Alphagreen Group, a London, UK-based company which owns a consumer marketplace for legally certified cannabis (CBD, cannabidiol) products, secured £500k in its first equity funding round.
Several tech angel investors took part in the round alongside the cannabis-focused investment company ENEXIS AB.
Established in 2019 by Alexej Pikovsky, CEO, Alphagreen Group owns and runs Europe’s largest consumer marketplace for certified cannabis (CBD, cannabidiol) products, Alphagreen.io. The UK-based marketplace has the largest number of high-quality products available in Europe. These high-quality non-psychoactive products (e.g. CBD) are from top global cannabis brands such as Cibdol, Endoca, FourFiveCBD, Wunder Workshop and Mr Nice. The company also operates Alphagreen Med, which is their 100% owned subsidiary in Dusseldorf looking to distribute medical cannabis to pharmacies in Germany.