LEAF Grow

growth-positive

Corsica Innovations (LEAF) has successfully closed a $4.5 million private financing round to fund its commercial manufacturing launch. The company has developed an advanced automated home-growing system and plans to manufacture and deliver its pre-sales. LEAF has also signed a manufacturing agreement with Foxconn subsidiary Ennoconn in China. Additionally, LEAF intends to consider a public listing in North America. The company has appointed industry executives Paul Rosen, Isaac Maresky, and Jean-Mark Aflalo to its board of directors. LEAF has previously won awards and has been featured in various publications. Dentons LLP, KO Firm, and Gainsborough Capital Corp. have provided legal counsel and strategic advice to the company.

growth-positive

Corsica Innovations Inc., the company behind the Leaf automated home cannabis growing box, is set to ship its product within a couple of months. The company has already sold 1,500 units of the box, which is priced at $3,000 each. The Leaf growing box automatically monitors and controls the growing conditions for cannabis plants, providing an optimal environment for growth. Corsica Innovations has raised approximately $4.5 million in equity from investors such as Phyto Partners and CJV Capital Ltd. The company expects to begin shipping to buyers in the U.S. in April or May of this year.

growth-positive

Corsica Innovations Inc., a Greeley-based company that manufactures a smartphone-controlled mini fridge for growing hydroponic cannabis and other plants, has raised $2.5 million of its $4 million capital goal. The company had initially filed a Form D with the U.S. Securities and Exchange Commission for $1.4 million but later amended it to include an additional $1 million it had raised.

growth-positive

LEAF, a smart, self-contained grow-chamber for growing cannabis, food, and herbs at home, has launched. The company was founded by Yoni Ofir, an Israeli military veteran who uses medical marijuana. LEAF offers smart-phone-operated controls, automatic nutrient dosing, and a drying mode. The biggest challenge for LEAF has been dealing with federal regulations. The company requires proof of medical marijuana prescription in states where its only legal for medicinal use and confirmation of age in states where its legal recreationally. LEAF is also suitable for growing other plants and ships to states where marijuana is not legal. The product is easy to use and automates the most difficult tasks of growing. LEAF is the first of its kind to offer customizable climate control, automatic water changes, automatic nutrient dosing, automatic pH balancing, and recipe creation and syncing through the app.

growth-positive

Leaf, a company that helps consumers grow their own medical marijuana, has raised a $2 million seed round ahead of a new product launch. The funding round was led by CJV Capital and included several other investors. Leaf has developed an automated device called the Leaf grow system, which provides precise temperature and humidity control, automatic nutrient dosing, and a drying mode. The system is controlled through a smartphone app and will be available for purchase in the fall. The company plans to offer a discount to customers who sign up for their mailing list and will begin shipping in the fall. Leafs success story was shared at the Startup Battlefield and they are looking forward to the upcoming Disrupt SF event.