Highlyte by Amnesia, a San Francisco, CA-based AI-driven cannabis marketing compliance platform, closed on $1m in seed funding.
Backers included Poseidon Investment Management, Argonautic Ventures, JourneyOne Ventures and other angel investors.
The company intends to use the funds to expand its beta launch.
Launched by regulatory industry experts in 2021 and led by CEO Courtney Wu, Highlyte by Amnesia provides an artificial intelligence driven platform for applying current advertising and marketing regulation compliance information to cannabis brands and professionals. The platform generates on-demand and in-depth compliance customizable content reports that analyze images, videos, text and audio for cannabis compliance risk factors. The solution empowers cannabis brands to navigate the complex world of cannabis marketing compliance and avoid the risks of potentially debilitating penalties—and even cannabis license revocation—from unintentional marketing content missteps.
FinSMEs
25/04/2023