TPCO Holding Co, California’s leading vertically integrated cannabis company, announced that it has selected Josephine & Billie’s, a Los Angeles-based cannabis brand and retail concept, as the Company’s first social equity corporate venture fund investment. Founded and led by Black women, Josephine & Billie’s was developed to create a welcoming and educational retail experience for Women of Color and to fill a void existing for this demographic within the L.A. marketplace. With the Company’s investment, Josephine & Billie’s is expected to open its first retail location before the end of the year. The financial terms of the investment were not disclosed. As the first of its kind in the United States, Josephine and Billie’s will offer a unique speakeasy-style cannabis retail concept inspired by the Jazz Age, taking consumers back to the ‘tea pads’ that existed in Black communities in the 20s and 30s.
Published Ncv Newswire, New Cannabis Ventures, 06/03/2021 08:39:00