Cannabis firm Canndescent raises $25M for expansion

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Cannabis firm Canndescent raises $25 million for expansion

By Veronica Graff / Friday, August 2nd, 2019 / Comments Off on Cannabis firm Canndescent raises $25 million for expansion

Canndescent CEO Adrian Sedlin said his Santa Barbara-based cannabis business is the No. 1 selling luxury flower brand in California. Canndescent, a Santa Barbara-based luxury cannabis company, said it recently secured approximately $25 million in capital for expansion, about half of what it is aiming for in its Series C funding round capped at $60…

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