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Warwick Rhode Island based Alluvion Brands is raising $20,000,000.00 in New Equity Investment.

Warwick Rhode Island based Alluvion Brands is raising $20,000,000.00 in New Equity Investment.

March 2, 2021 Craig Etkin

Warwick, RI – According to filings with the U.S. Securities and Exchange Commission, Alluvion Brands is raising $20,000,000.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Armand Spaziano 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 Alluvion Brands

Based on its strong history of creating a successful medical cannabis business in the state of Rhode Island as well as other states including potential acquisition which have their own SOPs, Alluvion has developed an extensive set of standard operating procedures (SOPs). These SOPs, along with existing relationships both with growers, processors, distributors, and academics, give Alluvion a significant competitive advantage. By teaming with the URI College of Pharmacy and establishing our own independent laboratory, we will develop hemp-based CBD products using scientific analysis of the efficacy and efficiency of the products.

To learn more about Alluvion Brands, visit http://www.thealluvionbrands.com/

Contact:
Armand Spaziano, President and Chief Executive Officer
401-385-5900
https://www.linkedin.com/in/armand-spaziano-8341535/

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


Venture Capital
6480, Alluvion Brands, Providence-Fall River-Warwick, Rhode Island, Venture Capital, Warwick

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