Bykatie Way: July Record and Acreage Holdings

bykatie way: Show Me the Money! Most recently, craft-oriented production and distribution firm Flow Kana announced its closure of a 125 million round of funding late Wednesday night, according to NOW Magazine. The firm set a new record for largest private funding round for an American cannabis company, per MJBiz Daily, unseating Acreage Holdings's July 2018 record. But what does this sudden flood of cash mean for the industry as a whole ByKatie Way Published on February 14, 2019 Share Tweet As 2019 surges forward, American cannabis executives are already seeing green in a big way, thanks to a new flood of investment in the industry from sources both stateside and international. Flow Kana CEO told MJBiz Daily the new funding will be used to double down on the supply chain strategy and allow Flow Kana to expand into other categories.' This likely means more investment in craft cannabis, particularly in Nor Cal's Mendocino County. Between the latest news and the company's pending acquisition of Pharma Cann, LLC, Med Men is on track to control 30 operational stores, with licenses for up to 78 facilities total in 12 different states, including California, New York, Florida, Nevada, Michigan and Virginia. Also on Wednesday, the dispensary magnates at Med Men announced their most recent acquisition of vertically integrated operations Kannaboost Technology Inc and CSI Solutions LLC in Arizona, per Business Wire. (www.immigrantscanada.com). As reported in the news.