Cannabis Vape Hardware Firm Greentank Raises $16.5 Million

GreenTank Technologies, a leading provider of vaporization hardware, has successfully raised $16.5 million in its latest funding round, according to a press release. The funding round was led by Mira Capital and Navy Capital, with participation from Casa Verde Capital, Poseidon Asset Management, and several other investors.

GreenTank Technologies plans to use the funds to expand its product portfolio and increase its market share in the rapidly growing cannabis vaporization market. The company has already established itself as a key player in the industry, with its innovative hardware products being used by leading cannabis brands around the world.

The cannabis vaporization market is expected to continue growing rapidly in the coming years, driven by increasing legalization and changing consumer preferences. GreenTank Technologies is well-positioned to take advantage of this growth, with its focus on innovation and quality.

The company’s CEO, Dustin Koffler, expressed his gratitude for the support from the investors and his team’s dedication to creating the highest quality products. He also expressed excitement for what’s to come, saying that they will continue to push the boundaries of what’s possible in the cannabis vaporization market.

GreenTank Technologies’ success is a testament to the tremendous growth potential of the cannabis industry, and its ability to attract significant investment from top-tier firms.

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