Ghost Group

What is Ghost Group?

Ghost Group, founded in 2012, is a venture capital firm based in Southern California that specializes in fostering the growth of consumer, technology, and startup businesses within the medical marijuana industry. They manage two distinctive funds. Emerald Ocean Capital focuses on investing in market-defining companies and technologies in the medical marijuana sector, notable for its investment in WeedMaps.com, a leading site within the niche.

Meanwhile, Ghost Domain Capital directs its resources towards investing in category-disruptive Internet domains, with a lean towards solutions that cater to business-to-business (B2B) transactions. In an effort to bolster the industry, Emerald Ocean has aimed to secure $10 to $25 million in its initial funding round to spearhead further investments.

Beyond mere funding, Ghost Group also operates as a venture capital incubator, providing infrastructural support through an 8,000 square foot office facility located in Denver, Colorado. This space is dedicated to nurturing select startups capable of disrupting existing market hierarchies and introducing innovation. Their investment thrust not only underscores their commitment to growth in the IT and TMT sectors but also betrays a pioneering spirit in the still nascent but rapidly growing cannabis market, navigating amidst varied regulatory landscapes.

Additionally, Ghost Group's interest and involvement in healthcare and wellness denote an overarching strategy to integrate across sectors that are converging around technology and regulatory reform.