Sacramento-based global wholesale spice merchant Starwest Botanicals Holdings LLC has raised $3.5 million in an equity offering, according to a filing with the Securities and Exchange Commission.
The new money will be used to build up inventory, Starwest CEO Cole Daily told the Business Journal.
“Our sales are doing so well we need more inventory,” he said, adding that the supply chain constraints of the past two years have finally eased to the point where it can more easily get some of its…
