Strainz Raises $8M

strainzStrainz, Inc., a Las Vegas-based national cannabis brand management company, raised a total of $8m, including a $6m round of Series A financing.

The company intends to use the funds to accelerate growth of its portfolio of brands in Colorado, Nevada and Washington, expand its brands into other legal states and hire additional senior management and staff.

Led by Hugh Hempel, CEO, Strainz partners with multiple state licensed cultivation and production facilities to deliver a portfolio of premium grade cannabis products that are rigorously tested and certified.

The company partners with Denver-based Bronnor Corporation, one of the largest MIPs manufacturing facilities in Colorado and among the largest in the nation, with a fully operational production facility in Nevada to begin shipping premium medical cannabis products to dispensaries in May, and Db3, a Washington premier edibles company and maker of the ‘Zoots’ branded products.




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