Eco Farm Holdings PBC ("Thrive Society") - A Leading Technology-Enabled Cannabis Company, Secures Multi-Million Dollar Investment led by 32 Ventures Founder, Robert Wolf
SANTA ROSA, CA / ACCESSWIRE / October 5, 2021 /Eco Farm Holdings PBC (dba Thrive Society) is a public-benefit corporation, leading technology-enabled Managed Cannabis Services Provider (MCSP) and digital marketplace for wholesale cannabis transactions in the U.S.
32 Ventures led the multi-million-dollar investment in Eco Farm Holdings and Robert Wolf has joined the Company's Advisory Board. Prior to forming 32 Ventures, Wolf held the position of CEO & Chairman of UBS Americas and President of the Global Investment Bank and held numerous appointments as an Economic Advisor to President Obama. Additional investors include David Shulman (Guarded Partners LLC) and Nirel Levi (One 32 LLC).
Thrive Society, as the company is known in the market, is a community of over 400 cultivators and 100 plus wholesale buyers across California. The company's B2B wholesale commodity marketplace and analytics platform showcases tens of thousands of pounds of high quality, fully compliant and tested bulk cannabis products.
Eco Farm Holdings is the only plant-touching company with an in-house technology suite built to mirror every aspect of the physical operations through digital twinning, specifically for distribution and marketplace transactions. The company is vertically integrated with licensed cannabis operations across nursery, cultivation, processing, manufacturing, and distribution. In addition, the Eco Farm technology platform and Integrated Farm Program (IFP) for farmers will be licensed to cannabis operators in markets beyond California.
"Eco Farm Holdings is in a position to grow exponentially and become one of the leading exporters of California cannabis as interstate trade opens up in the future. We believe in their mission to elevate legacy-grown, eco-friendly cannabis and are incredibly excited about their technology as its foundation to achieve great success," said Robert Wolf, founder of 32 Ventures.
"It is important to us to have mission-aligned partners who believe in supporting legacy farmers with sustainable practices and appreciate the scalability of our technology to streamline the cannabis supply chain. We feel honored to work with Robert and 32 Ventures to support our efforts as a preferred Managed Cannabis Services Provider (MCSP) for distribution, procurement, quality assurance, logistics and sales." - Founders and Co-CEOs, Danielle Dao and Devin Calloway.
SOURCE: Eco Farm
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