Future State Brands (FSB) is a Los Angeles-based consumer goods and marketing holding company overseeing a portfolio of THC, hemp and CBD brands. Its current portfolio includes hemp beauty line Hempathy; functional beverage platform Ceeby Dee’s; art-centric infused wearables The Patch Co.; and music-driven flower brand Heavy Grass. FSB recently acquired a majority interest in premium hash brand Hot Nife and is working with founder Circe Wallace to reintroduce the brand to market. The company says it will use the capital to develop innovative products, pursue acquisitions and build brands that resonate with target consumers. FSB’s flagship icon PRØHBTD launched a new website integrating content and e-commerce and the brand is expanding beyond its digital footprint into cannabis and street-style consumer products. The company has transitioned several PRØHBTD executives into Future State Brands leadership and made multiple senior hires across consumer brands, sales, design and finance.

Total raised

$25M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2019