Tokyo Smoke, a Toronto, ON-based cannabis lifestyle brand, closed its Series B funding of approximately CAD$6m.
The round, which includes CAD$4m announced in August, was led by Aphria and Green Acre Capital Fund I, with participation from strategic investor Paul Rowan, a founding partner at Umbra, a global product design company with presence in over 120 countries.
The funds will be allocated to continued retail expansion, marketing and strategic acquisitions.
Led by Alan Gertner, co-founder and CEO, Tokyo Smoke Tokyo Smoke is a lifestyle brand that aims to bring sophistication and design to the cannabis space via immersive experiences and designer retail spaces selling coffee, clothing and designer products.
The company recently acquired fellow designer cannabis brand Van der Pop.