Charlotte NC, January 14, 2015 – KŪRE Corp (hereinafter referred to as “KŪRE”), a leading global vapor brand, announced today that it has successfully completed $4.25 million in expansion capital financing from institutional and accredited investors. The financing was led by Martin Sumichrast, a Charlotte, North Carolina based merchant banker. The capital will be used primarily to expand KŪRE’s brand and retail store expansion in the United States.
KŪRE’s executives and principals are all seasoned business entrepreneurs with nearly 20 years of individual expertise in taking start-ups from initial incubation to profitability. KŪRE’s support staff has extensive product distribution and industry experience. This financing will enable KŪRE to carry out its business plan to open approximately 8 ‘KŪRE Vaporium & Lounge’ locations across the United States in 2015.