High 12 Brands (“High 12”), a global cannabis consumer packaged goods company, announced the closing of its CDN$6,301,802 oversubscribed Series A financing. The financing was led by Zola Global Investors Ltd. (“Zola”), a family office that focuses on building lasting businesses in the cannabis industry. The investment round also included investments from JW Asset Management, Artemis Growth Partners, Cassidy Asset Management, Uji Capital, Ela Capital, and other leading global cannabis funds and executives. High 12 will use the funds to launch and build its portfolio of cannabis branded products across markets in the United States, Canada, and globally.

The company emerges as the industry shifts from a commodity, farming-centric view, towards ‘Cannabis 2.0’, focused on brands, consumers and innovative products. High 12 is well-positioned to capture market share, as licensed producers face pressure to show profitability and consumers are looking for brands that they trust and recognize, as they transition away from the illicit market.


“High 12 Brands is raising the bar on cannabis branding by bringing together a world-class management team of industry focusing on what matters most – consumers. With its asset-light model and laser focus on consumers, High 12 is uniquely positioned to win in global markets as the industry transitions towards a CPG model,” said Igor Gimelshtein, Partner of Zola.

“We are pleased to announce the closing of our Series A financing and welcome an amazing group of investors to the High 12 family,” says Michael Garbuz, Founder and Director, at High 12 Brands. “High 12 is excited to delight consumers with our segmented and diverse brand portfolio.”.

High 12’s portfolio of brands is backed by award winning strategy and creative, led by Corey Way, co-founder of High 12. Our brands target a diverse range of opportune market segments, from budget to premium consumers. Employing a consumer-focused approach to product development, High 12 Brands is setting out to raise the standard of how consumers experience cannabis.

About High 12 Brands:

High 12 is a global cannabis consumer packaged goods company. High 12 partners with best-in-class manufacturers to build and operate a portfolio of brands tailor-made for cannabis consumers. Combining a community-driven approach, data-driven marketing, and world class creative, High 12’s growing portfolio of brands includes LOUD, Symphony, alice., and Kingsway. For more information please visit high12brands.com.

All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

SOURCE

 

Cannabis - Will The Fortune 500 Join The Party?

 
Our Exclusive FREE Report Contains Information You NEED To Know About Cannabis Stock Investing!
 

The ongoing volatility seen in the cannabis investment market has left one of the most promising areas in the entire space in a bind.

Executives and investment experts across the market told the Investing News Network (INN) in recent conversations that the current style of cannabis investing can’t support the goals of publicly traded medical cannabis researchers and drug makers.

Keep reading... Show less

Le 18 octobreOctober 2021) Matica Enterprises Inc. (MMJ) has announced a name and symbol change to West Island Brands Inc. (WIB) and a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every thirty (30) pre-consolidated common shares.

As a result, the outstanding shares of the company will be reduced to approximately 10,712,484 common shares.

Keep reading... Show less

Florida’s capital city is where Trulieve opened its first retail location and will be home to its 100 th dispensary in the state

Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) (“Trulieve” or “the Company”), the largest multi-state operator (MSO) in the United States today announced the opening of its 100 th dispensary in the state of Florida . The location is in Tallahassee, Florida where Trulieve opened its first store, and was formerly branded as Harvest House of Cannabis. Trulieve will host a ribbon cutting and begin serving patients at this location at 8:30 am on Tuesday, October 19 and will celebrate the milestone at all locations statewide.

Keep reading... Show less

Virtual Investor Conferences in partnership with KCSA Strategic Communications today announced the presentations from the KCSA Psychedelics Virtual Investor Conference are now available for on-demand viewing.

Keep reading... Show less

Matica Enterprises Inc. (CSE: MMJ) (FSE: 39N) (OTCQB: MMJFF) (“Matica” or the “Company”) is pleased to announce that the Company’s subsidiary, RoyalMax Biotechnology Canada Inc. D.B.A. West Island Culture (“West Island”) has signed a Master Supply Agreement with the Ontario Cannabis Retail Corporation, doing business as the Ontario Cannabis Store (the “OCS”), which is the sole wholesale distributor of cannabis for the province. West Island was selected as part of the OCS’s Limited Release program.

Matica CEO, Boris Ziger states, “We welcome the opportunity to introduce our OUESTTM brand of premium craft cannabis to Ontario. We begin our entry into Canada’s largest cannabis market with our flagship ‘Sweet Demon’, a super premium product that has become an instant classic in the Prairies. It is a privilege to be able to serve the people of Ontario and deliver the kind of rare quality that the market is now demanding.”

Keep reading... Show less