Grenco Science, a Los Angeles, CA-based advanced technology cannabis vaporization company, completed its Series A financing.
The amount of the deal was not disclosed.
Backers included Serruya Private Equity and Stable Road Capital.
The company plans to deploy the funding to invest in technology and to expand the innovative product range with vaporizers while continuing to expand on a global scale.
Launched in 2012 by CEO Chris Folkerts, Grenco Science developed a range of innovative vaporizers which includes the G Pen Elite, Pro, Nova, Nova LXE and Gio, and has new products in development. Through proprietary technology and design, the company is continuously raising the bar in aesthetics, portability, functionality and user experience.