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AltMed

1451 Global Ct, Sarasota, FL, 34240, United States

Overview

Alternative Medical Enterprises, LLC (doing business as AltMed Enterprises) operates as an integrated medical-cannabis company focused on developing, producing and dispensing medical cannabinoids. Its MÜV brand of premium cannabis products is sold in dispensaries across Arizona and is expected to be available for Florida patients beginning this summer. The company is led by Matthew Duffy, President and COO. AltMed is expanding its cultivation facility from 50,000 to 150,000 square feet to accommodate demand. It plans to launch in the Florida medical marijuana marketplace and build out its 25 authorized dispensaries. The company also intends to grow the MÜV brand nationally and internationally and conduct R&D activities.

Total raised
$35M
Funding rounds
1
Latest round
Equity
Latest activity
Apr 2018

Industries

  • Cannabis
  • Health Care
  • Medical
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Recent funding

  1. Equity

    Apr 2018

    $35M

Team

  • R. Michael Smullen

    Co-Founder, President and CEO

    LinkedIn
  • Christopher Witowski

    Chief Scientific Officer

    LinkedIn
  • David I Reader

    Director

  • Todd Marcotte

    CMO