Bhang Chocolate Recieves $39M in Equity Funding

Bhang Chocolate Company, Inc., the maker of cannabis chocolate, recieved $39m in equity funding.

Mentor Capital, Inc. (OTC Markets: MNTR) made the investment.

The company intends to use the funds for national and international expansion and further extension their brand across the marijuana related sector.

Led by CEO Scott Van Rixel, Bhang Chocolate has been making non-medicated chocolates for years for such retail outlets as Whole Foods. Its culinary infusion of medical marijuana begins with fairly traded Venezuelan criollo cacao and natural ingredients and ends up as gourmet chocolate cannabis bars made by hand in a laboratory-kitchen in California.

FinSMEs

11/03/2014

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