On the heels of opening its first retail store in August, Michigan-based NOXX says it is positioned for operational growth with the help of a $15 million investment from Altmore Capital.
NOXX will use the financial backing to fund capital expenditures and fuel its plans for acquisitions and expansions.
“NOXX is committed to building one of the most innovative and inclusive companies in cannabis,” NOXX CEO Tommy Nafso said. “Whether people want to transact in person, online or through delivery, NOXX creates a convenient and exceptional shopping experience through unmatched product pricing and selection, hospitality and an industry-leading loyalty program. Together with Altmore Capital, NOXX is poised to become a dominant force in reimagining how consumers shop for cannabis.”
Named for a friendly being from another galaxy, NOXX is a cannabis company on a mission to create a more inclusive world through the power of cannabis. The company and its house of brands provide flower, prerolls, concentrates and other cannabis products at dispensaries across the state.
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