10 Venture Capitalists Investing in Cannabis

The cannabis industry has taken off over the last few years as legalization sweeps across US states. Since 2011 venture capital investment in the cannabis space has gone from a tad more than $0 to $1.5B+ in 2019.

To keep an eye on the space as it continues to grow, we wanted to share what venture capitalists are active in the space. Visible Connect is our investor database. Connect allows founders to find active investors using the fields we have found most valuable, including:

  • Check size — minimum, max, and sweet spot
  • Investment Geography — where a firm generally invests
  • Board Seat — Determines the chances that an investment firm will take a board of directors seat in your startup/company.
  • Traction Metrics — Show what metrics the Investing firm looks for when deciding whether or not to invest in the given startup/company.
  • Verified — Shows whether or not the Investment Firm information was entered first-handed by a member of the firm or confirmed the data.
  • And more!

Using Visible Connect, we’ve identified the 10 investors below to be actively investing in the cannabis space:

KEY Investment Partners

KEY is a Denver-based capital venture firm positioned in the most established market of US cannabis. In addition to their +38 years of investing experience, KEY Investment Partners also produces a cannabis-focused blog (found HERE), which gives insight into current events impacting the legal cannabis industry.

To learn more about KEY Investment Partners check out their Visible Connect profile HERE.

 


CanopyBoulder

The Boulder, co-based venture capital firm is a staple with their 115+ investments (3 deals in the last 12 months) in the space. CanopyBoulder runs a number of programs for early-stage cannabis startups — “incubator and accelerator programs support growth-stage ancillary cannabis and hemp/CBD businesses with capital, strategic guidance and access to networks.”

To learn more about CanopyBoulder check out their Visible Connect profile HERE.

 


Base Ventures

Base Ventures is a Berkeley, CA-based venture fund led by Erik Moore. Base Ventures is a seed-stage fund that invests across all verticals of tech companies — with a % of those being in cannabis companies. Erik and his team have made over 100 venture investments with the most recent cannabis investment being in late 2019.

To learn more about Base Ventures check out their Visible Connect profile HERE.

 


Entourage Effect Capital

Entourage Effect is one of the largest players in the cannabis industry. They have allocated over $200M into 65+ companies since 2014. Their three managing partners, Matt Hawkins, Andy Sturner, and Dov Szapiro, have a combined 65+ years of venture experience and are not planning on slowing down anytime soon.

To learn more about Entourage Effect Capital check out their Visible Connect profile HERE.

 


Lizada Capital

Lizada Capital closely follows the legalization and opportunity involving cannabis. They have invested anywhere from $10,000 to $1M in cannabis transactions and are constantly on the lookout. Led by Steven Trenk, Lizada believes they are in a position to blossom into one of our generation’s best opportunities.

To learn more about Lizada Capital check out their Visible Connect profile HERE.

 


HALLEY Venture Partners

HALLEY Venture Partners has been focused on the cannabis sector for the past five years. The San Francisco-based firm is led by Steve Schuman, who has over 17 years of private and public equity experience, ranging across agriculture, technology, and manufacturing. HALLEY is heavily geared toward the technology sector of cannabis and is looking to build highly-scalable businesses.

To learn more about Base Ventures check out their Visible Connect profile HERE.

 


Green Lion Partners

Green Lion Partners looks to invest in early-stage ventures throughout the entire cannabis industry. The Denver-based business, founded by Jeffrey Zucker and Michael Bologna, looks to “elevate public perception of the cannabis industry.”

To learn more about Green Lion Partners check out their Visible Connect profile HERE.

 


Salveo Capital

Salveo Capital is focused on creating long term cannabis companies and focuses on empowering the entrepreneurs in charge. Michael Gruber (managing partner) has been involved in the early stage investing environment for 25 years, focusing on tech, finance, and agriculture. Jeffrey Howard (managing partner) has spent 21 years on Wall Street and has become both an advisor and investor of cannabis-based firms.

To learn more about Salveo Capital check out their Visible Connect profile HERE.

 


Archytas Ventures

Archytas invests between $1,000,000 to $25,000,000 into cannabis-focused companies. With offices in New York and Los Angeles, Archytas have led previous Series A, B, and C investments. Archytas Ventures is led by David Kivitz and Antony Radbod, who are looking for strong management teams supported by cash flow and enterprise value.

To learn more about Archytas Ventures check out their Visible Connect profile HERE.

 


Phyto Partners

Phyto Partners invests in a plethora of different cannabis-based businesses, including SaaS, Data, Biotech, Advertising, and more. The investing firm is led by Larry Schnurmacher, who has invested in 25 private, cannabis businesses over the past five years. Phyto invests more than just capital into the 30+ businesses they have lent help to.

To learn more about Phyto Partners check out their Visible Connect profile HERE.

 


CJV Capital

CJV Capital believes that the industry of cannabis is the smallest it will ever be. CJV has proved to lead seed investments in the past and is constantly looking for “smart people solving difficult problems” across the entire cannabis industry.

To learn more about Base Ventures check out their Visible Connect profile HERE.

 


To view cannabis-based VCs and over 11,000 other global VCs, visit Visible Connect!

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