Viola is a Black-owned Los Angeles-based producer and licensed wholesaler of premium cannabis products, offering a wide variety from high-quality flower to premier butane extracts. The brand integrates technology with proprietary processes across cultivation, extraction and production. Viola closed a $13M equity bridge funding round to support expansion and marketing initiatives. Proceeds will be used to expand into Pennsylvania, Illinois, New Jersey and Maryland and to continue executing strategic marketing plans. The company is considering raising additional capital aimed at increasing supply to meet market demand. Viola is a Los Angeles, California-based producer and licensed wholesaler of premium cannabis products founded by NBA veteran Al Harrington, who serves as CEO. The company cultivates premium flower and processes butane extracts, managing every aspect of production and applying technologies to ensure consistency and quality. Viola currently sells products in Colorado, Oregon, Michigan and California. The company plans to expand into Maryland, Nevada and Arizona in 2020. Viola closed a $16M funding round led by Gotham Green Partners. It intends to use the proceeds to acquire a 34,500 sq. ft cultivation, processing and distribution facility in Adelanto, California; to complete a 48,000 sq. ft facility in Detroit, Michigan; and to grow its personnel with key new hires.

Total raised

$29M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2022