Canndescent (pronounced Can-Des-Ent) cultivates ultra-premium cannabis flower for the adult-use, market, and is California's #1-selling flower brand. In 2016, Canndescent became the first cultivator in the world to abandon traditional strain names, implementing a more shoppable, strain architecture of Calm, Cruise, Create, Connect and Charge. The company produces over 10,000 pounds of cannabis each year and is often described as the inventor of luxury cannabis. Consumers can purchase Canndescent products at leading dispensary and delivery services throughout California.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
01/25/18 | $10,000,000 | Series B |
Altitude Investment Partners Floret Ventures | undisclosed |
09/10/19 | $27,500,000 | Series C |
Altitude Investment Management Carnegie Arch Capital Green Acre Capital JW Asset Management Senterra | undisclosed |