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Cannabis cultivator Connected International Inc., also known as Connected Cannabis, confirmed Wednesday it has completed a $30 million capital raise. What Happened The raise consisted of debt and equity financing. It was led by current investors Navy Capital and One Tower Group, who welcomed new investors, such as Emerald Park Capital, an affiliate of Bryant Park Capital, and Presidio View Capital. "We're thrilled to bring Emerald Park Capital and Presidio View Capital into the Connected family and welcome back our long-term partners that have supported our company's mission from the very be...

April 14, 2021 at 9:28 am Published by NCV Newswire Connected Cannabis Co. Announces $30 Million Capital Raise Funding will fuel Connected’s national expansion into promising markets beyond California and Arizona for cannabis production at scale SACRAMENTO, Calif., April 14, 2021 /PRNewswire/ — Connected International Inc. (“Connected Cannabis Co.” or “Connected”), a premier cannabis cultivator, retailer and market leader in California, today announced the closing of a $30 million capital raise consisting of debt and equity financing. The round was led by existing invest...

Connected Cannabis Co. raises $30 million to bring its designer weed strains to more states Connected Cannabis Co. was founded in 2009 and has since grown to become a leading cultivator of designer cannabis strains. Today, the company announced $30 million in debt and equity financing. This comes after the company raised a $25 million Series A in 2019. The new round was led by existing investors including Navy Capital and One Tower Group. Emerald Park Capital, an affiliate of Bryant Park Capital, and Presidio View Capital also participated. Currently, Connected Cannabis Co. operates cultivati...

Reuters Cannabis companies are eyeing New York's new legal marijuana market. Many of the big players already operate in the state's medical program. But those that aren't say they're mostly looking to enter as cultivators, not retailers. New York's new legal marijuana market could be worth billions, creating a massive opportunity for some of the biggest cannabis companies in the US. The state legalized cannabis for adults over the age of 21 on Wednesday. Regulations for retail sales are still being formulated, meaning you may not be able to buy a pre-roll or a gu...

Nike Inc. (NYSE:NKE), Craig Lyon has opted to join Sacramento, California-based Connected Cannabis as head of marketing. “They have a special focus on authenticity and quality that has earned the brand its unprecedented market position, an aspect that instantly sparked my intrigue,” Lyon told Benzinga. Led by CEO Sam Ghods and co-founded by Luke Coleman and Caleb Counts, the company managed to carve out its “market prominence with less than 1% of revenue going towards marketing,” Lyon explained. “The opportunity to work for a legacy brand like Connected at this inflection point fo...