The management team of Thankyoujane
Photo: Thankyoujane

Thankyoujane: CBD startup closes seed round

Thankyoujane sells products containing the hemp-derived active ingredient CBD. As part of a seed financing round, existing investors and Torus Capital are investing "mid-six-figure sums" in the Munich-based startup.

Thankyoujane was founded in 2017 by Sven Kalies. The Munich-based startup sells products containing the non-intoxicating cannabis compound CBD under the brand name Cantura Organics. The company also operates an online shop for CBD products.

Thankyoujane: Millions in sales with hemp products

The startup, which has 15 employees, says it quadrupled its revenue last year and is operating profitably. To further accelerate its growth, it brought on board additional investors through seed financing.

"Our vision is to create well-being for our customers based on the hemp plant. The better we succeed in doing this, the more successful our company will be. Therefore, our direction is clear: Together with the hemp plant, we offer everyone a natural alternative for their personal well-being. Because we are able to convince more and more customers with this approach, our company is developing dynamically and will generate mid-seven-figure sales this year."

says founder and CEO Sven Kalies.

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