Cannabis Brand 1906 Raises $18 Million in Funding – New Cannabis Ventures


Corporation Introduces New Item, 1906 Drops, A Big Leap Forward in Cannabis Medicine

Denver, CO – October 28, 2019 – 1906, one particular of the most recognized and quickest-expanding brands in cannabis nowadays, announced that it closed $18 million in its most current capital raise. The round was led by Navy Capital and incorporated a variety of institutions, higher net worth folks and 1906’s current investors. 1906 will use the investment to fund the company’s launch in the added states of Illinois, Massachusetts, and Michigan.

Navy Capital’s investment in 1906 reflects our belief that it is one particular of the finest brands in the nation. We are pretty impressed with the organization whose quickly acting formulations represent the cutting edge of cannabis. Our investment will aid 1906 develop into one particular of the major brands in the new adult use markets of Illinois, Massachusetts and Michigan.

Sean Stiefel, a Navy Capital portfolio manager

1906 has just released Drops, pressed tablets (or tablets) that represent the new frontier in cannabis medicine. Created immediately after years of study and testing, Drops are the only pill on the industry to combine medicinal cannabis with plant medicines for targeted effects. Like all 1906 goods, Drops employ a patented quickly acting technologies that makes use of lipid microencapsulation for speedy onset (beneath 20 minutes), the quickest technologies in the market.

1906 Drops combine hugely productive plant medicines with a low dose of THC plus CBD to produce a suite of transportable, discreet, vegan, and zero calorie medicinal formulas in a familiar user-friendly format for each day remedies—a swallow-in a position coated pill.

With Drops, cannabis medicine has ultimately arrived. For far also lengthy, buyers and individuals have had to rely on smoking cannabis in order to get quickly onset time and distinct effects. Soon after years of R&ampD, we have ultimately brought a healthier, far more productive solution to the cannabis marketplace.

1906 Founder Peter Barsoom

And for the 1st time, we’ve introduced a new expertise for cognitive enhancement, Genius, which we think will ultimately kill the Reagan-era propaganda that cannabis is brain-dulling.

1906 Drops come in six quickly-acting, plant-primarily based experiences to optimize just about every element of your day. Every is thoughtfully formulated with THC, CBD, and adaptogens/herbs to produce enhancements for power, arousal, relaxation, sleep, concentrate, and mood. Drops formulations are as follows:

  • 1906 Genius, is an optimal blend of five plant medicines, caffeine and cannabis to market cognitive overall performance. (two.5mg THC / two.5mg CBD)
  • 1906 Chill, a distinctive blend of higher CBD, THC and plant medicine to market relaxation. (5mg THC / 25mg CBD)
  • 1906 Go, a highly effective blend of cannabis, caffeine, and three plant medicines to market power. (five THC / 5mg CBD)
  • 1906 Bliss, a euphoric blend of four plant medicines and cannabis to market extroverted happiness. (5mg THC / 5mg CBD
  • 1906 Appreciate, an exquisite blend of five herbal aphrodisiacs and cannabis to increase arousal. (two.5mg THC / two.5mg CBD)
  • 1906 Midnight, a thoughtful blend of plant medicine and cannabis to market sleep. (5mg THC / 5mg CBD)

For far more facts about Drops and all six formulations, check out:

About 1906

1906, one particular of the most revolutionary brands in cannabis edibles, creates groundbreaking functional formulations of cannabis and plant medicines. 1906’s lineup delivers six distinctive experiences that market sleep, power, arousal, relaxation, cognitive concentrate and a satisfied mood, all in regularly quickly-acting formulations applying single-strain organic cannabis. 1906 supports medicinal cannabis study and invests a percentage of its income in clinical trials and educating healthcare practitioners. The organization also invests in corporate social duty, especially targeting employment possibilities for these formerly incarcerated folks who have paid the heaviest price tag for a century of cannabis prohibition.

Original press release

Published by NCV Newswire

NCV Newswire
The NCV Newswire by New Cannabis Ventures aims to curate higher high-quality content material and facts about major cannabis providers to aid our readers filter out the noise and to keep on leading of the most critical cannabis small business news. The NCV Newswire is hand-curated by an editor and not automated in anyway. Have a confidential news tip? Get in touch.

Get Our Sunday Newsletter

&#13 &#13


Latest posts