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

Past deals in Cannabis

Cookies

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

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.

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.