Cresco Capital Partners

Cresco Capital Partners, LLC is a private equity investment firm based in the United States, founded in 2014. It focuses on investments in the cannabis industry through two dedicated investment funds. The firm aims to identify and capitalize on opportunities across the entire supply chain, encompassing areas such as genetics, farming, retail, branding, and distribution. Utilizing a combination of professional expertise and community resources, Cresco Capital Partners is committed to fostering growth and innovation within this emerging sector.

Joe Blasetti

Director of Portfolio Management

Matthew Hawkins

Founder and Managing Partner

Tiffany Liff

Managing Director

Andy Sturner

Co-Founder and Managing Partner

8 past transactions

Cann

Seed Round in 2020
Cann is a provider of low dose tetrahydrocannabinol (THC) beverage used to offer all-natural flavor drinks. Its beverage is made of natural citrus and herbal flavors and has a touch of agave nectar blend together to create a light, refreshing social buzz that influences a new way to experience cannabis that enables consumers to have cannabis drinking options that are beneficial for the body.

PathogenDx

Series B in 2019
PathogenDx has developed a microarray based test specifically designed for the cannabis, botanical, food and agricultural testing markets. Our technology allows test labs to conduct between 12- 48 tests in parallel, testing up to 20 pathogens per test in less than a days’ shift. This is done at a fraction of the cost of plate counts or Realtime PCR. Our Raw Sample technology allows laboratories to bypass almost 20 steps that Real-time PCR must perform for DNA extraction and purification. PathogenDx technology bypasses the need for purification, quantitation, and normalization increasing the speed and affordability of pathogen screening. This helps our customers reduce testing time by 12 hours on the front end, and avoid spending money on sample prep kits and additional instrumentation.

Future State Brands

Private Equity Round in 2019
Future State Brands, Inc. operates in the cannabis sector, offering a variety of products through its diverse lifestyle and wellness brands. Established in 2014 and based in Culver City, California, the company features several notable brands, including PRØHBTD, which serves as its flagship, the hemp beauty line Hempath, the functional beverage platform Ceeby Dee’s, and the art-centric infused wearables brand The Patch Co. Additionally, it includes Hot Nife and the music-driven flower brand Heavy Grass. In 2020, PRØHBTD launched an immersive website that combines content and eCommerce, reflecting the brand's expansion into cannabis and street style consumer products.

Arcview Group

Series A in 2019
The ArcView Group works in the burgeoning legal cannabis industry by establishing connections between investors and entrepreneurs in an effort to meet the needs of cannabis cultivators, dispensaries, and customers. With industry experience, The ArcView Group is working to help usher in the next generation of cannabis-related businesses with the creation of The ArcView Angel Network and the MyDispensary Mobile App.

Conception Nurseries

Seed Round in 2019
Conception Nurseries US, Inc., a tissue culture company, provides genetically certified cannabis clones for growers. It offers ready-to-grow cannabis plantlets, and heirloom strains and modern cannabis breeds. The company provides cannabis varieties with custom profiles that flower earlier. The company was incorporated in 2018 and is headquartered in Roseville, California with a laboratory in Hillsboro, Oregon.

NorCal

Private Equity Round in 2019
NorCal Cannabis Company LLC is a holding company based in San Francisco, California, that engages in the cultivation, manufacturing, and retailing of cannabis products. Founded in 2016, the company produces products under the brand names Occidental Hills, KINDRD, and 1lyfe. NorCal Cannabis emphasizes a vertical integration strategy, combining its extensive cultivation expertise with business practices to enhance production efficiency and retail distribution. The company operates a comprehensive facility that includes indoor cultivation, manufacturing, processing, packaging, and distribution capabilities, supported by a network of delivery depots across California. By analyzing partnerships with licensed distributors and retailers, NorCal aims to diversify its engagement across various industry segments while gaining insights into the California cannabis market.

MJ Freeway

Series C in 2018
MJ Freeway LLC develops cloud-based software designed to support the entire cannabis production and distribution process, known as seed-to-sale. The company's flagship product, MJ Platform, is tailored for various cannabis businesses, including retail, delivery, wholesale, cultivation, and manufacturing. It features solutions such as GrowTracker for cultivators, MixTracker for infused product manufacturers, and GramTracker for dispensaries, all aimed at enhancing operational efficiency and compliance. Established in 2010 and headquartered in Denver, Colorado, MJ Freeway has served over 2,000 clients in the United States and internationally. In addition to software, the company provides consulting services in areas such as business planning, compliance, and marketing, as well as hardware solutions including scales, barcode scanners, and printing equipment. Overall, MJ Freeway is committed to addressing the evolving needs of the cannabis industry through innovative technology and comprehensive support.

PROHBTD MEDIA

Series A in 2018
PROHBTD Media Inc. is a company that operates a multi-platform video distribution network focused on the cannabis culture, allowing enthusiasts to showcase various aspects of art, music, fashion, travel, gastronomy, and lifestyle. In addition, it specializes in brand creation and product development, marketing cannabis brands to a global audience. Founded in 2015 and headquartered in Culver City, California, PROHBTD Media aims to transition cannabis from the black market to mainstream acceptance. The company is recognized as the exclusive global cannabis partner for several notable events and organizations, enhancing its presence in the industry.