Tuesday, June 12, 2018

PR0HBTD Picks Up $12M For Cannabis Media Brand

Los Angeles-based PR0HBTD, a startup which says it is developing a "cannabis lifestyle media and brand platform", announced this week that it has raised a Series A investment round worth $8M, bringing its total raised to $12M. The company said lead investor was Delavaco Group, and also included Donald Glover, Swedish House Mafia's Axwell Hedfors, Joel and Benji Madden, Peter Lewit, Steve Shapiro, Joey Houssian, Serruya Private Equity, Delavaco Capital, Cresco Capital, Green Acre Capital, Clarus Securities, Explorer Equity Group, and many, many others.

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