PR94195

The Green Coffee Company Funds $13.2 million Series B Round to bring total equity invested to $25 million; On Path to Becoming Colombia's #1 Largest Coffee Producer

MEDELLIN, Colombia, Jan. 24, 2022 /PRNewswire=KYODO JBN/ --

The Green Coffee Company (GCC), a Legacy Group portfolio company, is pleased to

report that it has fully funded its Series B funding round, which the company

recently upsized by $3.5 million due to high demand to $13.2 million (USD).

There are currently over 220 individual investors in the business with its

accredited investor base rapidly accelerating.

Logo - https://mma.prnewswire.com/media/1730901/Green_Coffee_Company_Logo.jpg  

Photo -

https://mma.prnewswire.com/media/1730902/Green_Coffee_Company_Farms.jpg  

As the Green Coffee Company looks towards the future, the focus will be on

solidifying its position as the #1 largest coffee producer in all of Colombia.

The path to a successful exit for the company has become more clear as it has

navigated through this capital raise. The GCC used this investment to (1)

double its farms to 4,700 acres - becoming the #2 largest coffee producer in

Colombia - and (2) to become the most technologically-advanced coffee producer

in Colombia and, we believe, globally.

The $3.5 million upsize to the original $9.6 million Series B was funded in

just three weeks by the company's accredited investor base. Over the past six

months, the company has welcomed dozens of investors and supporters of the

business to its farms in Salgar, Colombia in order to see its progress

first-hand. The GCC has inaugurated the first of two new world-class coffee

processing facilities, with the second expected to come online in Q1 2022

(watch here) (

https://c212.net/c/link/?t=0&l=en&o=3419585-1&h=3430446033&u=https%3A%2F%2Fwww.linkedin.com%2Fposts%2Flegacygroup_the-green-coffee-company-opens-the-most-advanced-activity-6861428202787672064-2msG%2F&a=watch+

).

The Green Coffee Company is a consolidated coffee farming operation

headquartered in the U.S. with operations based in Medellin, Colombia. The

company's innovative business model allows for complete control of the supply

chain: from cultivation, through processing, to direct trade with end-clients.

GCC's holistic approach to the coffee sector and commitment to best

environmental practices not only establishes the long-term profitability and

sustainability of the business, but also improves the quality of the coffee

produced on the farms.

For more information, please contact the company's asset manager, Legacy Group,

at investor.relations@legacy-group.co, or visit their website at

https://legacy-group.co/.

Follow Legacy Group on Linkedin for communications related to the Green Coffee

Company and other alternative investment opportunities: at

https://www.linkedin.com/company/legacygroup/.

SOURCE  Legacy Group