Merida Capital

Happy Cabbage Analytics, Inc. is a data analytics and insights company dedicated to the cannabis industry. Founded in 2019 and based in San Francisco, California, it offers an integrated platform known as Polaris, which combines analytics, pricing, and marketing functionalities. The platform enables businesses to analyze dispensary data in order to gain insights into customer preferences and behaviors. This capability allows clients to create tailored marketing campaigns and enhance customer communications, fostering loyalty and improving operational efficiency. Happy Cabbage Analytics positions itself as a bridge between data and actionable strategies, empowering clients to promote their products effectively in a competitive market.

Phylos is a crop science company that applies molecular genetics and computational biology to breed hemp and cannabis. Founded in 2014, it's headquartered in Portland, Oregon.

Pilgrim Soul is a cannabis brand dedicated to enhancing human creative performance through its cannabinoid and terpene products. It offers various cannabis strains, backed by research and development efforts with chemists and researchers, aiming to optimize creative output.

Cellibre, Inc. is a cellular agriculture company founded in 2017 and headquartered in San Diego, California. The company focuses on transforming cells into specialized, sustainable factories to produce significant biological products at scale. Employing an organism-agnostic approach, Cellibre develops natural medicines by leveraging the naturopathic therapies of various cultures, as well as utilizing resources from plants, animals, insects, and marine life. This innovative method enables the healthcare industry to produce cannabinoid-based medicines aimed at providing efficient treatment options.

MainStem is a technology-driven distribution platform focused on cannabis ancillary products. It operates an online marketplace that connects cannabis businesses with wholesale suppliers and manufacturers, offering access to over 10,000 products and integrated procurement features. The platform tracks orders and product data, uses predictive analytics to manage spending, and provides ERP integration to streamline purchasing and accounting. It also enhances logistics and expands customer reach by integrating with industry software. Headquartered in Seattle with a warehouse in Portland, MainStem was incorporated in 2014 and serves regulated cannabis markets by simplifying sourcing while reducing procurement time and costs.

Founded in 2017, Brytemap develops software solutions for the cannabis industry. Its platform offers features such as point-of-sale systems, patient loyalty programs, SMS services, electronic payments, and inventory management using RFID technology. Brytemap serves growers, cultivators, and medical dispensaries, helping them simplify operations, reduce labor costs, and increase revenue.

Bast Fibre Technologies is a Victoria, Canada-based producer and developer of plant-based intact natural fibres for nonwoven and textile applications. It creates IP-protected enhancements for bast fibres such as hemp and flax and supplies fibres to consumer and industrial markets for baby wipes, personal care, household wipes, and related products, as well as textiles and fabrics. The company focuses on engineering and commercializing processing technologies and fibre solutions destined for natural yarn, pulp, and composite applications, enabling improved absorbency, comfort, and environmental benefits. Founded in 2016, the firm aims to advance sustainable fibre solutions across high-value product markets.

Petalfast Inc. is a sales and marketing company focused on the cannabis industry, providing a comprehensive suite of services designed to enhance brand visibility and drive growth. Founded in 2020 and based in Middletown, Delaware, Petalfast offers a range of marketing solutions, including brand strategy, graphic identity, packaging design, audience segmentation, retail strategy, and digital content creation. Their sales accelerator comprises six components that can be utilized independently or collectively to maximize impact. By leveraging its marketing expertise, Petalfast assists cannabis brands in developing effective sales strategies, optimizing their market reach, and implementing targeted advertising campaigns. The company's approach is tailored to meet the specific needs of clients in the cannabis sector, enabling them to navigate a competitive landscape and achieve sustainable growth.

Anebulo Pharmaceuticals is a clinical-stage biotechnology company focused on developing therapies for cannabinoid overdose and substance addiction. Its lead candidate, ANEB-001, is designed to reverse the effects of cannabinoid overdose within about one hour of administration. Early clinical data indicate rapid absorption and tolerability, with weight loss observed potentially linked to central cannabinoid receptor type 1 antagonism. The company aims to address acute overdose symptoms such as sedation, anxiety, panic, and psychosis by restoring balance to the endocannabinoid system.

Founded in 2014, Green Thumb Industries is a leading cannabis company based in Chicago, Illinois. It manufactures, distributes, and sells a wide range of cannabis products under brands like Rythm, Dogwalkers, and incredibles. The company operates over 75 retail stores nationwide, serving millions of customers annually.

SōRSE Technology specializes in water-soluble emulsion technology for infusing products with CBD, THC, and terpenes. With over 150 years of collective product development experience and a team of 30 dedicated to research, quality assurance, and operations, SōRSE supports clients' production efforts from inception to market launch.

LEAF is a smart home appliance that enables users to grow medicinal plants, food, and herbs at home with ease. The system automates the growing process by managing essential environmental factors, including nutrients, lighting, pH levels, and temperature, ensuring optimal conditions for plant growth. With its integrated technology, LEAF connects to smartphones, allowing users to monitor and control their growing environment remotely, streamlining the cultivation of high-quality plants. The company is based in Boulder, Colorado, and focuses on making home gardening accessible and convenient for individuals.

SLANG Worldwide is a consumer‑packaged‑goods company that owns, licenses, and markets cannabis brands across the flower, concentrates, edibles, and beverage categories. Founded in 2017, the company is headquartered in Toronto, Ontario.

Canadian Rockies Hemp operates a hemp fiber decorticator facility that processes Canadian hemp for fiber, dust, and products. The company works with farmers to integrate hemp into their crop rotation, increasing farm profits and reducing disease pressures.

Lowell Herb Co. is a cannabis company based in Los Angeles, California, that specializes in the cultivation and production of cannabis pre-rolls branded as Lowell Smokes, catering to both recreational and medicinal markets. Founded in 1909, the company has a rich history that began with the cultivation of Indian Hemp on a farm in central California. Lowell Herb Co. is recognized for its commitment to elevating the perception of cannabis consumption through sophisticated packaging and high-quality products, making it a notable player in the cannabis industry.

Rev Genomics, Inc., established in 2015 and headquartered in Oakland, California, specializes in plant biotechnology. The company develops and provides novel molecular and morphological phenotypes for plant breeders, growers, and retailers. Its core business involves reconstructing full genome sequences by isolating DNA samples and analyzing them using advanced bioinformatics techniques such as RNA sequencing, molecular markers, and quantitative trait mapping technologies. This enables clients to access crop cultivars with valuable biochemicals, ultimately enhancing crop production.

Vega Holdings operates both indoor and outdoor facilities that produce the lucrative cannabidiol.

Higher Learning Institutions operates as a vocational school dedicated to affordable career development, training, and job placement for underserved communities, with a focus on the cannabis industry. The program provides state-licensed training, hands-on experience through a cultivation and extraction lab, and partnerships with a major university to expand access to certificates, internships, seminars, and direct job opportunities. The organization emphasizes practical, job-ready skills and aims to prepare students to enter the cannabis sector with confidence.

Founded in 2013, Cresco Labs is a vertically-integrated multi-state cannabis operator headquartered in Chicago, Illinois. It cultivates, manufactures, and distributes cannabis products under its national dispensary brand Sunnyside, with a mission to normalize and professionalize the industry.

Henry's Original is a producer of handcrafted cannabis products sourced from family-run farms in Mendocino County. Established in mid-2017, the company focuses on delivering health and wellness-oriented cannabis offerings, including flower, pre-rolls, singles, and flower vape cartridges in seasonal varieties and CBD-heavy options. All products are cultivated in Mendocino County, ensuring they meet and exceed California State standards for organic quality. Henry's Original has garnered attention from various media outlets, reflecting its commitment to providing consumers with access to organically grown cannabis directly from the farm.

Tokr, LLC operates the tökr application, a cannabis health and wellness platform designed for consumers, products, and dispensaries. Founded in 2016 and located in Venice, California, the app simplifies the process of shopping for cannabis by utilizing data-driven technology to connect consumers with brands. It caters to both new and experienced users by allowing them to customize their cannabis experience according to their medical and social preferences. The application features a diverse range of products, including bath bombs, medicine tinctures, relief balms, and anti-aging creams, which are not readily available in other markets. By offering an efficient tool for brands to market their products and enhance sales, tökr aims to modernize the cannabis shopping experience and redefine consumer engagement within the industry.

GrowGeneration operates specialty retail stores focused on hydroponic and organic gardening. It markets and distributes a range of products including nutrients, growing media, advanced lighting systems, ventilation equipment, and accessories for hydroponic gardening.

Founded in 2017, MediaJel specializes in digital marketing for regulated industries such as cannabis, CBD, and alcohol. It offers a compliant omnichannel platform that enables businesses to advertise on mainstream media, track revenue, and gain real-time performance insights.

Henry's Original is a producer of handcrafted cannabis products sourced from family-run farms in Mendocino County. Established in mid-2017, the company focuses on delivering health and wellness-oriented cannabis offerings, including flower, pre-rolls, singles, and flower vape cartridges in seasonal varieties and CBD-heavy options. All products are cultivated in Mendocino County, ensuring they meet and exceed California State standards for organic quality. Henry's Original has garnered attention from various media outlets, reflecting its commitment to providing consumers with access to organically grown cannabis directly from the farm.

Vertical Companies is a leading vertically integrated cannabis firm that cultivates, extracts, and distributes a wide range of cannabis products. Established in 2014 and headquartered in Agoura Hills, California, the company operates in Arizona, California, and Kentucky, with plans for further expansion into other states. Vertical Companies offers a diverse array of products, including flowers and extracts in various forms such as vapes, capsules, tinctures, lozenges, nebulizers, and topicals, which are supplied to distributors and retailers. The company is supported by a team of experienced professionals from various industries, including beverage, agriculture, and healthcare, enabling it to excel in product development, branding, and legal compliance within the evolving cannabis market.

CB2 Insights is a research and technology company focused on integrating medical cannabis into traditional healthcare. It operates as a full-service clinical research organization (CRO), specializing in Phase III and IV clinical trials, including post-marketing, observational, and experimental studies across various therapeutic areas. The company provides a comprehensive suite of data and technology solutions designed to support sponsors globally in their clinical research endeavors.

Founded in 2015, Simplifya is a Denver-based company specializing in cloud-based software solutions for the cannabis industry. Its primary product is a SaaS application that enables businesses to monitor and maintain legal compliance with state and local regulations, track licensee operations, and manage multiple users, locations, and licenses.

Materia Medica Processing Srl is a company based in Bolzano, Italy, specializing in the processing and production of cannabis and related products. Founded in 2018, the company focuses on purifying the phytochemical profile of the hemp plant to create high-concentration cannabidiol (CBD) extracts that are tetrahydrocannabinol-free. Their offerings include oils, resinous extracts, and crystals, all designed to retain the full spectrum of terpenes while eliminating psychoactive compounds. Materia Medica Processing employs advanced purification and analytical techniques, utilizing high-performance liquid chromatography (HPLC) for cannabinoid detection, mass spectroscopy for pesticide analysis, and microbiological assessments to ensure product safety and quality. The company aims to develop branded retail products that meet organic standards and fulfill customer requirements for natural benefits.

Canndescent LLC is a cannabis company based in Santa Barbara, California, specializing in the cultivation of premium cannabis flowers for medical purposes. The company employs a proprietary cultivation technology that enhances aromas and flavors, ensuring a consistent product for its customers. Canndescent distinguishes itself by abandoning traditional strain names, allowing for a more straightforward understanding of its offerings. Committed to compliance with state and local regulations, the company manages the entire process from cultivation to packaging and distribution, providing a quality-driven service that emphasizes deep cultivation expertise.

Mode is the developer of a smart cannabis dosing device and companion application. They offer a sensible approach to cannabis consumption. They enable them to reach specific health and wellness objectives and achieve the ideal experience. They focus on analytics, data visualisation, data analysis, data science, and visualization.

Steep Hill is a science and technology company focused on cannabis and hemp markets, offering testing, analytics, and research services across medical and recreational cannabis, and related hemp products. The company operates laboratories to perform potency testing, safety screening, cultivation science, and genetic analysis, and provides scientific consulting to legislators and regulators worldwide. Founded in 2008 and headquartered in Berkeley, California, Steep Hill opened the first commercial cannabis lab in the United States and has since expanded its footprint internationally. In addition to lab services, it offers advisory support to regulatory bodies and conducts research and development in genetics, licensing, and remote testing to advance public safety standards. Through its subsidiaries, Steep Hill holds industrial hemp licenses for supplying cannabidiol and other cannabinoid-based products. This reflects a diversified focus on cannabis science, testing, and regulatory consultancy.

Vireo Growth is a cannabis company dedicated to providing safe access to high-quality products at fair prices. It actively engages with local communities and supports restorative justice initiatives. The company operates in cultivation, production, and retail segments.

Emerald Scientific, LLC is a distributor of scientific equipment and supplies specifically designed for the cannabis and hemp industries. Founded in 2012 and based in San Luis Obispo, California, the company offers a wide range of laboratory tools, including cleaning tools, filtration devices, pipettes, and storage containers, as well as sophisticated equipment such as air samplers, balances, centrifuges, and microscopes. In addition to supplying these essential tools, Emerald Scientific provides chemicals critical for cannabis analysis and extraction processes. The company is also known for its biannual inter-laboratory comparison proficiency test, known as the Emerald Test, which helps analytical labs meet regulatory standards. Emerald Scientific serves a diverse clientele, including testing labs, extraction facilities, and research institutions, by facilitating their operational needs with high-quality products and consulting services.

MainStem is a technology-driven distribution platform focused on cannabis ancillary products. It operates an online marketplace that connects cannabis businesses with wholesale suppliers and manufacturers, offering access to over 10,000 products and integrated procurement features. The platform tracks orders and product data, uses predictive analytics to manage spending, and provides ERP integration to streamline purchasing and accounting. It also enhances logistics and expands customer reach by integrating with industry software. Headquartered in Seattle with a warehouse in Portland, MainStem was incorporated in 2014 and serves regulated cannabis markets by simplifying sourcing while reducing procurement time and costs.

GrowGeneration operates specialty retail stores focused on hydroponic and organic gardening. It markets and distributes a range of products including nutrients, growing media, advanced lighting systems, ventilation equipment, and accessories for hydroponic gardening.

VividGro is a leading horticultural LED division of Lighting Science Group, specializing in agricultural technology. The company focuses on manufacturing advanced light-emitting diode lighting products designed for both consumer and commercial applications. VividGro's innovative solutions aim to enhance profitability for growers by reducing operational costs, boosting efficiencies, and increasing yields while shortening growth cycles. The company has also developed specialized lighting for unique environments, such as the international space station, to optimize plant growth, particularly in indoor horticulture and cannabis cultivation. Through its cutting-edge hardware and software, VividGro supports growers in achieving maximum productivity and cost-effectiveness.

Kush Bottles, established in 2010, specializes in providing innovative packaging solutions tailored for the legalized cannabis industry in North America. Over the years, the company has focused on understanding the unique needs of its clientele, which includes dispensaries, growers, and retail shops. By delivering high-quality service and products, Kush Bottles has positioned itself as a leading packaging supply and services provider dedicated solely to the cannabis sector. Their experience and commitment to excellence have made them a trusted partner for thousands of businesses within this rapidly expanding market.

Jushi Holdings is a multi-state cannabis company that develops and operates retail locations under brands such as Hijinks, The Bank, and The Lab. It also engages in cultivation, processing, and distribution of cannabis products for both medical and adult-use markets.

Founded in 2015, Simplifya is a Denver-based company specializing in cloud-based software solutions for the cannabis industry. Its primary product is a SaaS application that enables businesses to monitor and maintain legal compliance with state and local regulations, track licensee operations, and manage multiple users, locations, and licenses.

GrowGeneration operates specialty retail stores focused on hydroponic and organic gardening. It markets and distributes a range of products including nutrients, growing media, advanced lighting systems, ventilation equipment, and accessories for hydroponic gardening.

Manna Molecular Science develops cannabis and cannabidiol products using scientific delivery technologies, focusing on transdermal patches, serums, and lotions designed for precise dosing, efficacy, and personalized therapy. It manufactures pharmaceutical-grade, whole-plant cannabis products and extracts to deliver wellness benefits through modern delivery systems. The company distributes its products through retailers and online, and is based in Mansfield, Massachusetts.

Steep Hill is a science and technology company focused on cannabis and hemp markets, offering testing, analytics, and research services across medical and recreational cannabis, and related hemp products. The company operates laboratories to perform potency testing, safety screening, cultivation science, and genetic analysis, and provides scientific consulting to legislators and regulators worldwide. Founded in 2008 and headquartered in Berkeley, California, Steep Hill opened the first commercial cannabis lab in the United States and has since expanded its footprint internationally. In addition to lab services, it offers advisory support to regulatory bodies and conducts research and development in genetics, licensing, and remote testing to advance public safety standards. Through its subsidiaries, Steep Hill holds industrial hemp licenses for supplying cannabidiol and other cannabinoid-based products. This reflects a diversified focus on cannabis science, testing, and regulatory consultancy.

LumiGrow, Inc. specializes in developing innovative horticultural LED lighting solutions aimed at enhancing plant growth and improving agricultural yields. Founded in 2008 and based in Emeryville, California, the company offers a range of products including LED grow lights and a smartPAR wireless control system, which allows users to manage lighting schedules, monitor energy usage, and control multiple growing zones via smartphones, tablets, or computers. LumiGrow's products are utilized in various commercial applications, including floriculture, propagation, breeding, and the cultivation of leafy greens, vine crops, and cannabis. The company serves a diverse clientele, including agribusinesses, produce and flower growers, garden centers, and academic institutions, providing them with the technology to achieve high-quality crops, increased yields, and operational efficiencies. Over the years, many leading horticulture and research institutions have adopted LumiGrow's lighting solutions, replacing traditional HID lighting with its advanced systems, resulting in significant improvements in crop performance.

TrueGreen provides consumer loyalty and management, consumption intelligence, regularity and lab services, and e-commerce integration services. They also provide digitizes inventory and provides compliance, operational, and consumer engagement efficiencies.