Tuatara invests $3.3 million in Colorado cannabis extracts firm

Tuatara invests $3.3 million in Colorado cannabis extracts firm

Tuatara invests .3 million in Colorado cannabis extracts firm

Tuatara Capital, a New York-based canna-centric investment private equity fund, has invested $3.3 million in marijuana extracts company Green Dot Labs.

Boulder, Colorado-based Green Dot Labs initially had sought raise $2.6 million in its Series A round, but Tuatara supplied all of the funding – and then some – a spokeswoman for the extracts company told Marijuana Business Daily.

According to a news release, Green Dot Labs is developing its own methods for indoor cultivation and extraction as well as products for Colorado’s growing edibles and concentrates market.

Tuatara also will provide a strategic

Tuatara invests $3.3 million in Colorado cannabis extracts firm is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: MJBizDaily