Green Acre Capital

Green Acre Capital is a private investment fund based in Toronto, Ontario, focused solely on the Canadian medical and recreational cannabis industry. The fund actively invests across various sectors of the cannabis value chain, including production, research, consumer products, and retail. Its second fund, established in 2018, aims to make 12 to 15 investments, each ranging from USD 5 million to USD 10 million. By concentrating on these areas, Green Acre Capital seeks to capitalize on the growth and development of the cannabis market in Canada.

Colin Ball

Venture Associate

Shawn Dym

Advisory Board

Matt Shalhoub

Managing Partner

Tyler Stuart

Managing Partner

Past deals in Cannabis

humble+fume

Post in 2021
humble+fume engages in the distribution of cannabis hardware and accessories to legal dispensaries, head shops, and smoke shops. It offers vaporizers, water pipes, rolling papers, grinders, lighters, torches, a storage, cleaners, books, cards, extractors, and kitchenware. It sells products online. It was formerly known as BOBHQ and changed its name to humble+fume in 2018. The company was founded in 1998 and is based in Toronto, Canada.

Claybourne

Series A in 2021
Claybourne is a cannabis breeder, cultivator, and retail brand that is known for its broad line of flower, pre-roll, and concentrate products.

Olli Brands

Series B in 2019
Olli Brands is a cannabis-infused product manufacturer that works with best-in-class suppliers to offer premium-quality natural ingredients and medical-grade cannabis.

Canndescent

Series C in 2019
Canndescent LLC is a cannabis cultivator based in Santa Barbara, California, specializing in the production of premium cannabis flowers. The company adheres to state compliance regulations and focuses on quality management and cultivation expertise. By moving away from traditional strain names, Canndescent aims to simplify the customer experience, offering products that are cultivated, packaged, and distributed in accordance with all relevant state and local laws.

humble+fume

Debt Financing in 2019
humble+fume engages in the distribution of cannabis hardware and accessories to legal dispensaries, head shops, and smoke shops. It offers vaporizers, water pipes, rolling papers, grinders, lighters, torches, a storage, cleaners, books, cards, extractors, and kitchenware. It sells products online. It was formerly known as BOBHQ and changed its name to humble+fume in 2018. The company was founded in 1998 and is based in Toronto, Canada.

Trait Biosciences

Seed Round in 2018
Trait Biosciences Inc. is a biotechnology company focused on advancing the hemp and cannabis industry through innovative technologies. Established in 2017 and headquartered in Vancouver, Canada, with additional offices in Santa Fe and a laboratory in Los Alamos, New Mexico, the company offers a range of products and solutions. These include water-soluble cannabinoids, enhancements in cannabinoid production and crop yield, and non-chemical solutions for protecting crops against pathogens. Trait Biosciences also provides tailored solutions that allow growers to create specific cannabinoid profiles for consumer and clinical needs, as well as technologies to produce THC-free hemp. Through its research and development efforts, Trait Biosciences aims to transform cannabinoid cultivation and product development.

Aqualitas

Venture Round in 2018
Aqualitas is an aquaponic cannabis company rooted in science. Water and Quality – these are two of the most significant components of aqualitass, practices, and mission. It embodies its commitment to their clients. Their aquaponic process is water-based growing that produces a top-quality product and they employ rigorous testing standards to ensure their products are safe, pure, and consistent. It was founded in 2014 and is headquartered in Bedford, Nova Scotia.

Aqualitas

Seed Round in 2018
Aqualitas is an aquaponic cannabis company rooted in science. Water and Quality – these are two of the most significant components of aqualitass, practices, and mission. It embodies its commitment to their clients. Their aquaponic process is water-based growing that produces a top-quality product and they employ rigorous testing standards to ensure their products are safe, pure, and consistent. It was founded in 2014 and is headquartered in Bedford, Nova Scotia.

Ample Organics

Series A in 2018
Ample Organics Inc. is a technology company that specializes in providing a comprehensive suite of software solutions for the cannabis industry in Canada and Jamaica. Founded in 2014 and headquartered in Toronto, the company offers a seed-to-sale platform that enables users to track and manage all stages of cannabis growth, production, and sales. Its product offerings include AmpleCentral, a tracking and reporting system for regulators; AmpleExchange, a procurement platform for cannabis products; and AmplePayments, a payment solution tailored for cannabis businesses. Additionally, Ample Organics provides AmpleCare, which facilitates electronic patient acceptance for licensed holders, AmpleData for retail analytics, and AmpleLearn for education on seed-to-sale software. The company also supplies essential tools such as labels, scanners, and scales for tracking and packaging cannabis products. Ample Organics serves a diverse clientele that includes license holders, regulators, and clinics, contributing to the creation of safe and transparent cannabis industries.

Anandia

Venture Round in 2018
Anandia Laboratories Inc. is a biotechnology company based in Vancouver, Canada, that specializes in the testing and development of cannabinoid products. Founded in 2014 and operating as a subsidiary of Aurora Cannabis Inc. since 2018, Anandia provides comprehensive analytical testing services to the global cannabis industry. These services include assessments of potency, pesticides, microbes, and terpenes, catering to licensed producers and patients. The company leverages its expertise in cannabis-specific genomics and modern plant breeding techniques to ensure the safety and efficacy of cannabis products. Additionally, Anandia assists clients in analyzing test results and addressing any identified issues, thereby supporting the overall integrity of the Canadian cannabis sector.

springbig

Venture Round in 2017
SpringBig, Inc. develops and provides loyalty marketing, communication, and customer relationship management (CRM) software for cannabis dispensaries and cannabis brands. It offers springbig, a platform that increases retention, improves revenue, builds customer loyalty, and creates smarter marketing campaigns. The company’s platform also allows merchants to provide loyalty plans and rewards directly to consumers through an Internet portal and mobile applications; and provides referral programs and brand advertising services. SpringBig, Inc. was founded in 2012 and is headquartered in Boca Raton, Florida.

Tokyo Smoke

Series B in 2017
Tokyo Smoke is a modern lifestyle collective and a cultural movement. Our aim is to create an immersive physical experience, across verticals that touch our hearts, with the care, craft and expertise. Fundamentally, we believe Coffee, Clothing, and Cannabis are the lifeblood of the Creative Class. The Brand Tokyo Smoke is the touchstone for beauty, design, and quality in a society hungry for inclusive but sophisticated, designer brands. The combination of creativity, passion, and originality, has formed a sophisticated urban brand that goes beyond products. By integrating into the creative drivers of consumers, those being coffee, clothing and cannabis, Tokyo Smoke can help shape how today’s individual lives their life. This puts us in a unique position to interact with consumers within multiple touch points throughout their day. Specifically, this is what the verticals allow us to do: • Coffee: the shops function as a brand experience center to host our customers and the community • Clothing: provides a foundation to interact with our customers and ambassadors across the world and to establish the legitimacy and reach of the brand • Cannabis: brings beauty, form and function to an underserved consumer, with Tokyo Smoke as the first brand to provide an aspirational and inspirational lifestyle that transcends the Cannabis culture Currently, there are two coffee bars / luxury Cannabis accessory shops that function as experience centers. The line of luxury men’s clothing is available at GotStyle, in the coffee shop as well as other select retailers. The line of Tokyo Smoke Cannabis is soon to be on shelf in Washington State with a first of its kind deal about to be signed in Canada.