Kadenwood Raises $50M in Series B Funding
- Kadenwood, a Newport Beach, Calif.-, plant-based wellness company, raised $50m in cash and media value in a Series B funding round
- Backers included The Craftory and Arcadian Capital Management, and current investors
- The company intends to use the funds to further accelerate scale, strategic partnerships and acquisitions
- The company is a U.S. supplier of vertically-integrated CBD consumer packaged goods across major drug and grocery store chains
- In just the first half of 2021, the company has made a number of acquisitions
- In 2020, the company raised $15m in a Series A funding round followed by the acquisition of EcoGen Biosciences, a global manufacturer
