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
With Labour committed to spending more on defence, we need to be clearer on the trade-offs – while realising ultimately it can boost the economy
Labour believes a trade deal with the US will change its political fortunes, but there are numerous obstacles in the way
The Olympic cycling champion has brought lessons from his time in sport to his work in business
How do you build a company culture that nurtures game-changing ideas? Start with mindset, feedback and failure