Cansativa Group announced today it has closed a $15M Series B investment. The funding round was led by Casa Verde with participation by Argonautic Ventures and Munich-based family office Alluti. This represents Casa Verde's largest investment in Germany and in Europe to date.

Cansativa Group is Germany's largest medical cannabis distributor, one of the country's largest cannabis businesses and a driving force within Germany's rapidly evolving cannabis industry. The company's B2B platform manages every stage of the cannabis value chain from import, to distribution and related logistics, serving thousands of pharmacies across the country. Through an exclusive agreement with Germany's regulatory body, Cansativa is the only company permitted to distribute domestically-grown medical cannabis.

Cansativa Group Closes $15M Series B To Become The 'Amazon' Of Cannabis For Europe

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Cansativa Group Closes $15M Series B To Become The 'Amazon' Of Cannabis For Europe

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