California Cannabis Operator Henry’s Original Raises $11 Million
Merida Capital Partners led the Series B funding round
Henry’s Original (Henry’s), a private California-based vertically-integrated cannabis company and brand, announced it closed a Series B investment led by Merida Capital Partners (Merida), a private equity firm focused solely on the cannabis and hemp industries. Henry’s intends to use the funds to expand its cultivation, processing, sales and marketing operations. This investment round also included investments from Big Rock Partners, Delta Emerald Ventures and funds managed by JW Asset Management. The majority of Series A investors also invested in this round as well.
Henry’s, produces Clean Green-certified flower and pre-roll products that are cultivated entirely in Mendocino County, California. The company holds thirteen state licenses which includes nursery, cultivation, processing, distribution and a retail dispensary license. The company has more than 100,000 square feet of cultivation in California.
“As one of the leading pre-roll and pre-packaged flower companies in California in overall sales, this investment positions us to scale our operations, continue to shore up the supply chain and drive growth,” said Henry’s President and COO Joshua Keats.
Henry’s high-quality genetics are tested to ensure its products, which include flower, pre-rolls, singles and a flower vape pen, meet and surpass California State standards, which are some of the strictest agricultural standards in the world. Currently, Henry’s products are available in more than 250 dispensaries across California, including at The Apothecarium, Harborside, Harvest SF, MedMen, Blum and many others.
For more information, visit https://henrysoriginal.com and https://www.meridacap.com/.
About Henry’s Original
Henry’s Original (Henry’s) is a private California-based vertically-integrated cannabis company and brand, whose popular flower and pre-roll products are cultivated entirely in Mendocino County. Henry’ high-quality genetics are tested to ensure its products, which include flower, pre-rolls, singles, and flower vape cartridges in 15 different seasonal varieties of THC- and CBD-heavy variants, which meet and surpass California State standards. These standards are some of the strictest agricultural standards in the world. Currently, Henry’s products are available in more than 250 dispensaries across California, including at The Apothecarium, Harborside, Harvest SF, MedMen, Erba and others.
For more information, visit https://henrysoriginal.com or follow us on Instagram @henrysoriginal, @roccosroadtrip and @henrysoghouse.
About Merida Capital Partners
Merida Capital Partners is a private equity firm targeting fundamental growth drivers which accelerate the rapid development of the cannabis and hemp industries. Merida’s motto, Responsible Investing across the Cannabis Ecosystem, highlights its focus on cultivation technologies, products and services associated with the evolution of cannabis and hemp as agricultural products, plant-based medicines, constituents in pharmaceutical formulations and recreational consumer products.
For more information, visit www.meridacap.com or follow us on Twitter @meridacap.
