How Much Did Bhang Raise?
Funding & Key Investors

Bhang, a prominent player in the United States cannabis consumer packaged goods market, has secured significant enterprise-level funding, with its total capital raised standing at $1.3M. The company recently announced a major strategic investment of $150K, underscoring its continued growth and market expansion efforts in the dynamic cannabis industry.

What is Bhang?

Bhang
ManufacturingFood & BeverageRetail

Founded in 2010 and headquartered in Las Vegas, Nevada, Bhang has established itself as a comprehensive cannabis and hemp-derived cannabidiol (CBD) brand company. Its diverse product line spans across various categories, including chocolates, pre-rolls, vapes, gums, beverages, and gummies, catering to a broad consumer base. The company's strategic focus on developing and marketing a wide array of cannabis and terpene-infused products positions it as a key entity within the evolving legal cannabis landscape.

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

Cannabis Growth Opportunity Corporation (CGOC) is an investment corporation focused on providing global exposure to the emerging cannabis sector through a managed portfolio of public and private securities.

PPP

Public-Private Partnership

What's next for Bhang?

The recent major strategic investment signals a pivotal phase for Bhang, likely enabling accelerated expansion of its product offerings, market penetration, and potentially research and development into new formulations. This infusion of capital, alongside its existing total funding of $1.3M, suggests a strategic push towards scaling operations and solidifying its market position. Future developments may include broader distribution networks, strategic partnerships, and further product innovation to capitalize on the growing consumer demand for cannabis-derived goods.

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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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