International legal practice Osborne Clarke has advised Sanity Group on its multi-million financing round with Holtzbrinck Ventures, Berlin-based Food-VC Atlantic Food Labs and Karan Wadhera, founder of the US cannabis fund Casa Verde. Various Business Angels also contributed to the financing round.
Sanity Group is a start-up company focusing on the import of prescription cannabis and its distribution on the European market. The capital of the current financing round is to be used to expand the business in Germany. The founders and managing directors of the Sanity Group are Finn Age Hänsel, former CEO and investor of Movinga, as well as former founder of THE ICONIC, Berliner Berg Craft Beer, Sportsecondhand, Valmano and Petobel, and Fabian Friede, former CMO of the retail platform Locafox.
An Osborne Clarke team led by Corporate and Venture Capital Partner Robin Eyben advised Sanity Group on the current financing round on all corporate-related aspects. The team also included Maximilian Vocke.