Fundanna, Inc., owner of Fundanna.com, an SEC regulated and FINRA approved cannabis focused crowdfunding portal (powered by truCrowd, Inc.), received an equity investment from Digital Arts Media Network, Inc. (OTC: DATI).
The amount of the deal was not disclosed. Additionally, Fundanna, Inc. acquired an equity position in Digital Arts Media Network, Inc.
The investment will support the company in growing Fundanna.com.
Led by founder and CEO Vincent Petrescu, Fundanna, Inc., is the operator of Fundanna.com, an S.E.C regulated FINRA member, funding portal (powered by truCrowd, Inc.) with a dedicated focus on the cannabis markets. The portal will allow cannabis related companies to raise up to $1m per year from accredited and non-accredited investors, with low investment requirements.
The company is in the process of taking over operations after it receives FINRA approval.