Enlighten, a Bowling Green, Kentucky-based multifaceted cannabis technology company, closed an over $6.5m Series B round of funding.
The round was led by Tuatara Capital, L.P., with participation from Arcadian New Venture Fund, L.P.
The company intends to use the funds to further expand its TV network, finalize new technology and data solutions and expand its wellness division, focused on alternative health.
Led by Chairman and CEO Jeremy Jacobs, Enlighten provides a media and adtech platform that reaches cannabis consumers. As a full scale enterprise technology solution serving the cannabis industry, the company is already working with nearly 1,000 cannabis and hemp businesses, including dispensaries, cultivators and producers, head shops, cannabis lounges and healthcare facilities to bring retail technology to the cannabis industry.