VC-backed Tokyo Smoke, Nesta form cannabis brand house
Tokyo Smoke has partnered with Chuck Rifici and Ian Rapsey of Nesta Holding Co, a Canadian cannabis private equity firm, to form Nesta Brand Co, a brand house that will license cannabis brands for distribution. Led by Rapsey as CEO, Nesta Brand Co will build global partnerships to license existing products on sale in Europe, America and elsewhere for distribution in the Canadian market. Tokyo Smoke, a Toronto cannabis lifestyle brand and developer of retail spaces, raised a $3 million Series A financing in January. The round's backers included Globalive Capital.
7 March 2017•4 mins read
