KannaSwiss supplies bulk CBD isolate and distillate as well as a range of CBD wellness products, including hemp oil, tinctures, creams and cosmetics. Founded in 2014 by Ivan Enderli and led by CEO Boris Blatnik, the company serves European customers from Kölliken, Switzerland. It operates three divisions: Health & Wellness and Bulk Sales (active) and a Medical division under development through joint ventures. KannaSwiss raised $5.5M to materially scale its commercial ethanol extraction operations and expand both bulk sales and branded product development. The company plans to use the funds to add production capabilities and increase biomass intake to meet customer demand. Management is also targeting accelerated attainment of ISO 9000 and GMP certification to support its growth.

Total raised

$6M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2019