Serruya co-leads $6 mln Series B round of Plus Products

Plus Products, a U.S. branded cannabis products maker, has raised US$6 million in a Series B financing. The round was led by Serruya Private Equity, which invests on behalf of Canada's Serruya family, and Navy Capital Green Fund, a U.S. cannabis investor. Founded in 2015, Plus Products manufactures cannabis-infused edibles from a 12,000 square-foot facility in Adelanto, California. The company will use the funds raised for rapid production capacity expansion, factory automation, working capital, and new product development.

10 April 2018•3 mins read
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