Miley Cyrus, Mark Ronson Among Lowell Herb's Backers

California-based Lowell Herb Co. announced Tuesday that its recent funding round was supported by celebrities and A-list investors Miley Cyrus, Chris Rock, Sarah Silverman and Mark Ronson.

The celebrity support has helped the cannabis brand become popular nationwide, according to the company.

"We are thrilled to have such talented artists join our investment round, and we welcome them to the Lowell family. We are grateful to have such strong support from the creative community, and we are all looking forward to the end of cannabis prohibition," David Elias, Lowell's co-founder and CEO, said in a statement.

The amount of the funding round was not disclosed.

Click here for more information about the upcoming Benzinga Cannabis Capital Conference Oct. 22-23 in Chicago.

Lowell Herb Co. has launched a social justice program hat provides working opportunities to non-violent cannabis offenders, who are often harmed by unfair cannabis laws, the company said.

Lowell Herb Co. is planning to open Lowell Farms: A Cannabis Cafe in September, which the company said will be the first restaurant in America where costumers can openly consume cannabis.

Don’t miss out on the top cannabis stories of the day. Click here to sign up for our daily insider newsletter.

Market News and Data brought to you by Benzinga APIs
Posted In: CannabisNewsRestaurantsMarketsGeneralLowell Herb Co.marijuanapotweed
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

The Benzinga Cannabis Capital Conference is coming to Florida

The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.

Get your tickets now on bzcannabis.com – Prices will increase very soon!


Loading...