WGD Capital

WGD Capital is a venture capital firm founded in 2019 and based in San Mateo, California. The firm focuses on investing in early- and expansion-stage private companies, primarily within the cannabis, psychedelics, ag-tech, and health and wellness sectors. WGD Capital manages the WGD Opportunity Fund I, which is specifically dedicated to early-stage investments. The firm seeks opportunities across the United States, Canada, and Israel, aiming to support innovative businesses that are positioned for growth in these emerging markets.

Michael Mitgang

Co-Founder and Managing Director

Sam Znaimer

Co-Founder

8 past transactions

Headset

Venture Round in 2021
Headset Inc. operates a cannabis market intelligence platform that delivers real-time insights for producers, processors, and retailers in the cannabis industry. The company offers a suite of tools, including Headset Insights Pulse, designed to provide contextualized industry data at various category levels, enabling cannabis business owners, investors, and media professionals to analyze market trends over time. Their services include monitoring product and brand positioning, assessing competitive landscapes, and providing dispensaries and retailers with business intelligence for sales forecasting, inventory management, and brand oversight. Founded in 2015, Headset is based in Bellevue, Washington, and aims to empower industry operators to make informed decisions through comprehensive data analysis.

Birchmount Network

Seed Round in 2021
Provider of gift cards and marketing services intended to provide comprehensive revenue and brand solutions. The company provides gift cards that can be seamlessly integrated into existing POS systems or are available as standalone solutions and related marketing solutions to cannabis retailers, enabling brands to increase revenue, attract new consumers, and deepen customer loyalty.

SōRSE Technology

Convertible Note in 2021
SōRSE Technology is a water-soluble emulsion technology for infusing products with CBD, THC, and terpenes. The SōRSE Technology team is comprised of 150+ years in product development. With of team of over 30 employees dedicated to research and development, quality assurance, and operations, SōRSE supports clients' production efforts from conception through go-to-market.

Petalfast

Series A in 2021
Petalfast Inc. is a sales and marketing company focused on the cannabis industry, providing a comprehensive range of services designed to enhance brand visibility and drive growth. Founded in 2020 and based in Middletown, Delaware, the company offers a variety of solutions including brand strategy, graphic identity, package design, messaging strategy, and audience segmentation. Additionally, Petalfast supports clients with retail strategy, photography, video production, media planning, ad campaigns, social media management, web design, digital content creation, search engine optimization, and experiential marketing. By leveraging its go-to-market accelerator and a spectrum of agency services, Petalfast aims to help cannabis brands expand their sales strategies and reach a broader market.

Headset

Venture Round in 2021
Headset Inc. operates a cannabis market intelligence platform that delivers real-time insights for producers, processors, and retailers in the cannabis industry. The company offers a suite of tools, including Headset Insights Pulse, designed to provide contextualized industry data at various category levels, enabling cannabis business owners, investors, and media professionals to analyze market trends over time. Their services include monitoring product and brand positioning, assessing competitive landscapes, and providing dispensaries and retailers with business intelligence for sales forecasting, inventory management, and brand oversight. Founded in 2015, Headset is based in Bellevue, Washington, and aims to empower industry operators to make informed decisions through comprehensive data analysis.

Treez

Series B in 2020
Treez, Inc. is a company that develops retail management software specifically designed for medical marijuana dispensaries in the United States. Founded in 2016 and headquartered in Oakland, California, Treez offers an enterprise-grade platform that includes point of sale systems, integrated payment solutions, and tools for cultivation and data management. The software aims to optimize and automate dispensary operations, enhancing aspects such as employee management, inventory control, and customer service. By enforcing best practices and collecting valuable business data, Treez helps operators, regardless of size, improve their performance and navigate industry changes. Additionally, the platform ensures regulatory compliance throughout the supply chain, connecting brands with retailers through a centralized catalog and real-time market insights.

The Blinc Group

Convertible Note in 2020
The Blinc Group is a biotechnology company focused on the development and distribution of advanced cannabis vaping hardware and complementary products. It specializes in creating proprietary vaping solutions for major multi-state operators and licensed producers across the United States, Canada, and Europe. The company offers a diverse range of products, including cartridges, batteries, and ready-to-use vaporizers, while also providing tailored support to startups and entrepreneurs through branding, marketing, and sales strategies grounded in data-driven research. With a mission to enhance the cannabis retail experience, The Blinc Group aims to build quality brands and innovative products that resonate with consumers globally. Through its distribution brand, Puffmen, the company capitalizes on partnerships with global manufacturers and an established network of distributors, ensuring a broad reach for its products in North American, European, and Asian markets.

Elevated Signals

Seed Round in 2020
Elevated Signals Inc. is a Vancouver-based company that offers a digital cultivation management platform designed to enhance crop production in controlled environments. Founded in 2016, the platform utilizes wireless IoT sensors and data science to automate manual tasks and streamline operational efficiency. Its features include seed-to-harvest compliance record keeping, inventory tracking, cultivar-specific workflow management, and high-resolution environmental monitoring linked to plant identifiers. These capabilities enable users to rapidly prepare audit packages and maintain compliance with industry regulations. The company focuses on optimizing the cultivation process while ensuring adherence to Health Canada’s Good Production Practices and Good Manufacturing Practices standards.
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