Tuatara Capital

Tuatara Capital, L.P. is a private equity firm established in 2014 and headquartered in New York. The firm specializes in growth equity, buyouts, and late-stage venture investments within the legal cannabis industry in the United States. Tuatara Capital focuses on companies that operate in compliance with U.S. Department of Justice guidelines and seeks to invest across the entire cannabis supply chain, including areas such as cultivation, processing, retail, technology, and industrial services. The firm aims to acquire both minority and majority stakes in market-leading companies that are pivotal in advancing the legal cannabis sector.

Ivan Botev

Vice President - Investments

Al Foreman

Co-Founder, Partner and Chief Investment Officer

Al Forman

Partner

Robert E. Hunt

Partner and Lead Industry Executive

Marc Riiska

Partner, COO

Sergey Sherman

Managing Director

Elazar Sigal

Associate, Investments

Young Yeo

Principal, Investments

12 past transactions

springbig

Post in 2022
SpringBig, Inc. develops loyalty marketing and customer relationship management (CRM) software tailored for cannabis dispensaries and brands. Founded in 2012 and headquartered in Boca Raton, Florida, the company offers a platform designed to enhance customer retention, boost revenue, and cultivate brand loyalty through targeted marketing campaigns. This platform enables merchants to implement loyalty programs and rewards, manage referral initiatives, and conduct brand advertising, all accessible via an online portal and mobile applications. SpringBig's technology solutions are specifically crafted to meet the unique needs of retailers in the cannabis sector.

Hound Labs

Venture Round in 2021
Hound Labs, Inc. is a breath technology company based in Oakland, California, founded in 2014. It specializes in developing non-invasive breath measurement devices, notably the HOUND® MARIJUANA BREATHALYZER, which is the first device capable of quickly and accurately detecting recent marijuana and alcohol use in a person's breath. This technology is designed primarily for use in law enforcement, by employers, and in insurance contexts, enabling organizations to maintain workplace safety while accommodating legal marijuana use outside of work hours. The company's founders include Dr. Mike Lynn, an emergency physician and former deputy sheriff, alongside Kuni Oh, a patent attorney with engineering expertise, and business executive Jenny Lynn. Hound Labs has attracted investment from various venture capital firms and individual investors.

Willow Biosciences

Post in 2020
Willow Biosciences is a multidisciplinary team of discovery biologists, biochemists, and geneticists. It specializes in the fields of biotechnology and healthcare.

Demetrix

Series A in 2019
Demetrix, Inc. is a biotechnology company that specializes in manufacturing natural medicines through synthetic biology. Founded in 2015 and headquartered in Berkeley, California, Demetrix leverages genetics and computational technologies to produce innovative drugs. The company refines microbial hosts for gene synthesis, engineering strains that yield co-evolved and bio-inspired medicines and nutraceuticals. Additionally, Demetrix offers medicinal cannabinoid products to various sectors, including pharmaceuticals, dietary supplements, and consumer goods. By focusing on the intersection of genetics, synthetic biology, and data science, Demetrix aims to enhance the understanding and application of biological processes in medicine.

Green Flower

Series A in 2019
Green Flower Media, Inc. produces and publishes videos for cannabis experts, doctors, scientists, researchers, entrepreneurs, investors, and thought-leaders that give facts, science, and knowledge of cannabis and cannabis industry. The company publishes online courses, classes, videos, and articles about cannabis. The company was incorporated in 2015 and is based in Ventura, California.

Enlighten

Series B in 2019
Enlighten Technologies is a provider of retail and marketing solutions, focusing on the cannabis industry. Founded in 2010 and based in Bowling Green, Kentucky, the company operates a content-driven television network that broadcasts on screens located within cannabis dispensaries. Enlighten's platform offers targeted point-of-sale advertisements, interactive signage, and e-commerce solutions, enabling cannabis businesses to inform and educate consumers through curated entertainment and educational content. This approach allows cannabis companies to strengthen their brand presence and foster customer relationships effectively.
Connecticut Pharmaceutical Solutions, LLC engages in the development of medical cannabis in Connecticut. The company’s product include CPS flower, CPS concentrates, CPS vape cartridges, CPS vape refills, CPS oil syringes, CPS tablets and capsules, CPS tinctures, CPS oral sprays, and CPS lotions. Connecticut Pharmaceutical Solutions, LLC was founded in 2013 and is headquartered in Portland, Connecticut.

Enlighten

Series A in 2018
Enlighten Technologies is a provider of retail and marketing solutions, focusing on the cannabis industry. Founded in 2010 and based in Bowling Green, Kentucky, the company operates a content-driven television network that broadcasts on screens located within cannabis dispensaries. Enlighten's platform offers targeted point-of-sale advertisements, interactive signage, and e-commerce solutions, enabling cannabis businesses to inform and educate consumers through curated entertainment and educational content. This approach allows cannabis companies to strengthen their brand presence and foster customer relationships effectively.

Willie's Reserve

Convertible Note in 2018
Willie Nelson has never made any bones about it. The cannabis culture is a way of life for him. And he has always operated under a simple philosophy: my stash is your stash.

Green Dot Labs

Series A in 2017
Green Dot Labs committed to using the safest, most responsible extraction methods possible in their state-of-the-art laboratory. They respect the environment, their employees, and their consumers and they have gone to great lengths to ensure the wellbeing of all.

Teewinot Life Sciences

Series B in 2017
Teewinot Life Sciences is a global biopharmaceutical company focused on the biosynthetic production of pure pharmaceutical grade cannabinoids. Teewinot has developed patent protected processes for production of pure cannabinoids by means of biocatalysis and synthetic biology. Teewinot has also developed patent protected cannabinoid formulation technology all with the goal of improving human therapies. Headquartered in Tampa, Florida, Teewinot manufactures and licenses technology to make cost-effective and pharmaceutically pure cannabinoids. We are an industry leader in support of advancing medical research and product development. Teewinot’s global technology and intellectual property represent a breakthrough in the creation and delivery of cannabinoid-based medicines.

Teewinot Life Sciences

Series A in 2015
Teewinot Life Sciences is a global biopharmaceutical company focused on the biosynthetic production of pure pharmaceutical grade cannabinoids. Teewinot has developed patent protected processes for production of pure cannabinoids by means of biocatalysis and synthetic biology. Teewinot has also developed patent protected cannabinoid formulation technology all with the goal of improving human therapies. Headquartered in Tampa, Florida, Teewinot manufactures and licenses technology to make cost-effective and pharmaceutically pure cannabinoids. We are an industry leader in support of advancing medical research and product development. Teewinot’s global technology and intellectual property represent a breakthrough in the creation and delivery of cannabinoid-based medicines.
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