TheraTrue develops vertically integrated production and processing facilities to produce medical-grade cannabis products for registered patients. The company emphasizes science, innovation, and patient care and has an advisory board of more than 20 physicians, pharmacists, and scientists. TheraTrue has partnered with several universities in Georgia and Virginia to conduct research and plans elevated retail and patient-education experiences. The company announced $50 million in funding commitments and has applied for medical cannabis licenses in Georgia and Virginia to begin operations. TheraTrue was founded in Georgia in 2019 by Dr. Paul Judge and positions itself as a minority-owned operator focused on diversity in ownership and leadership. Victor E. Mancebo, a cannabis industry veteran, has been appointed CEO to lead deployment into new medical markets.

Total raised

$50M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2021