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Ann Arbor Michigan based C3 Industries is raising $25,000,000.00 in New Debt Financing.

Ann Arbor Michigan based C3 Industries is raising $25,000,000.00 in New Debt Financing.

June 16, 2021 Craig Etkin

Ann Arbor, MI – According to filings with the U.S. Securities and Exchange Commission, C3 Industries is raising $25,000,000.00 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

C3 Industries is building a premier, vertically-integrated cannabis company in select markets and delivering high-quality products with strong brand recognition. C3I launched in spring 2018 with a state-of-the-art, 36,000-square-foot indoor cultivation facility in the St. Johns neighborhood of Portland, Oregon. Within six months of opening, C3I’s premium indoor flower brand, Cloud Cover Cannabis, became one of the top five indoor flower brands in Oregon. 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
vishal@c3industries.com
https://www.linkedin.com/in/vishal-rungta-6034551a/

SOURCE: http://www.intelligence360.io
Copyright (c) 2021 SI360 Inc. All rights reserved


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

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