According to filings with the U.S. Securities and Exchange Commission, UrbanXtracts is raising $7,063,630.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Eran Sherin 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 UrbanXtracts
urbanXtracts holds a dual license to grow and process hemp in the state of New York. Our seed to market infrastructure was designed to empower brands and developers within the industry. urbanXtracts is a boutique cannabis company located in Warwick, New York, offering a comprehensive seed-to-market ecosystem that includes the Cultivation, Processing, Manufacturing, and Distribution of high-quality cannabis and hemp products. Since its inception in 2018, the company has been producing premier products for brands using state-of-the-art techniques including Ethanol extraction to Distillate and Solventless extraction to Rosin. urbanXtracts is fully compliant with NY State laws and aligned with the New York Office of Cannabis Management to ensure that our cannabis products are produced and marketed in a responsible and safe manner.

To learn more about UrbanXtracts, visit http://www.urbanxtracts.com/

Contact:
Eran Sherin, Chief Executive Officer
212-925-1070
https://www.linkedin.com/in/eransherin/

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