Viola Closes $13M Bridge Funding Round

Viola, a Los Angeles, CA-based Black-owned multinational cannabis brand, closed a $13m equity funding round. 

This funding allows Viola to expand into several key new markets, including Pennsylvania, Illinois, New Jersey, and Maryland, and continue executing on strategic marketing initiatives.

Led by Al Harrington, Co-Founder & CEO, Viola is a Black-owned producer and licensed wholesaler of premium cannabis products rooted in purpose. The brand integrates technology with its own proprietary processes designed for every stage of cultivation, extraction and production. Viola is known for its wide variety of product offerings, from high-quality flower to premier butane extracts.

The company is also considering raising additional capital aimed at increasing supply to meet market demand. 

FinSMEs

12/01/2022