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Canndescent Finds $27.5M For Premium Cannabis

Santa Barbara-based Canndescent an "ultra-premium" cannabis brand, announced this week that it has raised $27.5M in a Series C funding round. The funding was led by cannabis investment fund Green Acre Capital, and also included Carnegie Arch Capital, Senterra, LLC., Altitude Investment Management, JW Asset Management and an un-named multinational beer company from Asia. Canndescent says the

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