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TheraTrue Announces $50M Funding Round

2021-02-25
ATLANTA, GA, TheraTrue, a minority-owned medical cannabis production company, has received $50 million in funding commitments.
Today, TheraTrue announced the addition of cannabis industry veteran Victor E. Mancebo as the company's Chief Executive Officer. In addition, TheraTrue has received $50 million in funding commitments and submitted medical cannabis license applications in Georgia and Virginia. These applications mark the first major actions of TheraTrue Inc. in the medical cannabis industry. TheraTrue is committed to using extensive research and cutting-edge technology to provide vertically integrated production facilities designed to safely deliver medical grade cannabis products to patients in Georgia and Virginia.

TheraTrue was founded in Georgia in 2019 by scientist, entrepreneur, and investor, Dr. Paul Judge. TheraTrue prides itself on its commitment to operating fully regulated, transparent, and highly professional facilities that will deliver vital products to improve the quality of life for patients suffering from debilitating medical conditions. TheraTrue will redefine the medical cannabis patient experience by offering an elevated in-store atmosphere, opportunities for patient education and unparalleled customer service. TheraTrue's mission is to deliver safe, quality products developed at our processing site and thoughtful, personalized patient care through our proposed retail outlets. TheraTrue's medical advisory board includes over 20 physicians, pharmacists and scientists. TheraTrue has partnered with several universities in Georgia and Virginia to conduct research. For more information, visit theratrue.com.
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