Multistate cannabis operator Vertical to spin off hemp-based CBD business after $58M raise

Hemp Industry Daily
By Jenel Stelton-HoltmeierApr 2, 2019, 6:34 pm308 pts
In a lead-up to spinning off its hemp-based CBD interests, Los Angeles-based Vertical Companies closed a $58 million Series A funding to build out the company’s footprint and bring its brands to market. A subsidiary, Vertical Wellness, a hemp-based CBD operator and brand firm with 2,000 acres of hemp…

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