Golden Opportunities Fund invests $8 mln in Cova Software
Cova Software, a Denver, Colorado-based cannabis retail software platform, has raised US$8 million in an initial financing. The investor was Golden Opportunities Fund, a retail fund managed by Canadian private equity and venture capital firm Westcap Management. Cova provides point-of-sale solutions to cannabis retailers, including automated compliance, inventory management, reporting dashboards and a checkout app. It will use the funds raised for product development and to expand its North American footprint. Founded in 2016, Cova has its Canadian headquarters in Vancouver along with offices in Regina and Winnipeg.
21 November 2018•3 mins read
