Enlighten is a multifaceted cannabis technology company that provides a media and adtech platform reaching cannabis consumers. Based in Bowling Green, Kentucky, the company serves nearly 1,000 cannabis and hemp businesses, including dispensaries, cultivators and producers, head shops, cannabis lounges and healthcare facilities. Led by Chairman and CEO Jeremy Jacobs, Enlighten positions itself as a full-scale enterprise technology solution for the cannabis industry. The company intends to use the Series B proceeds to further expand its TV network, finalize new technology and data solutions, and expand its wellness division focused on alternative health. Financially, the company closed an over $6.5 million Series B round. Investors in the round included Tuatara Capital, L.P. as lead and participation from Arcadian New Venture Fund, L.P. Eyechronic operates an ad-based television network that broadcasts real-time content on large screens placed in legal cannabis dispensaries across the U.S. The network runs social media walls, trivia, weekly educational segments and recent news to engage customers, increase revenue, and raise brand awareness. The company sells marketing services to dispensaries and cannabis brands and designs content to maximize effectiveness at point of sale. Eyechronic is led by co-founder and CEO Jeremy Jacobs. It raised $3M in a Series A that brings total capital raised to $5.25M. The new funding is intended to enable expansion into new markets, including California after that state’s adult-use launch on January 1, 2018.

Total raised

$10M

Funding rounds

2

Latest round

Series B

Latest activity

Jun 2019