Achari Ventures

Achari Ventures is a New York-based investment firm founded in 2018 that specializes in venture capital investments in the cannabis sector. The firm focuses on supporting cannabis and cannabis-related companies, aiming to capitalize on the growth opportunities within this expanding industry. By targeting a niche market, Achari Ventures seeks to identify and invest in innovative businesses that are poised for success in the evolving landscape of cannabis.

Vikas Desai

Founder and Partner

Merrick Friedman

Partner

3 past transactions

Operator of a pharmaceutical manufacturing firm intended for plant-based therapeutics and hemp testing. The company offers hemp and cannabis analysis for potency and contaminant testing and stability data generation, enabling researchers to find treatments related to post-traumatic stress disorder, chronic pain, and other ailments for patients and veterans.

Vangst

Series B in 2022
Vangst is a staffing service dedicated to the cannabis industry, providing a digital platform known as Vangsters that connects job seekers with employers in this sector. Founded in 2014 and headquartered in Denver, Colorado, Vangst offers a range of services including direct hire placements, on-demand employees, career fairs, and a job board tailored to cannabis-related roles. With a focus on matching candidates with the specific skills sought by cannabis and ancillary businesses, Vangst has earned the trust of leading brands in the industry. The company has successfully facilitated thousands of placements, leveraging its industry expertise and a strong community of talent to navigate the complex and evolving regulatory landscape. Vangst aims to streamline the recruitment process for both employers and job seekers within the cannabis market.

Dispense

Seed Round in 2021
Dispense powers best-in-class online ordering and pickup scheduling for both medical and recreational cannabis retailers while offering several technical integrations. Fast, intuitive, and easy to use, Dispense provides dispensaries with key insights to determine who their customers are and what their purchasing habits look like, enabling them to deliver exceptional, highly-personalized service each and every time. Key features include: • Online Ordering • Pickup Scheduling • Safe & Secure • Loyalty Program Integration • POS Integration • Customer Chat • Printing • Customer CRM • Performance & Reporting • Staff Management • Onboarding & Support • Mobile Apps
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