Add Green Leaf Medical, LLC to the list of out-of-state players to acknowledge it will be part of an application for one of the six additional Alternative Treatment Centers in the state.
Green Leaf, a vertically integrated cannabis operation, announced $6 million raised towards an $18 million fundraising effort. The company holds medical cannabis licenses in Maryland, Pennsylvania and Ohio. It also has two applications pending in Virginia.
“This capital raise, along with our existing assets and infrastructure, position Green Leaf Medical as a dominant enterprise among East Coast medical cannabis operations,” said Philip Goldberg, Green Leaf Medical’s CEO.
To date, the company’s reported 2018 revenues have reached approximately $5.2 million. Green Leaf Medical is currently exploring an IPO or RTO on the Canadian Stock Exchange.