#sanity group

[cannabisbusinessexecutive]

Sanity Group’s Record Funding Round Led By BAT Could Bring More Big-Tobacco Capital To Cannabis, But Concerns Remain Over Conflicts Of Interest

Sanity Group’s Record Funding Round Led By BAT Could Bring More Big-Tobacco Capital To Cannabis, But Concerns Remain Over Conflicts Of Interest

By Ben Stevens LAST week Berlin-based cannabis operator Sanity Group closed Europe’s largest ever cannabis investment round worth €37.6m, bringing its total funding to date to over €100m. While the Series B round saw long term investors like Casa Verde Capital increase their holding, it was notably led by tobacco giant British American Tobacco (BAT), marking its second cannabis investment in less…

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[cannabisbusinessexecutive]

Restoration Of Sanity To European CBD Market Boosts German Cannabis Firm’s $4.8m Fundraise

Restoration Of Sanity To European CBD Market Boosts German Cannabis Firm’s $4.8m Fundraise

GERMAN cannabis firm Sanity kept a clear head to secure $4.8m of new investment – despite the European Commission’s recent narcotic CBD implosion. Its latest successful fund-raising round involves a number of high profiles celebrity investors including Black Eyed Peas frontman Will.iam, US actress Alyssa Milano and German international footballer Mario Goetze. Co-CEO Finn Hänsel, who is also…

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