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Viola Closes $13 Million Bridge Round

Viola Closes $13 Million Bridge Round

01/12/22, 9:28 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svglos angeles
Money raised
$13 million
Industry
food and beverage
health care
Viola, the leading Black-owned multinational cannabis brand, rooted in building equity within the space, announced the closing of a $13 million equity funding round. DelMorgan & Co., an internationally recognized investment banking firm headquartered in Santa Monica, California, acted as an exclusive strategic transaction advisor to Viola in connection with the transaction.

Company Info

Company
Viola
Location
los angeles, california, united states
Additional Info
Viola is the leading Black-owned producer and licensed wholesaler of premium cannabis products rooted in purpose. Founded in 2011, NBA veteran Al Harrington was inspired to launch the brand by his grandmother, Viola, who suffers from glaucoma and diabetes and found solace in cannabis remedies. The brand integrates the latest cutting-edge technology with its own proprietary processes designed for every stage of cultivation, extraction and production. Viola is known for its wide variety of product offerings, from high-quality flower to premier butane extracts. From regulation to representation and reform, Viola's mission is to create opportunities for communities of color in the cannabis industry.