KEY Investment Partners LLC said Thursday it has secured financing for both Front Range Biosciences (FRB) and Springbig.
The Denver-based investment management firm said backing Front Range Biosciences represents a “continued confidence of the resilience” of the cannabis industry.
FRB is an agricultural company founded in 2015 and is involved in an ongoing $30 million Series B financing round.
The firm focuses on the production of new seed as well as plant varieties in hemp, coffee, and regulated cannabis.
KEY’s founding partner Pete Karabas, who opted …