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Willie Nelson’s Cannabis Brand Raises $12 Million to Fund Expansion

The company plans to expand beyond its current market of Colorado, Washington, Nevada and Oregon.


Celebrities who flaunted their pot smoking for decades when it was taboo are now cashing in on the legal cannabis boom.

GCH Inc., a Colorado firm that markets country music legend Willie Nelson’s brand of weed, said on Wednesday that it has raised $12 million to expand beyond its current market of Colorado, Washington, Nevada and Oregon. That brings its total funding to $29.5 million. Earlier this month, a private equity firm backed by billionaire Peter Thiel said it has amassed $200 million for its cannabis portfolio, which includes the official brand of the late reggae star Bob Marley.

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