As we’re following the latest developments in the emerging markets and industries, it would be hard not to mention the medicinal cannabis market, and the accompanying sub-markets, ranging from CBD oils, hemp food products, cannabinoid-based drinks, and hemp-based organic cosmetics. 
 
It is without a doubt that businesses (and investors!) are picking up pace with the capital landed in this space, further fuelling its growth. Brett Blundy, an Australian billionaire businessman, chairman of BB Retail Capital (which owns companies such as Sanity Entertainment, Bras N Things, and Aventus Property Group), is no exception. The investor has funded Lova, a new dispensary brand servicing Colorado’s cannabis industry.

How do you get funded by investors like Blundy?

Lova co-founders Matt Shifrin & Amanda Fox talk about their funding journey, noting that all of it came from private capital from Brett Blundy. 
 
Matt says “I ended up meeting Brett through a mutual friend and found out he was a retail savant (…) The guy is an awesome mentor. His mission, like ours, is taking this Lova retail experience and bringing it to as many customers [as we can] as fast as we can.”
Pioneer Interests (PI) that owns the Lova brand is currently undergoing its capital raise of $12.5M with the help of KapVista’s Ecosystem, with the remaining $2M still to be raised.
 
Pioneer Interests is a vertically integrated premium cannabis company that delivers exceptional customer experiences and superior products through its retail locations and proprietary brands: LOVA & Natty Rems.
 
Lova’s success story is a proof point to PI’s offer, as Matt and Amanda now lead 5 dispensaries across Colorado, building their local community.
 
“The reason we partnered with Brett is that we want to be around for the next thirty years. I don’t know if it’ll be us two at the helm — hopefully, we’ll be on a beach somewhere by then — but we don’t have any intent to sell or go public for the very long foreseeable future. Maybe in five years and we’re wanting to expand more, we might have that talk. But for now, our head is down as we work with all the opportunity in Colorado.”

Part of our vision in KapVista, we aim to create a connected ecosystem for our partners, clients, and networks to inform and educate on the finance and growth options available. If that sounds like something you’d like to know more about, don’t hesitate to get in touch, alternatively, register interest in Pioneer Interests’ offer here.

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