We partner with cannabis companies that are emblematic of the industry’s potential, and our investment in Coda Signature is a perfect example of that theme in action. The company’s award-winning products are available at over 600 dispensaries in Colorado.Ĭannabis Infused-Products Sector Holds Appeal for Investment Groups Coda Signature is currently licensed in California and Colorado. In July, Coda Signature California will launch operations from a 20,000 square-foot facility in Oakland with plans to add more than 50 jobs through the end of 2019. Proceeds from the raise will also be used for strategic additions to the management team.Ĭoda Signature worked with Granite Hall Partners as the lead investor and syndicated the round with additional investment from leading firms in the cannabis industry Gotham Green Partners, MAZAKALI and Salveo Capital. The funds will be used to accelerate expansion into emerging North American markets for Coda Signature-branded premium cannabis-infused edibles, topicals and concentrates.
#CODA SIGNATURE SERIES#
OAKLAND, Calif.–(BUSINESS WIRE)–Altum Investments, parent company of The Grow Foundry California (d/b/a Coda Signature California), announced today that it has closed a $24.4 million round of Series A funding.
Leading Cannabis Infused-Products Brand Coda Signature Raises $24.4M in Series A Funding to Bolster ExpansionĬapital from Investment Groups Granite Hall Partners, Gotham Green Partners, MAZAKALI and Salveo Capital to Propel Coda Signature’s Growth in North America
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