Craft cannabis firm Flow Kana closes record $125 million funding round

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California-based marijuana producer and distributor Flow Kana closed a $125 million funding round – which appears to be the largest private funding round for a cannabis company in the United States.

The previous record was held by Acreage Holdings that closed a $119 million raise in July 2018.

Flow Kana’s latest funding round was led by Gotham Green Partners, a New York-based private equity firm that has previously invested in the company.

This raise will be used to “double down on

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