California marijuana grower Canndescent closes $10M raise to boost output

Canndescent, a major California cultivation company, has closed a $10 million Series B offering to finance the launch of new products and expand its production capacity by some eightfold. The lead investors in the raise are Floret Ventures, a San Francisco-based consultancy and investment firm, and Altitude Investment Partners in New York. Santa Barbara-based Canndescent plans […] California marijuana grower Canndescent closes $10M raise to boost output is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs