L.A.-based marijuana firm OG DNA Genetics inks $35 million raise

Just Released! Get realistic market forecasts, state-by-state insights and benchmarks with the new 2024 MJBiz Factbook member program, now with quarterly updates. Make informed decisions.

OG DNA Genetics of Los Angeles has raised a total of $35 million through two initial equity financing deals.

The company said it plans to use the proceeds to expand its operations in California, where it manufactures and distributes its branded DNA indoor-grown flower, pre-rolled joints, vaporizer cartridges and concentrates.

More details about the funding round can be found here.