Aphria leads $CA6M raise for fellow Canadian cannabis company

Toronto-based cannabis lifestyle brand Tokyo Smoke has wrapped up a Series B funding round of 6 million Canadian dollars ($4.7 million).

The funding was led by Aphria Inc. (TSX: APH), one of Canada’s biggest licensed medical marijuana growers, and Green Acre Capital Fund I LP, a fund dedicated to investing in marijuana properties.

According to a news release, Tokyo Smoke – which also retails coffee and clothing – has raised over CA$10 million ($7.9 million) in the past 10 months, including CA$3 million in a Series A Round in January.

Here’s what

…

Aphria leads $CA6M raise for fellow Canadian cannabis company is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Read More: Aphria leads $CA6M raise for fellow Canadian cannabis company