News

Have-A-Heart Raises $25 Million For Massive Expansion

Founded in 2011, Seattle based Have A Heart has quickly become one of the premier cannabis retailers in the United States.

In the seven years since its grand opening, Have A Heart has been able to open and operate fifteen locations, spread out over five states, including Hawaii, Oregon, Iowa and California.

After having a lot of success in Seattle, Have A Heart decided to use its profits to expand its business to additional states. Amazingly, they have had a lot of good fortune with the application process and success in obtaining new licenses.


As a result, Have A Heart realized it was going to need more money in order to build stores and fund the opening of multiple new locations.

President and CEO, Ryan Kunkel, issued the following statement

"Our growth outpaced our ability to organically fund our expansion," "We've found a financial partner with significant experience in applying capital to help growth companies scale. Having the financial support and management stewardship of this team will help us execute our vision more rapidly and broadly."

In Washington, you can find retail stores in Belltown(downtown), Bothell, Greenwood/Ballard, Ocean Shores and Skyway/Seatac.

Have A Heart press release:

"Have A Heart, founded in Seattle, Wash., in 2011, owns and operates five licensed cannabis retail locations in Washington with 12 other locations in California, Iowa, Hawaii, Oregon and Ohio. The company has robust plans to expand nationally. Headquartered in Seattle, Have A Heart employs more than 400 people across the United States. The company recently established one of the industry's first agreements with organized labor, the United Food and Commercial Workers International Union. Have A Heart is recognized for its support of legislation to promote the safe and compliant growth, manufacturing, distribution and consumption of cannabis in states that have made it legal."

For more information, visit http://www.HaveAHeartCC.com

Have A Heart, Belltown

Main Entrance, Have A Heart, Seattle, WA

Located in the downtown waterfront area, Seattle's most densely populated neighborhood, Have A Heart is a hip, fun place with friendly, knowledgeable employees.

Show Comments ()

Related Articles around the world

Related Stories