LEUNE
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
LEUNE - overview
Established
2018
Location
Los Angeles, CA, US
Primary Industry
Healthcare
About
Based in Los Angeles, LEUNE is a US-based lifestyle brand founded in 2018, specializing in high-quality cannabis products designed to elevate the consumer experience in the evolving cannabis market. LEUNE is a lifestyle brand that focuses on offering premium cannabis products to its consumers. The company was founded in 2018 in Los Angeles, US, by Nidhi Handa, who serves as the CEO. In April 2021, LEUNE raised USD 5 million in funding from Casa Verde Capital and individual investors, which represents the total amount raised to date.
The company has completed one deal, marking its strategic growth within the cannabis industry. LEUNE specializes in a cohesive range of high-quality cannabis products aimed at the 3. 0 cannabis consumer. The product lineup features various flower strains such as Naked, Desert Gold, Sol Berry, Cloud Berry, Piña Dream, and Calibre, all crafted to meet rigorous quality standards.
These offerings cater to both seasoned consumers and newcomers in specific legal markets, including California, Arizona, New Mexico, Missouri, and Maine. LEUNE generates revenue through a structured distribution model that encompasses direct consumer sales and partnerships with retailers and dispensaries. The company’s products are sold directly to consumers as well as through established retail channels in its targeted legal markets, with a focus on transparency and quality assurance. The pricing structure reflects the premium nature of LEUNE's offerings, ensuring strong customer loyalty and repeat business.
In April 2021, LEUNE raised USD 5 million to support its expansion efforts. The company plans to use these funds to broaden its product line, introducing innovative new offerings aimed at enhancing consumer experiences. LEUNE is also looking to expand into additional markets, with specific targets to be determined as the company continues to grow its presence within the cannabis industry.
Current Investors
Casa Verde Capital
Primary Industry
Healthcare
Sub Industries
Alternative Medicine
Website
www.leune.co
Verticals
Cannabis/Medical Marijuana
Company Stage
Early Stage
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.