First State Compassion Center
Acquisition in 2025
First State Compassion Center, based in Wilmington, Delaware, is a medical cannabis distribution hub. It offers a comprehensive range of medical cannabis products and services, including cultivation, processing, dispensary operations, patient education, delivery, and curbside pickup. The company's mission is to help patients manage pain and alleviate symptoms associated with various medical conditions.
Kind Therapeutics USA
Acquisition in 2022
Kind Therapeutics USA is a provider of medical cannabis products focused on offering safe, dignified, and affordable wholesale access to dispensaries throughout the state. The company specializes in genetically pure and validated strains of medicinal marijuana, producing a variety of product forms including powdered tinctures, tablets, vapes, concentrates, drops, and edibles. These products are designed exclusively for use by certified patients, ensuring compliance with medical cannabis regulations and promoting patient safety.
GenCanna
Corporate Round in 2018
GenCanna Global USA, Inc., based in Winchester, Kentucky, specializes in the cultivation, production, and marketing of hemp and hemp-derived cannabidiol (CBD) oil. Established in 2014, the company offers a diverse range of products, including broad spectrum distillate, CBD isolate, oil drops, soft gel capsules, and topicals. GenCanna prioritizes quality and safety, employing a team of developers, scientists, and botanists, and partnering with local universities for research on hemp genetics and agronomic practices. The GenCanna Hemp Research Campus, located on approximately 150 acres, has facilitated significant advancements in hemp processing and product development, contributing to job creation and economic impact in the region. However, in early 2020, GenCanna faced financial difficulties, leading to an involuntary petition for reorganization under Chapter 11, which was later approved as a liquidation plan.
Sprout
Corporate Round in 2018
Sprout operates a user-friendly CRM and marketing automation software platform tailored specifically for the cannabis industry in the United States. The company's platform assists cannabis-related businesses, including marijuana dispensaries, cannabis brands, cultivators, and consumer packaged goods companies, by automating marketing campaigns and managing customer interactions to enhance acquisition and retention efforts. Sprout is headquartered in the United States.