Cannabrew secures £200,000 through crowdfunding

Hundreds of crowdfunding investors have backed craft brewer Cannabrew to the tune of £200,000. 

The Lancaster firm was launched in 2019 by 21-year-old Elliot Horner; a semi-professional rugby player and craft beer expert.

Cannabrew develops, sells and delivers craft beers infused with CBD oil. It has sold thousands of cans throughout the UK and as far afield as Hong Kong. 

The crowdfunding investment, secured in just 24 hours, will be used to advance plans to recruit and expand, beginning with growing its network of off-licenses and ultimately earning a listing in a major UK supermarket.

Cannabrew also plans to make its craft beers available in keg form as hospitality venues reopen post-lockdown. Innovation will continue including new product launches to boost their direct-to-consumer activities.

As part of its sustainability efforts, Cannabrew has also planted more 14,000 trees in Madagascar, removing an estimated 350 tonnes of CO2 in just six months.

Elliot said: "We know that we’ve already created some special beers and people tell us they love our innovative approach. But, we’ve been genuinely surprised and humbled by how quickly we were backed with such a significant investment.

"As the demand for CBD products grows, we want to become the market leader and go-to company for CBD-infused craft beer. We are grateful to all our supporters - friends, family, customers and investors - and we can’t wait to take them with us on the journey."

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