Altitude Investment Management announced today a $5.5 (~€5m) million investment in Switzerland-based KannaSwiss as its first European investment.
Earlier this year, Altitude Investment Management plc (AIM plc), a leading New York-based investment firm focused on the emerging global cannabis industry. Opening its office in London and raising $7.4 (~€6.3m) million for its newly formed UK-based investment company, AIM plc., the goal of the company is to take advantage of the emerging and fragmented European cannabis marketplace by investing in foundational companies in the industry’s supply chain such as KannaSwiss.
