Entourage Effect Capital

ntourage Effect Capital, LLC (formerly Cresco Capital Partners, LLC) is a United States private investment firm, dedicated to investing in the cannabis industry. EEC’s mission is to actively leverage our sector and investment experience, networks, and investment process, and to identify, invest and accelerate high quality emerging growth companies. EEC stands apart by taking an active role in adding value to the management teams of its companies. Some have called it a “Keiretsu”, but as we are in Cannabis, we call it “the Entourage Effect.” The Entourage Effect is a term used to describe a novel method of endocannabinoid regulation. It means that the compounds within the cannabis plant work in concert to create a sum greater than any of its individual parts. This is the same strength they bring to investing. From early stage acceleration, to acquisition sourcing, to strategy, to creating exit opportunities, they believe in being the most valuable names on their founder’s cap tables.

Adam Ginsburg

Vice President

7 past transactions

Cookies

Series A in 2023
Cookies Inc., is a cannabis brand, which currently has 7 dispensaries in California, 1 in Detroit.

BioLumic

Series B in 2022
BioLumic Limited specializes in advanced lighting solutions utilizing smart light array technology designed for horticultural producers. The company focuses on enhancing the quality of transplant crop seedlings, regulating the growth of indoor leafy vegetables and salad herbs, and addressing pathogenic diseases in various horticultural crops. By developing light signals that stimulate plant growth and harness the natural genetic potential of crops, BioLumic's photogenics platform integrates innovations in plant science and light technology. The results of its applications include increased yield, improved vigor, enhanced resistance to diseases and pests, and better crop composition across a range of seeds, including soybean, cannabis, and various fruits and vegetables. Founded in 2012 and based in New Zealand, BioLumic is recognized for its clean technology approach, which eliminates the need for chemical inputs.

Ask Hoodie

Seed Round in 2022
Hoodie Analytics was founded on the belief that cannabis businesses need deeper, operational insights to better compete. Our team has decades of experience in cannabis as well as e-commerce intelligence & market measurement in markets like CPG & FMCG. With Hoodie Analytics, you get an indispensable partner tracking the movements of the market. You get access to the best people, processes, and data which deliver an unfair advantage over the the competition. You can focus on running your business. We’ll deliver the insights needed to outgrow the pack.

Phylos

Venture Round in 2022
Phylos Biosciences LLC, a crop science company, develops genetic testing products and plant varieties for the hemp and cannabis industry. It offers AutoCBD, a day-neutral variety hemp seed that produces CBD-rich flower for extraction; Plant Sex Test, a test to identify male hemp and cannabis seedlings; Genotype Test, a tool that provides genetic identification, and insights for hemp and cannabis. Phylos Biosciences LLC was incorporated in 2014 and is based in Portland, Oregon.

Cellibre

Series A in 2021
Cellibre, Inc. is a cellular agriculture company based in San Diego, California, founded in 2017. The company utilizes an organism-agnostic approach to transform cells into specialized and sustainable production systems. This innovative method allows Cellibre to manufacture significant agricultural products at scale, contributing to increased efficiency and sustainability in the agricultural sector.

Hound Labs

Venture Round in 2021
Hound Labs, Inc. develops a handheld device that detects and measures the level of tetrahydrocannabinol in the breath. The company was founded in 2014 and is based in Oakland, California.

Fyllo

Series B in 2021
Fyllo Inc. is a marketing technology company that specializes in serving the cannabis industry. Founded in 2019 and headquartered in Chicago, Illinois, with additional offices in major cities across North America and Israel, Fyllo offers a comprehensive platform designed to address the unique challenges of this highly regulated market. The Fyllo Compliance Cloud provides enterprise-grade software and services, leveraging RegsTechnology's extensive database of cannabis laws and regulations at various governmental levels. Fyllo's solutions encompass data analytics, ad campaign management, measurement and reporting, and creative management services, enabling marketers and legal professionals to navigate compliance complexities while driving growth and engagement.