Willow Industries, a hashish trade chief in post-harvest microbial decontamination expertise, closed a $2 million Collection A enterprise funding spherical from a top-tier syndicate of hashish institutional buyers together with Panther Group, LAGO Innovation Fund and PhytoPartners.
Willow’s newest spherical of financing will proceed to speed up its exponential progress as the usual for clear hashish, cementing the corporate as an important a part of the essential provide chain within the trade. WillowPure expertise is at the moment deployed in 26 states and has began to increase internationally with Canada and Australia.
“Their patented kill-step expertise, mixed with a deal with high quality assurance and complete microbial assist, has made WillowPure broadly adopted because the trade normal decontamination answer,” stated Steve Schuman, managing director of Halley Enterprise Companions in a current press launch.
The corporate additionally introduced that it’ll proceed to increase and assist new markets as they legalize, educating cultivators on microbial contamination and compliance testing.
“We glance to proceed to set the usual for prime quality, clear hashish inside the trade. Customers are demanding transparency from cultivators, and we’re well-positioned to proceed advancing our expertise with {hardware} and software program to be the catalyst for client security,” stated Jill Ellsworth, founder & CEO of Willow. “The Collection A financing will permit us to double-down on accelerating our nationwide & worldwide progress plans.”
Jordan Tritt, CEO and co-founder of Panther Group, added, “Because the trade drives in direction of legitimacy and nationwide legalization, Willow Industries’ distinctive deal with microbial understanding and high quality assurance all through the manufacturing course of has positioned the corporate as a pillar for compliance requirements within the trade.”
WillowPure is the one natural kill-step accessible in the marketplace at this time, operated off a easy use system that flows inside the manufacturing course of.
“We consider with new ranges of strictness being carried out by laws, {that a} kill-step will grow to be an ordinary for the trade. It’s our perception that the Willow kill-step will grow to be this normal and the market chief for mitigating this essential drawback. Finally, cultivators and the American client will demand an natural kill-step like WillowPure for the merchandise they ingest, each to enhance freshness and do away with mould and mildew,” stated Jonathan Rubin, portfolio analyst and associate at PhytoPartners.
Photograph by Yassine Khalfalli on Unsplash.
