger checks from equity financing, and the number of rounds is seemingly shifting from seed to later-stage rounds.
    News broke today that cannabis tech leader Dutchie raised another massive financing round. This $350 million Series D values the company at $3.75 billion and follows the company's $200 million round from March 2021. Dutchie has raised $603 million to date.
    Dutchie is among a growing list of cannabis companies raising large rounds in 2021. For...
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