Texas Original Compassionate Cultivation (TOCC) cultivates and processes the highest quality medical marijuana in Texas, and they pride themselves on offering life-changing medical marijuana for medical patients throughout Texas. Texas Original Compassionate Cultivation announced today that it recently closed its Series B financing.
NEW YORK and AUSTIN, TEXAS (June 9, 2021) – Texas Original Compassionate Cultivation (TOCC), the market leader and gold standard for medical marijuana in Texas, announced today that it recently closed its Series B financing. Viridian Capital Advisors, through broker-dealer Bradley Woods, acted as exclusive placement agent to the company.
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Based in Austin, Texas, TOCC cultivates and processes life-changing medical marijuana for more than medical patients throughout Texas. The company works closely with its patients, physicians and regulators throughout the state to offer the highest quality products to Texans with qualifying conditions under the Compassionate Use Program.
“Under Viridian Capital’s guidance, we successfully completed our Series B financing, following the Series A round that Viridian led for us early last year,” said Morris Denton, TOCC’s CEO. “Building and growing a vertically integrated business in the cannabis industry requires capital, and Scott Greiper and his team at Viridian provided the right strategic leadership. As the only 100% Texas-based operator, we are well-positioned for significant growth in one of the most important strategic medical marijuana markets in the country.”
The latest fundraising reinforces TOCC’s leading position in Texas’ vertically integrated medical marijuana industry. The funds will be used to scale operations and meet the needs of its thousands of current and future patients.
“Compassionate Cultivation, led by its CEO Morris Denton, is the leading medical marijuana company in Texas and one of only three licensed operators,” said Scott Greiper, President of Viridian Capital. “As the dominant leader in the second largest market in the United States, the infrastructure and team that Morris has built are the reasons why we’re excited to represent TOCC as a Viridian client.”
About Texas Original Compassionate Cultivation
Texas Original Compassionate Cultivation (TOCC) is the leading licensed medical marijuana producer in Texas, working alongside physicians to provide the highest quality cannabis medicine to patients and families seeking relief across the state. As fellow Texans, we are dedicated to representing the integrity of this great state with our commitment to quality, consistency and purity in every product we produce. We remain committed to advance safe, legal access to this powerful medicine. TOCC is headquartered in Austin, with delivery throughout the entire state. For more information, visit www.texasoriginal.com.
About Viridian Capital Advisors
Viridian Capital Advisors (www.viridianca.com) is a financial and strategic advisory firm dedicated to the cannabis and hemp markets and one of the first such firms in the industry having launched in 2014. We are a data and market intelligence driven firm that provides capital, M&A, corporate development, and strategy to companies, investors and acquirers in the cannabis sector. Our banking practice, through broker-dealer Bradley Woods & Co. Ltd. (Member FINRA/SIPC), provides capital and M&A services to fund the growth of our clients, while our advisory practice helps to position and build their businesses. Our team’s decades of high-level advisory and transactional experience allow us to provide comprehensive strategic and financial solutions that assist cannabis and hemp enterprises in realizing their full potential.
Viridian Capital Advisors
Bradley Woods & Co. Ltd.
805 Third Avenue
New York, NY 10022
Texas Original Compassionate Cultivation Closes Financing
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