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CryoMass Announces Non-Dilutive Financing Agreement

PRIVATEJan 30, 2024

Amount Raised

$6 Million

Round Type

Debt Financing

DenverOtherManufacturingBiotechnologyAgriculture and FarmingCannabis

Investors

Crym Co Invest Gp

Description

CryoMass Technologies Inc. today announced that it has reached terms of an agreement with CRYM Co-Invest GP, a company affiliated with CryoMass (''GP'') for a non-dilutive financing arrangement of up to US$6 million. The financing structure provides growth capital to CryoMass while enabling wider deployment of the Company's game-changing processing technology.

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Company Information

Company

Cryomass Technologies

Location

1001 BANNOCK STREET, SUITE 612

Denver, Colorado, United States

About

CryoMass Technologies Inc. develops and licenses cutting-edge equipment and processes to refine harvested cannabis, hemp, and other premium crops. The company’s patented technology harnesses liquid nitrogen to reduce biomass and then efficiently isolate, collect, and preserve delicate resin glands (trichomes) containing prized compounds like cannabinoids and terpenes.

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Related People

1 contact
Verified contacts28 people are listed at Cryomass Technologies. We don't have their email yet.See plans and pricing
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Cryomass Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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