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Cannabis startup Hemp Horizons raises Rs 2 Cr

Hemp Horizons, a GMP certified and USFDA registered hemp seed processing company Cannab, has raised Rs 2 crore as part of its seed funding round led by Mumbai Angels Network with participation from AngelList. The round also saw participation from renowned national and international angel investors like TradeIndia CEO Bikky Khosla. The funding will be used to launch and market cannabis extracts second-gen hemp seed products, which will further help solidify the company’s position in the market. Hemp Horizons said it makes use of resources and produces zero waste, which makes it a carbon negative company.

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