What is Tokyo Smoke?
Tokyo Smoke is a prominent cannabis lifestyle brand offering a diverse array of products, including vapes, flowers, and accessories. The company caters to a broad consumer base, addressing needs for relaxation, creativity, and balance with options suitable for both novice and experienced users. Further enhancing customer engagement, Tokyo Smoke features a loyalty program, The High Roller Club, which provides substantial discounts. Products are available for online purchase with delivery or in-store pickup across Canada.
How much funding has Tokyo Smoke raised?
Tokyo Smoke has raised a total of $7.7M across 2 funding rounds:
Series A
$3M
Series B
$4.7M
Series A (2017): $3M with participation from Globalive, W. Brett Wilson, and Chuck Rifici
Series B (2017): $4.7M led by Green Acre Capital and Paul Rowan
Key Investors in Tokyo Smoke
Green Acre Capital
Green Acre Capital is a private investment fund company established in 2016, focusing its investments within the Canadian cannabis industry.
Globalive
Globalive, founded in 1998 and based in Toronto, provides investment and start-up services tailored for the telecommunications and technology sectors.
Paul Rowan
Paul Rowan is an individual investor who participated in Tokyo Smoke's Series B funding round.
What's next for Tokyo Smoke?
The recent major strategic investment in Tokyo Smoke signals a phase of accelerated growth and market expansion. This capital infusion is likely to fuel further product development, enhance distribution networks, and potentially explore new market opportunities within the evolving cannabis industry. The company's focus on a comprehensive lifestyle brand, coupled with its loyalty program, positions it for sustained development and increased market share.
See full Tokyo Smoke company page
