CannaKorp, a Massachusetts company that’s been dubbed the “[Pod-based Vaporizer] for marijuana,” said it raised $4.1 million in its latest round of fundraising to help manufacture and distribute its pod-based medical cannabis vaporizing system.
The company’s CannaCloud vaporizer is designed to allow medical cannabis patients to consume MMJ using a single-use, dose-controlled cup, or pod.
CannaKorp said the funding will be used to manufacture its technology, cultivate partnerships with growers and dispensaries, and launch its CannaCloud vaporizing system for use with the pods in “multiple states and cities in North America throughout 2017.”
The company is based in Stoneham and run by a former Keurig executive.
Article written by Marijuana Business Daily Editorial Team