Josh Dornbrack- 12 April 2021
Alphagreen, a European marketplace for cannabis products is launching the largest ever crowdfunding raise in the CBD and medical cannabis space.The cash injection will be used to grow its e-commerce and digital marketing operations and expand into new global territories.Retail investors can register their interest in buying into the London-based start-up via the Seedrs equity crowdfunding platform. Existing investors include Stockholm-based Enexis AB, US cannabis fund West Creek Investments and angel investors, including Igor and Oleg Tikhturov.Co-founder and CEO of Alphagreen, Alexej Pikovsky, said: “The cannabis industry is here to stay. The global market is poised for a significant growth phase and Alphagreen is perfectly positioned to capitalise on the increased use of medicinal cannabis and fundamental changes to the way the cannabis and CBD market will function.”
Related and recommended
Australian entrepreneur Tim Fung believes that you should prioritise developing internal talent when growing a business
Discover how the first 100 days, the 80/20 principle and four timeless rules can reset your business for growth
Steve Brass explains how he promotes psychological safety at work to foster innovation
Major career setbacks can be moments to take stock and recalibrate, according to US tech boss Sanjay Poonen