January is one of the last opportunities to participate in this unparalleled offer as the deal is filling up quickly, due to interest from high net worth investors, prominent, influential families in the business community, as well as another billionaire prepared to invest in Elegance. Interested investors that have questions should contact Elegance via email at [email protected] or call the investor hotline at +1 (310) 299-9584.
Since the initial offering, Elegance has rapidly raised capital from 2,000+ investors in the US and globally. The company sees this as a positive indicator that validates its strategic positioning to capitalize on two giant trends—Energy Drinks and CBD—and exponentially grow the business as one of the most innovative beverage companies in the world.
LOS ANGELES, Jan. 8, 2020 /PRNewswire/ — Elegance Brands Inc. (Elegance), a global beverage company that specializes in product innovation, has announced a closing date for its current Reg A+ offering following the overwhelming success of its capital raise to date. The financing will be closing on January 31st, 2020. Elegance will stop accepting subscriptions on Friday January 31st, 2020 and will close on all funded subscriptions on this day.
The Elegance team are currently finalizing the US market launch plans for Gorilla Hemp Energy Drink and Elegance Vodka and are poised to kick-off a disruptive go-to-market strategy starting with key markets in January 2020. To mark the occasion, all Elegance investors will be invited to an exclusive launch event & closing party in Miami.
About Elegance Brands Inc.Launched in 2017, Elegance Brands Inc. (Elegance) is a global beverage company that develops, markets and distributes products with a focus on innovation. Its flagship brands, Elegance Vodka and Gorilla Hemp Energy Drink, will launch in 2020 and be closely followed by a range of hemp and CBD infused beverages, plus super-premium spirits innovations. Elegance has manufacturing sites in the US and Australia, a long term manufacturing agreement with Australian Boutique Spirits, and strong existing global distribution relationships, including with Southern Glazer’s Wine & Spirits in the US market. The company Headquarters is currently located in Beverly Hills, CA.
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Set to shortly achieve both EU GMP (Good Manufacturing Practice) and GACP (Good Agricultural and Collection Practice) qualifications, Northern Leaf is partnering with UK and European cannabis distributors/processors in order to supply high-grade products for scientific and medicinal purposes.
Northern Leaf was awarded a license to cultivate hemp in October 2019, followed by a licence to cultivate medical cannabis in December 2020.
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Insight: UK cannabis company Northern Leaf hails oversubscribed pre-IPO funding
The fundraise allows the company to begin a ‘grow programme’ at its facilities on the island of Jersey.
The company completed the construction of a high end 100,000 sq. ft. facility in mid-2020 in Jersey and began cultivation of hemp flower in the same year.
Medical cannabis group Northern Leaf said it has successfully closed a pre-IPO funding round, which at £14mln was significantly oversubscribed.
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