Atlantic International Capital (AIC) Digital Asset Group is pleased to share that it has successfully advised its client, Cannaverse Technologies, on an investment transaction totaling upwards of $12.5 million from a private group for the development and launch of Cannaland, a global cannabis platform dedicated to creating the world's largest cannabis community. The Cannaland platform will enable businesses worldwide to introduce, or scale, existing cannabis brands to a global audience of consumers without limitations.
Mark Bonner, CEO of Cannaverse Technologies LTD, stated:
"We appreciated the efforts AIC put towards assisting us in securing funding for our project. Having this agreement allows us to focus on building out the Cannaland project and executing the business model."
Cannaland's mission is to create a single destination for cannabis enthusiasts regardless of geographic location, offering a community where business-to-business and business-to-customer participants can share, learn, discover and have fun experiencing all things cannabis. Cannaland provides innovative technology and a Web2 e-commerce platform designed to seamlessly support home delivery. Cannaland will also include entertainment, education, community forums, conferences and numerous other cannabis-related activities.
Jeffrey Lombardi, AIC managing partner, stated:
"Having AIC advise on securing this funding for Cannaverse Technologies' Cannaland metaverse helped take this project to the next level. AIC will continue to provide its advisory services as the project executes on its plan and prepare for the upcoming token launch."
AIC is headquartered in Boca Raton, FL and has regional offices in New York and Switzerland.
About Atlantic International Capital (AIC) Digital Asset Group
AIC has a 30-year proven track record of successfully working with domestic and international companies providing advisory and capital formation services while introducing digital assets to athletes, entertainers, college and professional teams and high-net-worth investors, and providing safe, secure and regulated crypto payment options for high ticket products and services.
Cannaland is the world’s first cannabis-focused metaverse with a vibrant community and meta marketplace where all aspects of socially responsible cultivation, extraction, manufacturing, distribution, retail sales and consumption of cannabis and hemp products can be enjoyed by its users. Cannaland uses its expertise in blockchain, crypto and the cannabis industry to create a virtual marketplace and economy, where the Cannaland Token (CNLT) is the primary currency for transactions.
Mark Bonner, CEO