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Ann Arbor Michigan based C3 Industries is raising $15,000,000.00 in Debt Financing.

Ann Arbor Michigan based C3 Industries is raising $15,000,000.00 in Debt Financing.

December 23, 2020 Craig Etkin

Ann Arbor, MI – According to filings with the U.S. Securities and Exchange Commission, C3 Industries is raising $15,000,000.00 in new funding. Sources indicate as part of senior management President and Chief Financial Officer, Vishal Rungta played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About C3 Industries

A passion for cannabis combined with a desire to produce premium, high-quality products led brothers, Ankur and Vishal Rungta, and long-time friend, Joel Ruggiero, to launch their multi-state business, C3 Industries (C3I). The company, comprised of cultivation and manufacturing facilities and retail locations, is dedicated to masterfully crafting, branding and selling premium cannabis products in legal medical and recreational markets. With the passage of medical cannabis regulations in Michigan and the company’s demonstrated success in Oregon, C3 Industries expanded its operations into Michigan with a new, state-of-the-art, 36,000-square-foot Cloud Cover Cannabis cultivation and manufacturing center in Webberville, Michigan, and a portfolio of High Profile retail stores around the state including in Ann Arbor, Detroit, Grant, Buchanan and Grand Rapids.

To learn more about C3 Industries, visit http://c3industries.com/

Contact:
Vishal Rungta, President and Chief Financial Officer
248-255-1283
https://www.linkedin.com/in/vishal-rungta-6034551a/

SOURCE: http://www.intelligence360.io
Copyright (c) 2020 SI360 Inc. All rights reserved


Venture Capital
440, Ann Arbor, C3 Industries, Michigan, Venture Capital

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