DENVER — Wurk, a payroll-services and business-compliance firm targeting the marijuana industry, has raised $2 million in funding.
The Denver Business Journal reports that Poseiden Asset Management led Wurk’s latest round of funding, alongside Photo Partners, Salveo Capital and The Arcview Investor Network.
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Wurk recently graduated from the CanopyBoulder cannabis-startup accelerator and is attempting to scale up more rapidly because of emerging cannabis markets and compliance requirements by the new Trump Administration. Wurk has now raised a total of $3 million.