Simplifya has successfully secured $2 million in new equity capital, which will not only fuel its growth but also eliminate existing debt, enhancing its financial stability. This strategic move strengthens Simplifya’s position as a leader in the cannabis compliance sector, enabling it to better serve its clients in an evolving regulatory landscape.
DENVER–(BUSINESS WIRE)– #Cannabiscompliance–Simplifya, the leading regulatory and operational compliance software platform serving the cannabis and hemp industries, announced that it has successfully raised $2 million in new equity capital led by strategic investor ITWH LLC, a wholly-owned subsidiary of In The Weeds (ITW), with additional participation from existing investor Blue Zone Wealth Advisors. A portion of the capital was used to retire outstanding debt, positioning Simplifya as a debt-free company with a
Source: Original Press Release