Green Tank Technologies, a Toronto, Canada-based maker of vaporization hardware for the cannabis industry, secured C$4.3m in seed financing.
The round was led by Green Acre Capital and Casa Verde Capital, with participation from Alan Gertner and Lorne Gertner, founders of Tokyo Smoke, now Hiku Brands.
The company will use the funds for product development, market expansion and the growth of WeCannect, a cannabis-focused discovery and networking platform.
Founded in 2016 by Corey Koffler and Dustin Koffler, Green Tank Technologies designs, develops and manufactures innovative, high-performance vaporization hardware exclusive to the cannabis industry. The company is committed to providing licensed producers and extractors with vaporization technology, engineered specifically for each brand’s extract formulations.
WeCannect is adiscovery and networking platform for cannabis businesses, connecting brands, cultivators, dispensaries and ancillary businesses through an online community purpose-built for the cannabis industry.