The 26 top cannabis startups in 2021, according to investors
Post money valuation: $25 million Biggest funding round of 2020: $1 million raised in a convertible note deal. The company said it is looking to raise Series A funding this year. Total raised to date: $2 million What the company does: Abstrax is a California-based research firm that creates terpene profiles — active chemicals in the cannabis plant — for use in isolates, vaporizers, or even as food and beverage additives. Why investors like the company: Panther Opportunity Fund's principal Jordan Tritt says that Abstrax is "pioneering consumer sensorial experiences in the cannabis ...
Source: businessinsider.com