Erik Holling, CEO of C-END, has retained Black Legend Capital, an international investment banking firm, to assist with its $20 million capital raise to further build operations globally.
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CEND is focused on raising global industry principles using a standard, vetted and transparent ecosystem. Specifically, with CEND’s Certification, CEND-IT blockchain backbone and hyper focus on global regulations and laws, CEND brings buyers and sellers together on a trusted CEND Ecosystem. CEND provides a single point of contact for all activities relating to global product movement, allowing buyers and sellers to focus on their core strengths.
Erik Holling stated, “Black Legend Capital is a highly regarded name with broad access to institutional investors active in the cannabis, logistics and technology industries, the target audiences for this raise. The funds will go to market expansion activities that will enable us to accelerate growth. Their support will help to capitalize on new opportunities and take CEND to the next level.”
Claudia More, Managing Director of Black Legend Capital, said, “CENDs emerging role in the cannabis marketplace is the kind of visionary business initiative that investors look for. We are enthusiastic about their prospects for growth as the cannabis industry transitions from a regional focus to one that aggressively international.”
About Black Legend Capital
Black Legend Capital was formed in 2011 by senior bankers formerly with Bank of America, Merrill Lynch, and Duff & Phelps. Senior members of the BLC team have completed transactions representing over $13 billion of aggregate consideration. Black Legend Capital has facilitated several industry projects to generate leading returns for their clients.
About C-END
CEND’s mission is to source, certify and securely deliver and track consistently pure cannabis and other highly regulated products for demanding industries including pharmaceuticals, health & wellness, food & beverage and governments.
The growing number of jurisdictions around the world legalizing cannabis for medical, health and wellness, and recreational uses provides exciting new opportunities for economic development and revenue generation. However, they also create societal challenges to public health and safety and CEND understands these complex government and business issues and our experts provide solutions tailored to all levels of the cannabis ecosystem