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Vertical™ Closes $58M Series A Financing

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LOS ANGELES, April 2, 2019-- Vertical Companies™ announced the closing of its Series A Financing Round at $58 million. Vertical upsized the original $20 million Series A to $35 million late last year due to investor demand. The round formally closed on March 31, bringing the total amount raised by the company to $65 million since inception. This capital is being used to build out Vertical’s large scale multi-state infrastructure and bring its brands to market. Vertical Companies include: • Vertical MSO™, among the leading multi-state operators in the medical and adult-use cannabis industry with more than 1,906,400 sq.