Cannabis Growth Opportunity Corporation a cannabis focused investment corporation with both public and private cannabis holdings, announced today the company has made an investment in Tökr LLC, creators of application software (“app”) that modernizes the cannabis industry by connecting the new cannabis user of today with lifestyle brands that represent quality and reliability. This investment reflects CGOC’s commitment to investing across the cannabis value chain to drive long-term growth for the company’s shareholders.
Matthew Singer, Co-Founder and Chief Executive Officer of Tökr commented, “We are excited to be a part of the CGOC investment portfolio. They represent smart capital that helps us build strategically and effectively as we expand through the legal Cannabis market.”
CGOC invested $350,000 USD for 292,986 shares in tökr. The company plans to use the funds for general business purposes.