Founded in 2013, Poseidon Asset Management is a San Francisco-based investment firm specializing in the cannabis industry. It manages funds and separate client portfolios, primarily investing in companies across diversified cannabis and hemp sectors using fundamental analysis.
Casa Verde Capital is a venture capital firm based in West Hollywood, California, founded in 2015. It concentrates on early-stage investments in the cannabis sector, with a focus on ancillary businesses that do not touch the plant, including areas such as agtech, health and wellness, financial services, technology, media, compliance, and laboratory technology.
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.
Canopy Growth is a diversified cannabis and cannabinoid product company that develops and sells medical and recreational cannabis and hemp products. It offers a broad range of consumer formats, including dried flower, oil, softgel capsules, infused beverages, edibles, topicals, and vaporizer devices in partnership with Storz & Bickel. The company owns and markets several brands such as Doja, LivRelief, Ace Valley, and Deep Space, and operates through segments covering Canada cannabis, international markets cannabis, and hardware through Storz & Bickel. Canopy Growth focuses on leveraging consumer insights and product innovation to expand access to cannabis and cannabinoid-based products in regulated markets.
Founded in 2017, Gotham Green Partners is a New York-based private equity firm that focuses on cannabis and cannabis-related enterprises worldwide. The firm manages a diversified portfolio across the cannabis value chain and pursues investments through buyouts and growth capital. It also targets opportunities in healthcare services, consumer products and services, and wellness in the United States, Canada, and the broader Americas.
Founded in 2016, Merida Capital is a New York-based investment firm focusing on growth opportunities within the cannabis industry. Its investment strategy centers around cultivation technologies, products, and services associated with cannabis as an agricultural product, a natural medicine, a pharmaceutical constituent, and a recreational consumer product.
Curaleaf is a vertically integrated cannabis operator known for quality, expertise, and reliability. It cultivates, processes, markets, and dispenses cannabis products across medical and adult-use markets in the United States.
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.
Founded in 2011, Privateer Holdings is a private equity firm specializing in investments within the legal cannabis sector. It aims to build global brands that lead and define this emerging industry.
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.
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.
Founded in 2016 and based in Toronto, Canada, Green Acre Capital is a private investment firm focused exclusively on the cannabis industry. It invests across the value chain, including production, research, consumer products, and retail, with a focus on both medical and recreational markets in Canada.
Founded in 2015, Phyto Partners is a venture capital firm based in Boca Raton, Florida. It focuses on providing early-stage investments and operational support to cannabis industry entrepreneurs who lack access to traditional funding resources.
Founded in 2019, Delta Emerald Ventures is a New York-based venture capital firm focusing on data-driven investments. It primarily targets early-stage companies operating within the cannabis sector across North America.
RIV Capital is a venture capital firm focused on cannabis opportunities globally. It is stage agnostic, supporting investments from seed to later stages but generally seeks minority stakes in Series A to C rounds. The firm backs opportunities across a broad range of cannabis-related sectors, including agriculture and food sciences, wellness products, consumer products and accessories, software and data, pharmaceuticals and biotechnology, retail and distribution, media and content, and hardware, as well as production and processing activities such as cultivation, harvesting, extraction, and lab services. Typical check sizes range from CA$1 million to CA$40 million, with a more common range of CA$5 million to CA$10 million. Investments can be structured as debt, preferred or common equity, or production-linked royalties. RIV Capital pursues global opportunities and is based in Toronto, Canada.
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.
TerrAscend is a vertically-integrated Canadian company specializing in cannabis cultivation, processing, and distribution. It offers medical consultations, patient support programs, and hemp-derived wellness products. The company operates retail dispensaries in Canada and the United States.
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.
Chicago Atlantic Group is a credit-oriented investing platform headquartered in Chicago, Illinois, founded in 2017. It provides senior secured, collateralized debt facilities and targets opportunities in agriculture, retail, healthcare, real estate, and cannabis. The firm pursues time-sensitive, complex, or dislocated North American investments where risk is viewed as mispriced relative to traditional lenders. By focusing on private market opportunities outside banks and mainstream alternative managers, Chicago Atlantic Group seeks to address structural inefficiencies and capital gaps and to deploy capital in ways that complement existing financing options.
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.
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.
MariMed, a multi-state cannabis operator, develops and manages cultivation, production, and retail facilities. It operates brands including Betty's Eddies, Bubby's Baked, Vibations, InHouse, and Nature's Heritage. The company also provides advisory services to operators, including design, development, operations, financing, licensing assistance, real estate site selection, compliance, systems design, managed services for cultivation, production, distribution, business planning, financial modeling, community outreach, education, facility buildout, and business acceleration.
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.
MedMen Enterprises is a U.S.-based cannabis company committed to making cannabis accessible to all. Operating across California, Nevada, Illinois, Arizona, Massachusetts, and New York, the company offers its MedMen and LuxLyte brands in various product forms for both medical and recreational use.
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.
Tress Capital is a private equity firm focused on the cannabis sector, investing in segments such as lab testing, biotech, media, manufacturing and processing, cultivation, and technology including software and hardware. It provides debt and equity financing to companies across the cannabis value chain and operates globally, with activity in the United States and regions including Africa, the Middle East, Asia Pacific, Europe, and Latin America and the Caribbean. Founded in 2013 and based in New York, the firm seeks opportunities to support growth and development within the cannabis market.
Founded in 2010, The Arcview Group is a San Francisco-based company specializing in the legal cannabis industry. It connects investors with entrepreneurs to facilitate financing for cannabis-related businesses, focusing on areas such as cultivation, retail, infused products, and ancillary services.
Auxly Cannabis Group finances and supports cannabis cultivation facilities, enabling partners to maintain autonomy while accelerating market entry. In exchange for financing, Auxly receives equity and a share of cultivation yield.
Key Investment Partners is a Denver, Colorado-based venture capital firm that provides equity to early-stage companies. The firm invests across North America in sectors including software, consumer products and services, business products and services, fintech, cannabis, LOHAS and wellness, and life sciences.
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.
Established in 2016, Big Rock is a San Francisco-based investment firm focusing on the cannabis, food, and hospitality sectors. It supports businesses and individuals driving positive change within these industries through investments and strategic consulting.
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.
Founded in 2018 and headquartered in Stamford, Connecticut, Measure 8 Venture Partners is a venture capital firm specializing in investments within the cannabis industry.
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.
Established in 2019 and headquartered in New York, L2 Ventures is a venture capital firm specializing in growth-stage investments within the cannabis industry.
Altitude Investment Management is a venture capital firm based in New York, specializing in early-stage to growth investments in companies supporting the legal cannabis industry across North America and Europe.
Sol Global Investments is a Canada-based investment firm that pursues strategic equity investments and partnerships through a growth-focused approach. It targets high-growth opportunities across sectors that disrupt traditional markets and supports ventures from early stages toward scalable development. While active in cannabis-related opportunities, the firm emphasizes thematic, market-disruptive investments and leverages international reach to collaborate with portfolio companies, combining capital deployment with strategic guidance to accelerate growth.
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.
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.
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.
Village Farms International is a vertically integrated greenhouse agriculture company based in Delta, British Columbia, that grows and markets greenhouse tomatoes, bell peppers and cucumbers for North American retailers and distributors. The company operates across three segments: produce, energy, and cannabis and hemp. It owns a 7-megawatt power plant that supplies electricity to regional utilities and produces cannabis products through its Pure Sunfarms subsidiary, as well as cannabidiol products through Balanced Health. Produce is marketed under the Village Farms brand and through exclusive arrangements with other greenhouse producers. Operations span Canada and the United States, with production in British Columbia and Texas. Founded in 1989, Village Farms International focuses on integrated cultivation, processing and distribution across fresh produce, cannabis and related wellness products.
Merida Capital Partners is a private equity investment firm founded in 2009 and based in Rye, New York. It concentrates on growth and expansion investments in cannabis cultivation technologies, cannabis products and services, and also pursues opportunities in healthcare, LOHAS and wellness sectors. The firm seeks impact-oriented investments in agriculture and health, supporting portfolio companies with capital and strategic guidance to scale within the United States.
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.
Founded in 2018, 7thirty Capital is a venture capital firm based in Boulder, Colorado. It focuses on early-stage investments globally, primarily in fin-tech, ag-tech, cybersecurity, and SaaS platforms.
Established in 2019, Btomorrow Ventures is the venture capital arm of British American Tobacco (BAT), headquartered in London. It invests in innovative startups focused on health and wellness, functional products, science, sustainability, and technology sectors, aiming to accelerate growth and enhance innovation.
Founded in 2014, Tuatara Capital is a New York-based private equity firm focused on supporting the growth of companies in transformative industries, with a primary focus on the cannabis industry in the United States. The company provides strategic, financial, and operational support to help businesses navigate evolving regulatory frameworks and build sustainable operations.
12/12 Ventures is a venture capital firm established in 2020 and located in Sausalito, California. The firm specializes in investing in cannabis-focused companies, with a particular emphasis on those operating within the technology sector. By targeting this niche, 12/12 Ventures aims to support the growth and innovation of businesses at the intersection of cannabis and technology.
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.
Established in 2006, Bengal Capital is a venture capital firm specializing in investments within the cannabis industry since 2013. The company provides seed stage and growth capital alongside traditional advisory resources to its operators across various sectors of the cannabis industry.
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.