European cannabis market operator Bloomwell Group recently closed a seed funding round of more than $10 million dollars.
This is one of the largest seed investments the European cannabis market has seen to date. The investment round was led by U.S.-based Measure 8 Venture Partners, a fund founded by Curaleaf Holdings Inc CURLF’s executive chairman Boris Jordan, who will also join Bloomwell Group’s board.
Niklas Kouparanis, CEO and co-founder of Bloomwell Group told Benzinga that
“Bloomwell Group is transforming the healthcare and medical cannabis market in Europe. We have already seen success from our far-reaching D2C, direct-to-patient approach, and look forward to propelling the next generation of natural-based medicine forward," Kouparanis said. "As the market continues to mature, our consumers will benefit from our portfolio companies' innovative and scalable solutions focused on digitalization.”
Más contenido sobre cannabis en Español en El Planteo.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Cannabis is evolving – don’t get left behind!
Curious about what’s next for the industry and how to leverage California’s unique market?
Join top executives, policymakers, and investors at the Benzinga Cannabis Market Spotlight in Anaheim, CA, at the House of Blues on November 12. Dive deep into the latest strategies, investment trends, and brand insights that are shaping the future of cannabis!
Get your tickets now to secure your spot and avoid last-minute price hikes.