? Green Growth Brands, a cannabis lifestyle consumer product company, has announced the closing of a private placement investment of $55 million, bringing the total funds raised since it announced a reverse takeover in July to more than $140 million.
The Columbus, Ohio-based company is backed by the Schottenstein family, and is led by seasoned retail veteran Peter Horvath, who played senior executive roles at American Eagle, Victoria’s Secret, DSW and Limited Brands. We’veWe’ve seen a significant amount of interest in the company, not only from consumers and industry partners, but from the investment community at large,” Horvath said in a news release. Details of the parties involved in the private placement were not disclosed.https://business.financialpost.com/cannabis/cannabis-business/cannabis-investing/green-growth-brands-raises-55-million-in-private-placement-prior-to-cse-listing