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Integrated CBD Raises $50M in Secured Debt, Equity
CBD extractor planted first hemp seeds in Arizona since prohibition.
Integrated CBD, producer of organic hemp-derived CBD, has closed $50 million in senior secured debt and a Series A equity round in a combination of debt and equity financing. The senior debt is led by an undisclosed New York based hedge fund managing approximately $7.4 billion in assets.
As one of the largest U.S. organic hemp operators with approximately 10,000 acres of certified organic land, Integrated CBD seeks to set the highest standards and practices for sustainable farming at scale in the fast-growing CBD marketplace.