Los Angeles cannabis company Vertical Cos. said it's raised $58 million in a Series A round of financing.
The company said it's now raised a total of $65 million in the past five years and is getting ready to spin off its hemp-based cannabidiol (“CBD”) assets — Vertical Wellness — later this year.
Investors in the latest round of financing include cannabis industry private equity fund Merida Capital Partners. Other investors, Vertical said, include "numerous global business leaders, including…
