Arcadian Fund

Arcadian Fund is a California-based investment firm that focuses on growth equity investments in mid- and late-stage companies operating in the cannabis sector across the United States. The firm aims to provide diversified exposure to the non-touch, ancillary cannabis industry for its Limited Partners. It seeks to capitalize on industry leaders, connect companies with valuable resources, identify new revenue streams, and prepare them for potential mergers, exits, or capital market transactions.

11 past transactions

Kadenwood

Series B in 2021
Kadenwood is a privately-held consumer products lifestyle company that specializes in cannabidiol (CBD) products aimed at establishing CBD as a trusted and safe option within the mainstream wellness market. The company is committed to quality by utilizing vertically-integrated CBD farming practices, allowing for the production of THC-free CBD oil from seed to shelf. Kadenwood's product offerings include sports creams, roll-ons, oil drops, pet health products, and organic hot teas, all of which comply with farm-bill regulations. Through its focus on quality and innovation, Kadenwood seeks to redefine the CBD industry and promote wellness among its consumers.

Semasio

Series A in 2020
Semasio GmbH, founded in 2010 and headquartered in Hamburg, Germany, specializes in user intelligence and targeting solutions for digital advertising. The company leverages statistical modeling and machine learning to provide a platform that helps marketers build detailed user profiles and identify target groups. Semasio's offerings include Audience Targeting, Contextual Targeting, and Brand Fit Targeting, utilizing Natural Language Processing to analyze website content and create comprehensive profiles for both websites and users. This enables clients, including global agency networks and advertisers, to strategically address specific audiences and optimize their advertising efforts. Additionally, Semasio's technology allows for precise control over the contextual placements of online advertising content, ensuring relevance and efficiency. With development centers in Denmark and Portugal, Semasio is dedicated to enhancing the effectiveness of programmatic advertising in a privacy-conscious environment.

Front Range Biosciences

Series B in 2019
Front Range Biosciences, Inc. is an agricultural biotech company specializing in the breeding and production of new plant varieties and seeds within the hemp, coffee, and cannabis sectors. Founded in 2015 and based in Lafayette, Colorado, with additional offices in Wisconsin, California, and Spain, the company employs tissue culture propagation techniques to enhance the efficiency and consistency of clone and seed production. Their Clean Stock program ensures a supply of disease- and pest-free plants, providing farmers with data-driven solutions to develop new cultivars with commercially relevant traits. Front Range Biosciences aims to modernize agriculture for cannabis and hemp, offering services that support cultivators in improving yields, minimizing disease risks, and creating innovative plant strains.

Enlighten Technologies

Series B in 2019
Enlighten Technologies is a company that specializes in providing retail and marketing solutions tailored for the cannabis industry. Founded in 2010 and headquartered in Bowling Green, Kentucky, Enlighten operates a media and advertisement platform that features a content-driven television network. This platform broadcasts on screens within cannabis dispensaries, offering targeted point-of-sale advertisements and interactive signage. The company focuses on informing and educating consumers through professionally curated entertainment and product-related content. By enhancing customer engagement, Enlighten enables cannabis businesses to grow their brands and foster stronger relationships with their clientele, while also offering e-commerce solutions and online menu updates.

Arrow AI

Pre Seed Round in 2019
Arrow AI, founded in 2018 and headquartered in San Francisco, California, specializes in developing social media campaigns for businesses by leveraging audience insights from CRM, retail, and point-of-sale data. With additional offices in Los Angeles, Mexico City, and London, the company aims to simplify advertising processes that are often seen as complex and costly. Arrow AI employs advanced technologies such as natural language processing, machine learning, and artificial intelligence to create user-friendly advertising products that facilitate effective online customer engagement.

Heally

Seed Round in 2019
Heally is a telemedicine platform that connects patients with licensed doctors and facilitates access to cannabis-based medical products. By providing tools for alternative medicine software providers, Heally enhances their ability to grow their businesses. The platform allows consumers to consult with medical professionals who can recommend specific cannabis products tailored to individual wellness needs, focusing on treating the underlying causes of health issues with natural remedies.

Wurk

Series A in 2019
Wurk is the leader in HR, Payroll, and Payment technology servicing the fastest-growing emerging industry, cannabis! Wurk's proprietary Compliant Payment Cloud underwriters cannabis businesses enabling them to process payments for payroll, taxes, 401k, benefits, and more positioning Wurk as the largest payments processor in the industry. Their SaaS HCM Cloud provides Modern HR, Payroll, Time & Attendance, Scheduling accessible on any device, including tablets and mobile. Wurk's Intralytics Cloud (integration meets analytics) connects the industries leading technology providers allowing operators to combine and analyze data to inform mission-critical decisions. Wurk is also assembling this data to provide industry benchmarks to help operators compare their KPIs to the trends of the industry. Wurk's unique platform is proving that Human Capital Management, Workforce Management, and Payment technology providers can add significant value to their customers by focusing on their vertical-specific needs. Wurk was founded in August 2015 by Keegan Peterson. And it is headquartered in Denver, Colorado.

Heally

Seed Round in 2018
Heally is a telemedicine platform that connects patients with licensed doctors and facilitates access to cannabis-based medical products. By providing tools for alternative medicine software providers, Heally enhances their ability to grow their businesses. The platform allows consumers to consult with medical professionals who can recommend specific cannabis products tailored to individual wellness needs, focusing on treating the underlying causes of health issues with natural remedies.

Treez

Series A in 2018
Treez, Inc. is a company that develops an enterprise cloud commerce platform tailored for the cannabis market, focusing on retail management solutions for medical marijuana dispensaries in the United States. Established in 2016 and based in Oakland, California, Treez offers a comprehensive suite of software services designed to streamline operations across the cannabis supply chain. Its platform includes point of sale systems, dispensary inventory management, and omnichannel sales capabilities, all while ensuring regulatory compliance for every transaction. Additionally, Treez connects brands with retailers through a centralized catalog, providing real-time market insights. The platform is designed for integration with various third-party solutions, enhancing retailers' abilities to adapt to industry changes and optimize their business performance.

Sava

Seed Round in 2018
Sava Solutions Inc., established in 2015 and based in San Francisco, California, is a retail company specializing in cannabis products. It offers a curated selection of high-quality topicals, tinctures, edibles, concentrates, and flowers, sourced from top brands and artisan producers. Sava is committed to clean, consistent, and environmentally responsible cannabis, aiming to create an inclusive and progressive industry.

Treez

Seed Round in 2016
Treez, Inc. is a company that develops an enterprise cloud commerce platform tailored for the cannabis market, focusing on retail management solutions for medical marijuana dispensaries in the United States. Established in 2016 and based in Oakland, California, Treez offers a comprehensive suite of software services designed to streamline operations across the cannabis supply chain. Its platform includes point of sale systems, dispensary inventory management, and omnichannel sales capabilities, all while ensuring regulatory compliance for every transaction. Additionally, Treez connects brands with retailers through a centralized catalog, providing real-time market insights. The platform is designed for integration with various third-party solutions, enhancing retailers' abilities to adapt to industry changes and optimize their business performance.
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