Hervé's $3 Million Pitch Deck for Luxury Cannabis-Infused Edibles – Business Insider

Hervé’s THC-infused macarons. Courtesy of Hervé.

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Hervé, a cannabis-infused edibles maker, closed a $3 million funding round in May. Founder Sebastien Centner says he’s targeting cannabis consumers who want a unique, luxury product.  See below for an exclusive look at the pitch deck Hervé used to close the round. See more stories on Insider’s business page.

Cannabis-infused edibles are having a moment as much of the US digs itself out of the pandemic.

Edibles sales grew by more than 60% across seven state markets in 2020, according to data provider Headset. Edibles, particularly the lower dose varieties, are seen by many consumers as a healthier way to de-stress from long days working from home compared to smoking marijuana or drinking alcohol. 

To capitalize on that trend, Hervé, a Toronto-based maker of what CEO and founder Sebastien Centner calls “luxury” infused edibles, closed a $3 million Series A funding round in May. Sol Global Investments led the round and private investors such as family offices and high net worth individuals also participated.

Centner declined to disclose the other investors to protect their privacy and the company declined to provide its valuation.

Hervé founder Sebastien Centner. Herve

Centner says Hervé’s products, including lower dose, THC-infused macarons, are deliberately targeted toward higher-end consumers,

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