Cannabis brand Tokyo Smoke closes initial C$4 mln Series B

Tokyo Smoke, a Toronto-based cannabis lifestyle and retail brand, has raised C$4 million in the first close of its Series B financing. The round, which is expected to this month to exceed C$5 million, was led by Aphria Inc, a Canadian medical cannabis producer, and Green Acre Capital, a Canadian cannabis-focused private investment firm, and joined by new and existing investors. Smoke was founded in 2015 by CEO Alan Gertner and Chairman Lorne Gertner.

4 August 2017•3 mins read
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