Image via Nabis website.
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This story was updated to show that the fundraise ultimately netted $35 million.
What owners are calling the largest cannabis warehouse in the world is slated to open in Woodlake.
San Francisco-based cannabis distributor Nabis will cut the ribbon April 25 on the 86,000 square-foot facility in Tulare County.
When the project was announced in 2021, Nabis closed on a $35 million fundraise on top of $5.5 million in equity financing. That year they reporter a 40% increase in sales and a doubling of employees, according to a press release from the company that year.
The company was founded in 2018 and distributes over 300 brands.
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