German tech investor leads Series A for Germany’s first medical Cannabis startup

German tech investor leads Series A for Germany’s first medical Cannabis startup

5 years ago
Anonymous $JavybBYWR5

https://techcrunch.com/2019/10/07/german-tech-investor-leads-series-a-for-germanys-first-medical-cannabis-startup/

German just hit a new milestone in the space where venture capital and the burgeoning Cannabis industry meet.

Berlin startup Demecan has completed a Series A financing round of 7 million euros to expand its production facility for medical cannabis and the wholesale trade in Germany. It’s become the only German company allowed to produce medical cannabis in Germany.

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