How Much Did Bhang Raise?
Funding & Key Investors

Bhang, a prominent player in the United States cannabis consumer packaged goods sector, has successfully secured significant capital to bolster its market position. The firm has reached a cumulative financing milestone of $1.3M, underscored by a recent strategic investment of $150K. This influx of liquidity arrives as the company continues to scale its diverse product portfolio, which spans from hemp-derived cannabidiol offerings to specialized terpene-infused goods, reflecting a robust growth trajectory within the evolving regulatory landscape of the North American cannabis industry.

What is Bhang?

Bhang
ManufacturingFood & BeverageRetail

Founded in 2010 and headquartered in Las Vegas, Nevada, Bhang has established itself as a sophisticated brand house within the cannabis CPG space. The company maintains a comprehensive product ecosystem, including chocolates, pre-rolls, vapes, gums, beverages, and gummies. By focusing on high-quality, terpene-rich formulations, Bhang addresses the growing consumer demand for premium, consistent, and reliable cannabis experiences. Its operational model leverages deep industry expertise to navigate the complexities of state-by-state distribution, positioning the brand as a reliable partner for retailers and a preferred choice for end-users seeking diverse consumption formats.

How much funding has Bhang raised?

Bhang has raised a total of $1.3M across 2 funding rounds:

2020

Share Placement

$1.1M

Debt

$150K

Share Placement (2020): $1.1M with participation from Cannabis Growth Opportunity Corporation

Debt (2020): $150K led by PPP

Key Investors in Bhang

Cannabis Growth Opportunity Corporation

CGOC is an investment corporation that offers unique global exposure to the emerging global cannabis sector through an actively managed portfolio of public and private securities.

PPP

Public-Private Partnership

What's next for Bhang?

With the recent infusion of capital, Bhang is well-positioned to accelerate its enterprise-level expansion and operational efficiency. The strategic allocation of these funds will likely focus on deepening market penetration in existing states while exploring new territories where cannabis legalization is gaining momentum. Furthermore, the company is expected to prioritize R&D to maintain its competitive edge in product innovation, particularly in the beverage and edible segments. As the cannabis sector matures, Bhang's ability to leverage its brand equity and established supply chain will be critical in sustaining long-term shareholder value and navigating the competitive pressures of the broader consumer goods market.

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Frequently Asked Questions Regarding Bhang Financial Insights

What are the most recent funding rounds that Bhang has completed, and what were the funding rounds?
Bhang has recently completed 2 funding rounds: Debt on Apr 28, 2020, Share Placement on Feb 11, 2020.
What is the total amount of funding Bhang has raised to date?
Bhang has raised a total of $1.3M in funding to date.
How many funding rounds has Bhang completed?
Bhang has completed 2 funding rounds.
How much funding did Bhang raise in its most recent funding round?
Bhang raised $150K in its most recent funding round.
Who are the lead investors in Bhang's latest funding round?
The lead investor in Bhang's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Bhang's history?
The largest funding round in Bhang's history was $1.1M.
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