HomeUSAOmura Secures $5M in Funding

Omura Secures $5M in Funding

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Omura, a Los Angeles, CA-based platform for the consumption of whole flower cannabis and hemp CBD, said it raised a further funding round which brought the total to $5m.

Former Canopy Growth Corporation CEO and Founder, Bruce Linton, has participated in the latest fundraising round as well as joined as strategic advisor.

The company intends to use the funds for expansion and technology growth.

Led by Mike Simpson, CEO, Omura launched into retail with six premium flower brands in California this January, and will be expanding across recreational and medical States in the US as well as Canada over the course of 2020. The brand is also partnered with Greenlane Distribution for national distribution in the United States. The Omura heat-not-burn system delivers a smoke-free experience in a disposable pre-filled stick format for the purest method of cannabis consumption. The proprietary pre-filled flower sticks and heat-not-burn device ensure precision dosing and sustainability. Devices and flower sticks are available online and in California.

FinSMEs

28/04/2020

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