Poseidon Asset Management, LLC is an employee-owned investment firm based in San Francisco, California, founded in 2013. The firm focuses exclusively on the cannabis and hemp sectors, employing a combination of fundamental, cyclical, and technical analysis to guide its investment decisions. Poseidon aims to provide a curated portfolio of promising ventures within this burgeoning industry, supporting companies in areas such as agtech, compliance technology, genetics, lab testing, industrial hemp, machine learning, and data analytics. The firm is committed to fostering responsible growth in the cannabis industry while advocating for the end of cannabis prohibition and addressing the associated injustices. As a Registered Investment Adviser, Poseidon manages pooled investment vehicles and separate client-focused portfolios, aligning its investment strategies with the evolving landscape of the cannabis market.

Casa Verde Capital is a venture capital firm established in 2015 and based in Los Angeles, California. The firm specializes in seed investments within the cannabis industry, focusing specifically on ancillary businesses that do not directly handle the plant. This includes sectors such as agtech, health and wellness, financial services, technology, media, compliance, and laboratory technology. Casa Verde Capital aims to capitalize on what it views as one of the most compelling investment opportunities of the current generation, particularly within the evolving cannabis landscape in the United States. As a registered investment adviser, the firm seeks to support companies at various stages of development, from seed to later-stage investments.

Gotham Green Partners is a private equity firm established in 2017, with offices in New York and Santa Monica, California. The firm specializes in investing in cannabis and cannabis-related enterprises, focusing on the entire cannabis value chain on a global scale. Gotham Green Partners manages a diversified investment portfolio and employs strategies such as buyouts and growth capital to support its investments. In addition to the cannabis sector, the firm also considers opportunities in healthcare services, consumer products, consumer services, and wellness, primarily within the United States and Canada. As a Registered Investment Adviser (RIA), Gotham Green Partners is committed to deploying capital effectively within these industries.

CanopyBoulder, established in 2014 and located in Boulder, Colorado, operates as a mentorship-driven seed-stage investment program specifically for startups within the cannabis industry. The firm concentrates on companies that produce ancillary products and services related to marijuana, hemp, and cannabidiol. In addition to its accelerator program, CanopyBoulder manages a venture fund dedicated to supporting businesses in the legal cannabis sector. Through its initiatives, CanopyBoulder aims to foster innovation and growth in the evolving landscape of the cannabis market.

High Tide Inc. is a vertically integrated company operating in the Canadian cannabis market, specializing in the design, manufacture, and distribution of cannabis accessories and alternative lifestyle products. The company also retails cannabis products through its network of stores. As of August 2020, High Tide operated 34 Canna Cabana retail locations across Ontario, Alberta, and Saskatchewan. Founded in 2009 and headquartered in Calgary, Canada, High Tide has established a diverse portfolio of subsidiaries, including RGR Canada Inc., Smoker's Corner Ltd., Famous Brandz Inc., Canna Cabana Inc., and the majority of KushBar Inc. The company's focus on retail and product development positions it as a significant player in the cannabis industry.

Merida Capital Holdings is a private equity firm established in 2016 and headquartered in Rye, New York. The firm specializes in investing in the cannabis industry, targeting key growth areas such as cultivation technologies, and products and services that support cannabis as an agricultural commodity, natural medicine, and recreational consumer product. By focusing on the evolving landscape of cannabis, Merida Capital Holdings aims to capitalize on the industry's rapid development and its integration into various sectors, including pharmaceuticals. As a Registered Investment Adviser, the firm is positioned to leverage its expertise in the cannabis market to drive significant growth.

Privateer Holdings, Inc. is a private equity firm based in Seattle, Washington, established in 2010. The company focuses on investments in the legal cannabis industry, aiming to shape its future through acquisitions, investments, and incubation of cannabis-related businesses. With additional offices in San Francisco, Newport Beach, and Denver, Privateer seeks to build a portfolio of global brands that will lead and legitimize the cannabis market. Its notable investments include Leafly, a prominent cannabis information resource; Tilray, a leading producer of medical cannabis; and Marley Natural, the official cannabis and lifestyle brand associated with Bob Marley. Through its strategic initiatives, Privateer aims to contribute to the end of cannabis prohibition and mitigate the associated social harms.

Salveo Capital is a private equity and venture capital firm founded in 2016 and based in Northbrook, Illinois. The firm specializes in direct investments across various stages, including seed, early, mid, and late stage, as well as growth capital investments. Salveo Capital primarily focuses on the legalized cannabis industry, targeting companies involved in marijuana cultivation, dispensaries, and ancillary services such as software, financial services, and biotechnology. The firm aims to partner with entrepreneurs and management teams to develop high-growth companies within this sector. Salveo Capital typically invests between $5 million and $10 million and emphasizes sectors that support the cannabis ecosystem, including agriculture technology, genetics, and digital media.

WelCan Capital is an investment firm that focuses on high-impact, foundational companies in the cannabis industry. Their approach combines people, purpose, and profits to maximize returns for investors while promoting responsible change through strategic investments, sustainable practices, education, and philanthropy. Specializing in early-stage and growth opportunities, WelCan Capital invests in both plant touching and ancillary businesses within the cannabis sector.

Entourage Effect Capital, LLC, established in 2014 and based in Dallas, Texas, is a private investment firm specializing in the cannabis industry. The firm invests in emerging growth companies across the United States, taking an active role in adding value to management teams. Entourage Effect Capital differentiates itself by leveraging its sector experience, networks, and investment process, much like the synergistic effects of cannabis compounds, to accelerate portfolio companies' growth and create exit opportunities.

Canaccord Genuity, established in 1950 and headquartered in Toronto, Canada, is an independent investment bank offering comprehensive financial services. The company provides a full suite of services, including market research, equity sales and trading, analysis, and financing, catering to a diverse range of industries such as blockchain, cannabis, gaming, and technology. Canaccord Genuity also offers wealth management services through its subsidiary, Canaccord Genuity Wealth Management, which provides tailored solutions to individual investors, private clients, charities, and intermediaries across Canada, Australia, the UK, and Europe. The company operates as a division of Canaccord Genuity Group and advises clients on debt, restructuring, capital markets, mergers and acquisitions, and financing transactions.

Chicago Atlantic Group is a credit-oriented investing platform located in Chicago, Illinois. The firm specializes in identifying and capitalizing on time-sensitive and complex investment opportunities in North America, particularly in dislocated markets where risk is often mispriced. Chicago Atlantic Group provides senior secured, collateralized debt facilities and serves various sectors, including agriculture, retail, healthcare, real estate, and cannabis.

Delta Emerald Ventures is a founder-focused investment firm based in New York, established in 2019. The firm specializes in venture capital, targeting investments in a diverse range of sectors including consumer products, consumer services, healthcare, cannabis, and wellness. Delta Emerald Ventures aims to support companies across the United States, Canada, and Europe, utilizing a data-driven approach to enhance its investment strategies and foster growth in its portfolio.

Phyto Partners, established in 2015, is a venture capital firm headquartered in Boca Raton, Florida. The company specializes in providing early-stage and later-stage capital to cannabis industry entrepreneurs and businesses, particularly those lacking access to traditional funding sources. Phyto Partners offers more than financial backing; it leverages its extensive network of experienced professionals to assist portfolio companies with operational support, strategic guidance, and financing needs. The firm invests in various cannabis industry sectors, including education, branded products, agriculture technology, point-of-sale software, advertising technology, and biotechnology.

MariMed is a prominent multi-state operator in the United States cannabis industry, specializing in the design, development, and management of regulatory-compliant facilities for the cultivation, production, and dispensing of both medical and adult-use cannabis. The company offers a comprehensive range of services, including operational design, legal compliance, community outreach, and facility buildout, while also providing assistance with licensing applications and real estate site selection. In addition to managing its own cannabis facilities, MariMed licenses its proprietary cannabis brands and collaborates with other leading brands in the market. The company generates revenue through product sales, real estate rental income, supply procurement, management fees, and licensing fees, positioning itself as a key player in the evolving cannabis landscape.

Green Acre Capital, established in 2016 and headquartered in Toronto, Ontario, is a private equity firm specializing in the Canadian cannabis industry. It manages two funds, Green Acre Capital Fund I (2017 vintage) and Fund II (2018 vintage), investing in various sectors across the cannabis value chain, such as production, research, consumer products, and retail. The firm targets investments of USD 5 million to USD 10 million per company, aiming to make 12 to 15 investments per fund.

Jushi Holdings is a vertically integrated multi-state cannabis company that engages in the cultivation, processing, distribution, and retail of cannabis and hemp products for both medical and adult-use markets. The company operates a diverse portfolio of premium brands, including the BEYOND / HELLO chain of cannabis dispensaries and the hemp-based CBD brand Nira, which encompasses several product lines such as The Lab: Concentrates and The Bank: Flower + Genetics. Additionally, Jushi offers a precision-formulated line of medical cannabis products under the Nira Plus brand. The company focuses on growth through opportunistic acquisitions and competitive applications, positioning itself as a key player in the rapidly evolving cannabis industry.

Tilray, Inc. is a company engaged in the research, cultivation, processing, and distribution of medical cannabis. It provides pharmaceutical-grade cannabis products to a diverse clientele, including patients, physicians, pharmacies, governments, and researchers, while also supporting clinical research applications. The company is involved in the cannabis-lifestyle sector, offering hemp-based foods and craft beverages, emphasizing the delivery of safe and reliable medical cannabis products. Tilray operates across multiple countries, including Argentina, Australia, Canada, Germany, Israel, and the United Kingdom, among others. Incorporated in 2018, Tilray is headquartered in Nanaimo, Canada.

Silverleaf Venture Partners is a private equity investment manager specializing in the cannabis industry. Founded in 2017 and based in Stamford, Connecticut, the firm focuses on harnessing the growth potential of this emerging market. The founding partners bring over three decades of experience in private equity, real estate, and entrepreneurial investments, allowing them to develop strategies that minimize downside risk while maximizing upside potential. Initially, Silverleaf invested its personal capital in a select group of respected companies within the cannabis sector, reflecting their confidence in the industry's trajectory.

RIV Capital is a private equity investment firm based in Toronto, Canada, established in 2017. The firm focuses on the cannabis industry and related sectors, including agriculture, food sciences, pharmaceuticals, biotechnology, wellness products, consumer products, and media. RIV Capital aims to invest in companies at various stages of development, from seed to sale, but typically prefers series A to C funding rounds. Its investment strategy encompasses a wide range of areas such as cultivation techniques, product processing, retail and distribution, and consumer accessories. The firm is particularly interested in opportunities that involve innovative products like edibles, beverages, and cannabis consumption devices. RIV Capital engages in minority stake investments and applies diverse investment structures, including debt and equity options. The firm seeks to capitalize on the growth potential within the cannabis sector and its adjacent industries globally.

Green Thumb Industries is a prominent cannabis cultivator, processor, and dispensary operator based in Chicago, Illinois. Founded in 2014, the company produces and sells a wide range of cannabis products for both medical and adult-use markets in the United States. Its product portfolio includes cannabis flower, edibles, concentrates, and topicals, marketed under well-known brands such as Rythm, Dogwalkers, incredibles, and Dr. Solomon’s. Green Thumb operates 92 retail stores branded as RISE and has established a presence in 14 states, focusing on expansion in areas with limited licenses and high population density. With approximately 4,000 employees, the company serves millions of customers each year through both wholesale distribution to third-party retailers and direct sales to consumers in its own stores.

Tress Capital, LLC is a private equity firm established in 2013 and headquartered in New York, New York. It specializes in the cannabis sector, focusing on areas such as lab testing, biotechnology, media, manufacturing, processing, cultivation, technology (both software and hardware), and crop protection. The firm invests in various regions, including the United States, Africa, the Middle East, Asia Pacific, Europe, and Latin America. Tress Capital employs both debt and equity financing strategies to support its investments, positioning itself as a significant player within the cannabis industry.

Quinsam Capital Corporation is an investment and merchant banking firm based in Toronto, Canada, with a focus on the small-cap market. Established in 2004, the company engages in various activities, including acquisitions, advisory services, lending, and portfolio investments. While Quinsam has a diverse investment strategy that spans technology, healthcare, mining, e-sports, and cannabis sectors, it primarily emphasizes cannabis-related investments. The firm seeks to invest in assets, companies, or projects that are perceived as undervalued, aiming to unlock their potential through strategic financial interventions and management expertise.

iAnthus Capital Holdings, Inc. is involved in the cannabis industry through its subsidiary, iAnthus Capital Management, LLC. The company offers investors diversified exposure to licensed cannabis cultivators, processors, and dispensaries across the United States. iAnthus has established ownership, operational control, or partnerships with marijuana license holders in several states, including Massachusetts, Vermont, Colorado, and New Mexico. By combining financial resources with operational expertise, iAnthus aims to support the growth of its partners in the legal cannabis market.

Key Investment Partners, established in 2018, is a Denver, Colorado-based venture capital firm. It primarily invests in early-stage companies, with a focus on technology and B2C sectors. The firm manages two funds: Key Investment Partners Fund I (2020 vintage) and Fund II (2023 vintage). Both funds target later-stage investments, with a minimum investment of $25,000. Fund I has a broader investment scope, including software, consumer products, business services, fintech, LOHAS and wellness, and life science sectors, while Fund II is dedicated to the cannabis sector.

Measure 8 Venture Partners, LP is a venture capital firm established in 2018 and located in New York, New York. The firm focuses on investments in the cannabis industry, aiming to capitalize on the growth of both the U.S. and global markets related to cannabis. As a Registered Investment Adviser, Measure 8 Venture Partners is positioned to identify and support emerging opportunities within this evolving sector.

Ensemble is a venture capital firm based in San Francisco, California, founded in 2019. The firm focuses on investing in the cannabis ecosystem, serving as a brand accelerator within this market. Ensemble aims to support and enhance the growth of cannabis-related businesses by providing capital and strategic guidance, fostering innovation and development in an evolving industry.

Halley Venture Partners, L.P. is a venture capital firm established in 2017 and based in Lafayette, California. The firm specializes in early-stage investments primarily within the legal cannabis industry, focusing on cannabis-related technology and agricultural companies. Halley Venture Partners aims to support ancillary cannabis technology businesses that enhance sales, facilitate product development, reduce operational costs, ensure regulatory compliance, and explore the medical benefits of cannabis and hemp. The firm is composed of a diverse team of professionals, including financial experts, engineers, scientists, and legal advisors, who work collaboratively to identify and nurture promising companies and visionary founders in the cannabis sector.

Navy Capital, founded in 2014 and based in New York, is a hedge fund manager that specializes in the legal cannabis industry. The firm employs a research-oriented and fundamentally-driven investment approach, focusing on identifying high-quality businesses across key verticals, including Consumer, Healthcare, Technology, Industrials, and Agriculture. By leveraging its expertise in these sectors, Navy Capital aims to uncover attractive investment opportunities within the growing global cannabis market.

Big Rock Partners, LLC is a family office based in San Francisco that focuses on the cannabis, hospitality, and wellness sectors. Established in 2016, the firm is dedicated to investing in, consulting for, and supporting businesses, non-profits, and individuals that promote positive change within these industries. With a particular emphasis on California and its surrounding areas, Big Rock aims to foster innovation and growth in markets that align with its mission.

The Arcview Group, LLC is an investment and research company focused on the cannabis industry, established in 2010 and based in San Francisco, California. The firm connects investors with cannabis-related businesses, helping entrepreneurs secure funding through its network of investor members. It provides support across various sectors, including LED lighting technology, inventory management, compliance, property investment, organic nutrients, hemp cultivation, CBD extraction, and cannabis packaging. The Arcview Group also assists licensed cultivators, retailers, and infused product manufacturers in navigating the evolving legal cannabis landscape. In addition to facilitating investments, the company hosts webinars and develops tools like the MyDispensary Mobile App to further support the industry. Through initiatives such as The Arcview Angel Network, the organization aims to foster the growth of the next generation of cannabis enterprises.

TerrAscend Corp. is a Canadian cannabis company that cultivates, processes, and sells medical and adult-use cannabis in Canada, the United States, and Europe. Founded in 2017 and headquartered in Mississauga, the company operates through subsidiaries that provide physician consultations, patient education, and support programs. It focuses on developing quality products that address the needs of patients, including prescription cannabinoids and medical cannabis solutions for those suffering from chronic pain and debilitating illnesses. Additionally, TerrAscend manufactures cannabis-infused artisan edibles and distributes hemp-derived wellness products to retail locations, while also operating retail dispensaries in California and Pennsylvania. The company is dedicated to drug research and development, as well as the advancement of cannabis delivery systems and health products.

Liuna Pension Fund of Central and Eastern Canada is a multi-employer union pension fund located in Oakville, Canada. Established in 1972, the organization is dedicated to providing retirement benefits for employees covered by agreements between their employers and the union, as well as agreements with the trustees of the plan. The fund's assets are overseen by an executive management team, ensuring effective management and allocation of resources to support the financial security of its members in retirement.

Acreage Holdings, established in 2011 and headquartered in New York, is a vertically integrated, multi-state operator in the cannabis industry. It owns and operates cultivation, processing, and dispensary facilities in 13 states where cannabis is legal, either medically or recreationally. Acreage focuses on creating a consumer-centric branded cannabis experience, with a significant U.S. footprint. Its revenue is generated through retail dispensary sales of cannabis and cannabis-infused products.

Btomorrow Ventures (BTV), established in 2019, operates as the corporate venturing unit of British American Tobacco and is based in London, United Kingdom. The firm focuses on investing in sectors that include health and wellness, functional products, science, sustainability, and technology. BTV is committed to collaborating with ambitious entrepreneurs to support their visions, aiming to foster innovation and accelerate growth within these industries. Through its investments, BTV contributes to BAT's broader mission of reducing the health impact of its business and evolving into a consumer-centric multi-category consumer packaged goods company.

Altitude Investment Management, LLC is a New York-based venture capital firm that specializes in investing in the legal cannabis industry. The firm focuses on a range of early-stage to growth-stage companies in North America and Europe. With a team experienced in managing alternative investment funds and navigating highly-regulated industries, Altitude is well-equipped to address the unique regulatory and funding challenges within the cannabis sector. Over the past three years, the firm has developed strong relationships with legal and regulatory professionals, industry executives, and consultants, enhancing its ability to identify and capitalize on investment opportunities in this rapidly expanding market.

Intrinsic Health Partners, based in Conshohocken, Pennsylvania, is a private equity firm specializing in growth capital investments. It focuses on healthcare and related sectors, including life sciences, cannabis, wellness, and technology. The firm leverages its team's extensive investment, pharmaceutical, and regulatory experience, along with a network of operating partners, to create value for portfolio companies and generate superior returns for investors.

Sol Global Investments is an international company headquartered in Calgary, Alberta, Canada, founded in 2014. It specializes in strategic investments and partnerships, primarily focusing on the cannabis sector. The company employs a private equity strategy that emphasizes thematic investments in growth industries, aiming to identify and support pioneering businesses that have the potential to disrupt traditional markets. Sol Global Investments seeks high-growth opportunities across various stages, from seed stage to initial public offerings, positioning itself as a growth-oriented firm dedicated to fostering innovation and expansion in dynamic sectors.

Bengal Capital is a venture capital firm and hedge fund manager based in Los Angeles, California, established in 2006. Since 2013, it has focused on investments in the cannabis industry, providing both advisory resources and capital at seed and growth stages. The firm aims to foster long-term partnerships with its operating partners across various segments of the cannabis market. With additional offices in New York and Chicago, Bengal Capital seeks to align its investment strategy with the evolving needs of the cannabis sector while offering a multi-asset volatility arbitrage approach to its broader investment portfolio.

7thirty Capital is a venture capital firm based in Boulder, Colorado, founded in 2018. The firm focuses on early-stage investments in a diverse range of sectors, including agricultural technology, retail technology, data and analytics, marketplaces, blockchain-based software, supply chains, robotics, machine learning, payment solutions, biotechnology, cybersecurity, and the legal cannabis and hemp industries. In addition to equity investments, 7thirty Capital offers various debt solutions, such as senior secured loans, mezzanine financing, inventory financing, receivables financing, equipment financing, and real estate loans. The firm's disciplined investment approach is designed to build a diversified portfolio that capitalizes on exceptional opportunities in technology and innovation globally.

Australis Capital is a publicly traded company based in Las Vegas, Nevada, focused on developing and advancing the cannabis industry to address the increasing market demand. Founded in 2018, the company leverages decades of expertise to strategically align with and invest in companies that meet high-quality standards within the cannabis value chain. By identifying, acquiring, and partnering with these companies, Australis Capital aims to enhance shareholder value and support the growth of the cannabis sector.

L2 Ventures is a venture capital firm based in New York, established in 2019, that specializes in growth-stage investments within the cannabis sector. The firm is dedicated to identifying and supporting companies that are poised for expansion in this emerging market. With a focus on the unique opportunities presented by the evolving cannabis industry, L2 Ventures aims to foster innovation and drive growth in its portfolio companies.

Tuatara Capital, established in 2014, is a New York-based private equity firm specializing in the cannabis industry within the United States. The company provides strategic, financial, and operational support to build and grow businesses in this sector, focusing on investments in cultivation, consumer products, retail, technology, processing, and industrial services.

Trulieve is a vertically integrated medical marijuana company that specializes in the cultivation, distribution, and sale of medical cannabis products. The organization is dedicated to providing patients with reliable relief through hand-grown plants cultivated in controlled environments designed to minimize unwanted chemicals and pests. Trulieve's operations encompass the entire process from seed to sale, ensuring that all products meet regulatory standards and patient needs. By focusing on quality and safety, Trulieve aims to establish trust with its consumers while contributing to the evolving landscape of medical marijuana.

Nutritional High International Inc. is a Canadian company engaged in the manufacture and processing of hemp and marijuana-infused cannabis oils, extracts, and edible products for both medical and adult recreational use. The company offers a range of cannabis-based products, including vaping supplies, concentrates, and infused edibles such as oil vape cartridges, syringes, dab jars, and mints. Additionally, it produces cannabis-infused chocolates under the FLÏ brand name and distributes various other branded cannabis products. Founded in 2004 and headquartered in Toronto, Nutritional High focuses on developing, acquiring, and designing innovative products within the marijuana-infused edible and oil extract sectors.

Achari Ventures is a New York-based investment firm founded in 2018 that specializes in venture capital investments in the cannabis sector. The firm focuses on supporting cannabis and cannabis-related companies, aiming to capitalize on the growth opportunities within this expanding industry. By targeting a niche market, Achari Ventures seeks to identify and invest in innovative businesses that are poised for success in the evolving landscape of cannabis.

Bonaventure Equity, LLC is a venture capital firm focused on providing growth capital to innovative cannabis companies that offer economic, societal, cultural, and healthcare benefits through advanced technologies and services. Established in 2014, the firm is headquartered in West Palm Beach, Florida, with an additional office in Jupiter, Florida. Bonaventure Equity primarily targets investments in the cannabis sector but also explores opportunities in healthcare, agriculture, advanced manufacturing, food technology, life sciences, health technology, and digital health across the United States. The firm aims to support the development of next-generation solutions that positively impact various industries and communities.

Thoughtful Brands operates as a direct-to-consumer provider of natural health products, focusing on cannabidiol (CBD) derived from cultivated hemp. The company offers a variety of CBD hemp-oil formulations and cosmetics through its proprietary e-commerce platform. Its product range includes offerings under the brands Nature’s Exclusive, First Class, and Sativida, catering to markets in both the United States and Europe. Headquartered in Vancouver, Canada, Thoughtful Brands emphasizes accessibility and quality in its health product line.

Planet 13 Holdings Inc. is a cannabis company based in Las Vegas, Nevada, that engages in the cultivation, production, distribution, and marketing of cannabis and cannabis-infused products for both medical and retail markets. The company operates dispensaries that offer a wide range of cannabis products, including vapes, edibles, pre-rolls, and concentrates, and aims to provide a unique and engaging dispensary experience. In addition to its retail operations, Planet 13 provides various services such as patient education, compassionate care programs, and home delivery. The company also operates a coffee shop and pizzeria within its facilities. Its product offerings are marketed under several brands, including Planet 13, Medizin, TRENDI, Leaf & Vine, HaHa, and Dreamland Chocolates, reflecting its commitment to quality and customer service.

Punch Edibles manufactures and supplies a variety of flavorful medicinal-CBD gummies, chocolate, rolls, fruit snacks, extracts, and vapes.