Snoop Dogg’s cannabis VC firm leads $2.5 mln funding of Trellis
Trellis Solutions Inc, a Canadian cannabis inventory management software provider, has raised about $2.5 million (US$2 million) in funding. The round was led by Casa Verde Capital, the venture capital firm of U.S. rapper Snoop Dogg. Additional funding was provided by cannabis incubator Gateway, an existing investor, as well as Argonautic Ventures, One Gun and others. Founded in 2014 by CEO Pranav Sood, Toronto-based Trellis leverages technology to help cannabis enterprises optimize operations and comply with regulations. It said it will use the funds raised to expand in the United States and scale to accommodate demand for its software.
28 September 2017•4 mins read
