Benzinga Logo

FOR ONLY $0.99:  During this bear market you can follow full-time trader Chris Capre & get his options trades signals in real-time. Click Here to See His Next Trade!

Cannabis Hiring Platform Vangst Raises $19M Via Series B Funding Round To Support Influx Of Jobs

Cannabis hiring platform Vangst revealed Thursday that it has secured $19 million in financing through a Series B funding round.

Led by Level One Fund with participation from previous investors including Lerer Hippeau, Colle Capital, Casa Verde Capital, Phyto Partners and new investors including L2 Ventures, Althea, Delta Emerald Ventures, Achari VC, the round highlights the Vangst's growth over the last three years, the Denver-based company said.

What It Means For Vangst

Vangst intends to utilize the new funding to expand its platform into new markets to support the influx of jobs as well as to launch products that support both cannabis businesses and employees, including training and employee payment solutions.

The Vangst platform streamlines the hiring process by matching both full-time employees as well as vetted, credentialed, W2, on-demand GIG workers with cannabis businesses across the U.S. Currently, Vangst works with 1,200 of the leading cannabis businesses, including Green Thumb Industries Inc. (CSE:GTII) (OTCQX:GTBIF), Dutchie and Holistic Industries.

This is how you can potentially earn extra income every single month...

Former leading hedge-fund trader Chris Capre is the real deal. With his simple options trading strategy, he's helping thousands of traders by sharing his trade signals in real-time. Click Here to get his Trades for only $0.99. ⭐⭐⭐⭐⭐ "My only regret is I wish I joined earlier..."


Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Cannabis Hiring Trends

Over the past year, the cannabis sector reported a 25% increase in full-time employees and currently employs over 400,000 individuals, the company noted. Moreover, cannabis employment is expected to grow 100% by 2025.

"Cannabis is an undeniably large and fast-growing market, and Vangst is the only company offering scalable recruitment solutions tailored for the industry's unique needs," James Stewart, managing partner at Level One Fund said. "Few, if any industries, share the constant state of flux and unpredictability that cannabis has, and consequently, there are only a handful of founders equipped to handle the challenges that come with it. Vangst is not only an extremely effective solution to these challenges, but its founder is a true force of nature. We are proud to lead this round and support Vangst as it continues to be a crucial utility to the entire industry."

Related News

Want To Work In Weed? Check Out This Free Virtual Michigan Cannabis Career Fair On 6/12

Exclusive: Vangst Launches Executive Talent Service For Cannabis Industry

What You Need To Know About Vangst's New, Free Cannabis Recruitment Platform

Photo: Courtesy of Clem Onojeghuo on Unsplash

Posted In: hiringJames StewartjobplatformVangstCannabisNewsFinancingOfferingsMarkets

If Your Trading Account Had Even $5,000 You Could Have Potentially Made $3,000 in the Past 14 Days...

Just imagine the results you would get if you had a full-time trader whispering what to buy and sell in your ear. Even a trading account with $5000 could have the potential to net upwards of $3000 in profit in the last 14 days if you had joined Chris Capre's Trade Alert Signals... Take a look some example trades below...

For a limited time only, we are giving access away for practically nothing... All it takes to get instant access to his next trades is $0.99. Click Here to Get Immediate Access to His Next Trade Signals

Time is running out... to get access to our #1 rated options trading alerts for only $0.99. Think of all the things you buy that are more than $0.99, perhaps an extra cup of coffee, or a subscription to a streaming service. But ask yourself, are those purchases really driving you to build wealth or distract you from your goals? If you are reading this then you are most likely interested in earning more to secure your financial future for your family. Click Here to Start getting Real-time Options Trade Alerts from Full-time Trader Chris Capre for Only $0.99!  ⭐⭐⭐⭐⭐