RE Botanicals, a Boulder, CO-based national hemp CBD brand certified organic by the USDA, closed a $2m strategic seed round of funding.
The investment came from BIGR Ventures and natural and organic products industry veterans.
The company will use the funds to launch new products, increase retail distribution and expand marketing efforts.
Led by John W. Roulac, the founder and Chief Hemp Officer, RE Botanicals is a mission-driven brand that offers products crafted with USDA certified organic, full-spectrum hemp extracts. Its hemp CBD products include Tinctures, Relief Body Oil and Organic Coconut Oil Capsules.
Founded by industry veterans Carole Buyers, Duane Primozich, and Bill Weiland in December 2015, BIGR Ventures is a growth equity fund providing value-added, strategic partnership and capital to promising early-stage natural and organic products. It is headquartered in Boulder, CO.