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Abaca Lands $1.35M InvestmentLock Icon

1 min read

Did you know the cannabis financial technology firm Abaca of North Little Rock recently received $1.35 million in funding?

Rockview Digital Solutions Inc., which is the corporate name for Abaca, will use the money to “keep fueling our national expansion,” said Dan Roda, CEO of Abaca.

“We’re continuing to hire right here in North Little Rock,” Roda said. “And we’re continuing to build and improve our technology.”

The company has 32 employees.

The company’s filing with the U.S. Securities & Exchange Commission showed that the minimum investment accepted from outside investors was $150,000.

The filing also listed that the company had two investors for the offering.

In February, Abaca announced it surpassed $2 billion in financial services to the cannabis industry.

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