12/12 Ventures

12/12 Ventures is a venture capital firm established in 2020 and located in Sausalito, California. The firm specializes in investing in cannabis-focused companies, with a particular emphasis on those operating within the technology sector. By targeting this niche, 12/12 Ventures aims to support the growth and innovation of businesses at the intersection of cannabis and technology.

Matt Barron

Co-Founder and Partner

5 past transactions

Cookies

Series A in 2023
Cookies Inc., is a cannabis brand, which currently has 7 dispensaries in California, 1 in Detroit.

Backbone Software

Seed Round in 2022
Backbone Software, Inc. is a technology company based in Palo Alto, California, that specializes in designing and developing supply chain management software tailored for the cannabis and hemp industries. Founded in 2017, the company provides a comprehensive platform that enables cannabis businesses to efficiently manage all supply chain aspects, including cultivation, manufacturing, inventory, packaging, shipping, pricing, billing, purchasing, and logistics. Backbone Software emphasizes transparency and compliance, allowing companies to track the journey of products from harvest to finished goods while maintaining a clear chain of custody. The platform is designed to facilitate real-time collaboration among team members, streamlining data sharing and improving operational efficiency. With a team of experts experienced in technology and the cannabis sector, Backbone Software aims to enhance production processes and support companies in meeting regulatory requirements.

Backbone Software

Venture Round in 2020
Backbone Software, Inc. is a technology company based in Palo Alto, California, that specializes in designing and developing supply chain management software tailored for the cannabis and hemp industries. Founded in 2017, the company provides a comprehensive platform that enables cannabis businesses to efficiently manage all supply chain aspects, including cultivation, manufacturing, inventory, packaging, shipping, pricing, billing, purchasing, and logistics. Backbone Software emphasizes transparency and compliance, allowing companies to track the journey of products from harvest to finished goods while maintaining a clear chain of custody. The platform is designed to facilitate real-time collaboration among team members, streamlining data sharing and improving operational efficiency. With a team of experts experienced in technology and the cannabis sector, Backbone Software aims to enhance production processes and support companies in meeting regulatory requirements.

Cookies Retail Enterprises

Venture Round in 2020
Cookies Retail Enterprises is a retail development company (think REIT) that is purpose-built to rapidly identify and secure premium retail locations for Cookies stores.

Cookies

Venture Round in 2020
Cookies Inc., is a cannabis brand, which currently has 7 dispensaries in California, 1 in Detroit.
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