Front Range Biosciences $10 Million Capital Raise

160 views · Published 15 October 2018 · 10:58 · Indexed 10 November 2026

Channel: Midas Letter · 2018 · News & Politics

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Front Range Biosciences is a biotech company that transfers existing agricultural technology, such as tissue cultures, to the cannabis and coffee industries to create clean stock programs. CFO Nick Hofmeister discusses the company’s recently completed financing round. Front Range raised $10 million and that money will be used to fund the company’s expansion plans at its Boulder, Colorado facilities. While going public is on the company’s radar, Front Range has no plans to announce a public offering. The company started generating revenue in 2017 and strategic partnerships with Faith and Family Farms and Fringe Coffee provide access to the California cannabis and coffee markets.

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