Turning Point Brands Makes Strategic Investment into dosist™ A World-Class and Globally Recognized Cannabis Brand
LouisvilleOtherManufacturingFashionRetailDescription
Turning Point Brands, Inc. (“TPB”) (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products with active ingredients, today announced a $15 million strategic investment in leading global cannabinoid company dosist™ and an exclusive co-development and distribution agreement of a new national CBD brand, created in partnership with dosist’s thc-free business unit. Additionally, TPB has an option to invest another $15 million at pre-determined terms within the next 12 months.
Quick answer
Turning Point Brands, Inc. raised an undisclosed amount in a funding round, dated October 27, 2020. Turning Point Brands, Inc. is based in Louisville, Kentucky, United States.
- How much did Turning Point Brands, Inc. raise?
- Turning Point Brands, Inc. raised an undisclosed amount in a funding round on October 27, 2020.
- What does Turning Point Brands, Inc. do?
- Turning Point Brands is a provider of Other Tobacco Products (“OTP”).
- Where is Turning Point Brands, Inc. based and how big is it?
- Turning Point Brands, Inc. is based in Louisville, Kentucky, United States. Fundz records about 325 employees.
Source: Fundz verified event record.
Who else raised in Fashion and Retail around the same time
Companies in the same sectors as Turning Point Brands, Inc. that raised within 45 days of this round, from Fundz verified event records.
- Neptune Wellness Solutions raised $35M on November 5, 2020.
- Xero Shoes raised $13M on December 10, 2020.
- Hodinkee raised an undisclosed amount (Series B) on December 2, 2020.
- Olivela raised $494K (Seed) on October 28, 2020.
- J.Jill raised $2M (Seed) on October 9, 2020.
- GoodBuy Gear raised $6M on October 6, 2020.
Who to call at Turning Point Brands, Inc., and when
A new round usually means Turning Point Brands, Inc. is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Turning Point Brands, Inc. raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Turning Point Brands, Inc., from your own LinkedIn network
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Turning Point Brands, Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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