ANM, Inc. (DBA Halo Labs), a premier cannabis oil processor, received an investment from Archytas Ventures, LLC.
The amount of the deal was not disclosed.
The company will use the funds to accelerate a multi-state expansion beginning with Nevada and California.
Led by CEO Kiran Sidhu, Halo Labs is a premier cannabis oil processor that uses the finest cannabis on track to produce over 1,000,000 grams of cannabis oil and concentrates with cannabinoid, flavonoid and terpene profiles.
Market demand for its products continue to grow among retailers and distributors.
Archytas Ventures is a private investment holding companies providing strategic debt and equity capital to legal cannabis operators.