Lowenstein Represents Cannabis Beverage Brand Uncle Arnie’s in Strategic Investment for Ongoing Expansion

Lowenstein Sandler represented California-based cannabis-infused beverage brand SS Beverages 1, Inc., d/b/a Uncle Arnie's in raising a strategic investment from investors such as Mindset Value Wellness Fund LP and Mindset Venture Fund LP. The company plans to utilize the funds for general working capital purposes and ongoing strategic expansion efforts nationwide.

Last year, Lowenstein represented Uncle Arnie's in raising a strategic investment from investors Harry Rubin and Lorenzo Lamadrid, founding partners of Boston Beer Company's flagship brand Samuel Adams; Michael Carpenter, former CEO of Ally Financial ALLY and Citigroup's C Global Corporate & Investment Bank; and VC investor Nick Carpenter.

The Lowenstein deal team included Marita A. Makinen, Dotan Barnea, David J. Yovanoff, Adam Gakin, and Anthony C. Santiago.