C3 Industries Raises $25M In Upsized And Oversubscribed Equity Raise

Jul 16, 2021•about 4 years ago

Amount Raised

$25 Million

Ann Arbor

Description

C3 Industries ("C3"), a multi-state, vertically integrated cannabis company, announced the close of its substantially oversubscribed $25 million capital raise led by existing investor Madison Square Park Capital. Current investor Welcan Capital and new institutional investor Navy Capital, among others, also participated in the round. C3 previously closed $40+ million of capital in a series of private rounds, bringing the total amount of capital raised to date to roughly $65 million, all of which has been sourced via direct relationships and without any involvement from banks or placement agents.

Company Information

Company

C3 Industries

Location

Ann Arbor, Michigan, United States

About

C3 Industries is a multi-state, vertically integrated cannabis company headquartered in Ann Arbor, Michigan, with the award-winning product brand, Cloud Cover Cannabis, and a retail network, High Profile. The company produces high-quality cannabis products across all categories in Oregon and Michigan and is soon to launch in Massachusetts and Missouri. For more information, visit www.c3industries.com. Additional information about High Profile Boutique Cannabis can be found by signing up for the company's newsletters at www.highprofilecannabis.com and on Instagram at @highprofileofficial. Additional information on Cloud Cover Cannabis can be found at www.cloudcovercannabis.com and @cloudcovercannabis on Instagram.

Funding Insights

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C3 Industries Raises $25M In Upsized And Oversubscribed Equity Raise

Description

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Company Information