Los Angeles-primarily based Future State Brands, a customer brands cannabis holding business, received $25 million of funding led by Cresco Capital Partners.
The proceeds will be made use of by the holding business for item improvement and prospective acquisitions.
Dallas-primarily based Cresco Capital is a cannabis-focused investment group which has allocated at least $85 million to the market because its inception in 2014.
A lot more facts on the funding can be discovered right here.
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