Tech Company Financing Transactions
Cannect Wellness Funding Round
Cannect Wellness closed a $7.5 million financing round on 3/21/2023. Backers included private investors.
Transaction Overview
Company Name
Announced On
3/21/2023
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to complete construction of phase one of their 62,000 square foot, state-of-the-art cultivation and product manufacturing facility located just outside of Chicago.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
805 Lake St 397
Oak Park, IL 60301
USA
Oak Park, IL 60301
USA
Phone
Undisclosed
Website
Email Address
Overview
Cannect is a leading cultivator and manufacturer of premium, craft cannabis products. our commitment to excellence is evident in every step of our process, from cultivating the finest flower using sustainable, organic methods to manufacturing premium products that highlight the natural beauty and potency of the plant. we are dedicated to minimizing our environmental impact and ensuring that our customers receive only the purest and highest quality products available.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gabe Singal
Browse more venture capital transactions:
Prev: 3/21/2023: Oleria venture capital transaction
Next: 3/21/2023: Artera venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs