Snoop Dogg invests in cannabis startup Cansativa
Janina Gerhardt
| 17.02.2022
The US rapper invests 13 million euros in the Hessian start-up together with Argonautic Ventures and Alluti.
In a €13 million financing round, US rapper Snoop Dogg joins Casa Verde Capital to invest in Hessian start-up Cansativa. Argonautic Ventures and Munich-based family office Alluti are also investing in the cannabis start-up. The young company is now preparing for the likely upcoming legalization of cannabis. "Germany is the biggest growth market for cannabis. Our role will be to provide easy and safe access for everyone, because legalization must not become an elite project," says Benedikt Sons, founder and CEO.
Brothers Jakob and Benedikt Sons founded the start-up in 2017 together with their father Hermann Sons. In addition to cannabis flowers and medical cannabis, the young company also sells accessories in pharmacies throughout Germany. In addition, Cansativa offers other companies a platform for the distribution of cannabis as well as logistics and packaging services. With the new capital, the start-up intends to further expand its platform and add pleasure cannabis to its offering.
Newsletter
Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.
LinkedIn ConnectTake care, give care
Did this news inform or entertain you? Then we would be happy if you tell your network about it.
Share on Linkedin Share on Facebook Share on XingRelated companies
Startup
2017
Mörfelden-Walldorf
Cansativa
One-stop shop of medical cannabis as a medicine.
FYI: English edition available
Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?
FYI: Deutsche Edition verfügbar
Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?
