F/ELD Raises $6M in Equity Funding

f-eldF/ELD, a Los Angeles, CA-based cannabis company focused on the acquisition, development and monetization of high quality products, raised $6m in funding.

Backers included:
– Navy Capital,
– Eitan Popper,
– Igor Gimelshtein,
– Tarik Ouass, and
– Serruya Private Equity.

The company intends to use the funds to finance expansion throughout the U.S., scale operations in California, and bring further to market an already awarded product line.

Led by Joe Andreae, President, Adam Gillman, CEO and Co-Founder, and Bert Culha, CMO and Co-Founder, F/ELD is a cannabis brand focused on the “ultra premium” portion of the cannabis market.
The company has also established an advisory board including:
– Richard Kimball, former Partner at Goldman Sachs and Senior Trustee at The Brookings Institution, as well as
– Joshua Zad, Founder and CEO of Alfred Coffee and Alfred Tea.



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