Texas Original was featured in Business Insider as one of the cannabis start-ups to watch in 2022. Check out our mention below or read the full article here.
Texas Original Compassionate Cultivation
Based: Austin, Texas
Founded: 2017
Funding raised to date: approximately $40 million
Biggest funding round of 2021: $21 million Series B round in June 2021
What the company does: Texas Original Compassionate Cultivation says it works closely with physicians and patients to provide medical cannabis across Texas. It offers products at its dispensary and through delivery.
Why investors like the company: Nico Richardson, a managing director at AFI Capital Partners, says Texas Original is the market leader in Texas, which has a rapidly growing medical cannabis market.
"The company has 1 of 3 licenses to service the entire state of Texas," Richardson told Insider in an email. "Looking forward 5 years, AFI strongly believes this will be one of the crown jewels of the industry."
