Massachusetts Vaporizer Company Raises $1.6 Million

An upstart Massachusetts company focused on the cannabis market announced it has raised $1.6 million from angel investors to develop its flagship vaporizer.

CannaKorp says its vaporizer will deliver medical cannabis in a single-use, dose-controlled cup – similar to a smaller version of the coffee pod.

It’s been dubbed the “Keurig for marijuana,” a reference to the single-serve coffee maker. CannaKorp also recently recruited a former senior vice president with Keurig – Dave Manly – to be its chief executive officer and chairman.

In its news release Tuesday, CannaKorp said it reshuffled its top management and elevated co-founder James Winokur to be CEO.

Manly will continue as chairman.

CannaKorp, founded in November, plans to begin shipping its vaporizer in late 2016 or early 2017.

Daily News | Briefs | Massachusetts Medical Cannabis Business & Marijuana Legal News

 6 Comments

  1. Brandon April 14, 2016
  2. Greg James April 14, 2016
  3. david April 14, 2016
  4. TheDude April 14, 2016
  5. Corey April 14, 2016
  6. Dana Deaton April 15, 2016

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