Investor Type | Firm |
Industries | Cannabis • Healthcare (& Wellness) |
Stages | Early |
Investing | United States |
Investment Range | $15,880,000 - $15,880,000 |
Altitude Investment Management is a venture capital firm specializing in the legal cannabis industry. Headquartered in New York, the firm focuses on early to growth-stage companies within the United States. They look to invest in foundational companies in the emerging global cannabis industry, which they see as experiencing significant growth as the plant becomes legal worldwide. Altitude Investment Management's partners have over 100 years of collective experience in alternative asset fund management and investment banking, with a decade of collaboration among them. They have a solid track record in regulated markets, both domestically and internationally, covering multidisciplinary areas such as analysis, legal aspects, research, back office operations, and marketing. The partners leverage their combined expertise and extensive experience in the cannabis sector to navigate the industry's rapid changes, source deals, and network effectively. The firm's investment range is consistent, with both the minimum and maximum investment capped at $15,880,000. Their portfolio showcases diversity across the legal cannabis supply chain, including medicinal and adult-use sectors, and covers various verticals from cultivation and technology to media. They have investments in data analytics, business intelligence, multi-state licensed producers/retailers, digital marketing solutions, license aggregators and operators, tissue culture cloning, edibles manufacturing, digital publishing, private equity firms with cannabis brands, discovery platforms, marketing platforms, compliance solutions, pathogen testing, and payroll compliance solutions. Their deals demonstrate an emphasis on building a portfolio that reflects the breadth of opportunities in an industry still in its formative stages.