Sunday, June 9, 2024

Kloris aces £250k crowd-funding investment drive

Investor demand for smallcap CBD companies remains strong. Two weeks ahead of the deadline for its £250,000 crowd-funding campaign, Kloris has received £291,662 from 206 investors, representing 116% of the sum it was seeking. The London-based firm is raising the money via the Seedrs platform.

Founded in 2018, Kloris values itself at £6.1m. The CBD brand saw more than 350% growth in sales during FY2020, according to Seedrs, and is stocked by Boots, Selfridges, Amazon and other UK retailers.

Kloris says that its CBD products are 100% natural, premium quality and highly effective, made responsibly and it prioritises zero waste in its packaging.

Trustpilot customer reviews rate Kloris as ‘excellent’, averaging 4.7 out of five stars.

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