FLRish, Inc., an Oakland, CA-based cannabis company that manages the Harborside retail dispensaries and brands, as well as a large cannabis cultivation facility, received a $5m as a part of a $6.5m Series A financing.
The round was led by Cresco Capital Partners, with participation from Quinsam Capital Corporation and Murray Field & Company LLC. Cresco Capital Partners’ Matt Hawkins will be joining the board as part of the financing.
The company will use the capital to expand its retail management platform to additional cannabis retailer clients, continue the build-out of its cultivation facility, and for general working capital and corporate development purposes.
Led by Andrew Berman, Chief Executive Officer, FLRish currently manages the Harborside Oakland and Harborside San Jose retail stores in California. Through its retail management business division, the company controls the Harborside brand and retail stores, including new locations opening in 2018.
The Harborside Oakland dispensary was founded in 2006 by Steve DeAngelo.