Highlyte by Amnesia Announces Close to $1M in Seed Funding to Expand Cannabis Content Compliance Reach
SAN FRANCISCO — Highlyte by Amnesia, the first AI-driven cannabis marketing compliance platform, announced today it has closed on $1 million in seed funding from pioneering cannabis venture capital firms Poseidon Investment Management, Argonautic Ventures, JourneyOne Ventures and other angel investors. As cannabis remains illegal at the federal level, social media sites ban much cannabis messaging, and closely scrutinize marketing content surrounding cannabis. Meanwhile, states offer a bewildering thicket of diverse regulations constraining cannabis content and marketing. Highlyte by AMNESIA alerts cannabis companies to potentially non-compliant text, images and video before each posting goes live. The platform also mitigates risk by protecting against damaging account deactivations and so-called “shadowban” practices that can be financially disastrous. By helping cannabis companies maintain rigorous compliance to state regulations and social media restrictions, Highlyte by AMNESIA d...