Flow Kana partners with licensed growers in Northern California to buy their cannabis. Many other cannabis firms set up their own cultivation facilities.
The company has raised $175 million, including $125 million through a Series B in December 2018. Steinmetz told Business Insider that he plans to raise another funding round within the next two quarters.
In the same way, Flow Kana works with local farmers in the Emerald Triangle who sell their cannabis plants, still raw on the stem and untrimmed, to Flow Kana for trimming, processing, and packaging. If most other vertically integrated cannabis companies wanted to "double their revenues or triple their revenues, they'd have to double their cultivation, triple their cultivation," Steinmetz said, while Flow Kana would just have to purchase more cannabis from its partners or build more relationships.
But Steinmetz said he believes the success of the industry and of the small farmers depended on the collision of the two worlds.
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They should get them in, give em a few happy cigarettes make em 🥳🥳🥳 then just ask for the 💷
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