Heally Closes $2M Seed Round: Why Are Top Cannabis Funds Investing In This Small Wellness Company?
Summary
Thus, when I heard Heally, a national online health and wellness brand, would be announcing the successful closing of a $2 million seed round later this week, getting money from some of the top cannabis investors -- and a former FAO Schwartz and Patagonia C-Suite executive, I could not help but feel intrigued.Heally has been around for roughly four years. CEO Greg Rovner explained that, as more and more people turn to holistic options in an effort to avoid harmful opiates and other pharmaceuticals for anxiety, insomnia, stress, and other health challenges, they need access to affordable, immediate medical consultations for advice and to understand the best natural products for their needs.In Rovners view, Heallys very unique business model and participation from the top funds in cannabis, positions it to be a leader in the health and wellness space. His business model is working, allowing revenue to grow steadily month-over-month, without the need for huge capital raises and consequently giving out a lot of equity. "Evan Eneman is another seasoned investor in the cannabis industry, co-founder of one of the first and largest investment vehicles in the space, Casa Verde Capital. When prompted about his support, Eneman commented, There are many companies focused on cannabis today, but not everyone has the experience or the ability to enter and execute on day one in new markets as they become legal.