By / January 31, 2020

Hemp extract company raises $650,000 to market pain products

Hemp extract company, WholyMe, just announced the closing of its first round of funding at $650,000. The London-based start-up focuses on effective pain management products.

Saint James Financial, V1 Capital, Joyance Partners, Guibor and Business Angels all invested in this round.

“We are delighted to support WholyMe as they explore the limits of pain management to bring more happiness to the world,” said Paolo Pio, European Managing Director of Joyance Partners.

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This hemp extract company is all about family

The co-founders of the hemp extract company, Celine Ivari and Quitterie de Rivoyre, started WholyMe to market to the one in five Europeans who suffer from chronic pain.

According to “Pain, A European Consensus Report (EFIC Partnership, Pfizer & EFNA)” direct costs of pain are estimated at $206 million for Belgium, $368 million for the Netherlands and over $2 billion for the U.K.

The Arthritis Foundation states that chronic pain affects the ability to work, enjoy life and be active, and can lead to insomnia, fatigue, depression or anxiety.

While chronic pain and inflammation is a global issue, the hemp extract company also has very personal ties for Celine and Quitterie. Both creators have worked to solve chronic inflammation problems affecting family members, which led to the research and development of the first WholyMe products.

Why WholyMe was created

Woman with hemp product representing the European hemp extract company
Inspired by treating their own pain, WholyMe makes natural products derived from hemp to aid pain and inflammation. (Source)

“When my mother suffered severe inflammation, she was overloaded with painkillers and prescription drugs which had terrible side effects. Having studied the genetics of human diseases, I knew that there were alternative ways to manage her pain. I helped her improve her well-being with natural remedies,” explained Celine.

This is the story of millions of people around the world, as they are living longer and only three out of ten medical schools in Europe have a program on pain management.

The hemp extract company WholyMe was born out of the realization that pain management is flawed and analgesics are widespread, overused and often have adverse effects.

A hemp extract company with a mission

“Our mission is simple: to help improve the lives of people suffering from pain by providing the most effective and healthy products that do not compromise long-term health,” said Quitterie.

The funding will be used to manufacture the hemp extract company’s first line of 100% organic supplements and cosmetics for muscle and joint health, beginning with a cannabis-based balm to be launched in the spring of 2020.

Formulated in-house and manufactured in France, WholyMe products will be sold online and the hemp extract company also plans strategic partnerships with gym clubs to help athletes limit the risk of injury.

Hemp extract company promotes better health

WholyMe is a community brand providing highly effective, all-natural and all-biological solutions for muscle and joint health. The hemp extract company believes in the effectiveness of natural ingredients.

The company’s products achieve what no other solution can. WholyMe uses innovative combinations of natural ingredients to provide relief at the source without compromising long term health.

WholyMe always finds solutions for health and wellbeing in nature first. That is why protecting the planet is a fundamental issue for the hemp extract company.


(Featured image by Christin Hume via Unsplash)

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