Overview of the Cannabis Industry

Overview of the Cannabis Industry

The Cannabis industry involves the cultivation, production, and sale of cannabis and cannabis-derived products for medicinal, recreational, and industrial purposes.

Market Growth

The global cannabis market was valued at approximately $20.5 billion in 2020 and is projected to reach $90.4 billion by 2026, growing at a CAGR of 28.0%.

Drivers of Industry Growth

The growth of this industry is driven by the increasing legalization and acceptance of cannabis for medicinal and recreational use, advancements in cultivation and extraction technologies, and the growing demand for cannabis-based products.

Impact on Society

The cannabis industry has a significant impact on society by providing new medical treatments, creating jobs, and generating tax revenue. Medicinal cannabis is used to treat various conditions, including chronic pain, epilepsy, multiple sclerosis, and anxiety, providing patients with an alternative to traditional pharmaceuticals.

Recreational Cannabis

Recreational cannabis offers consumers a legal and regulated option for adult use, reducing the illegal market and associated criminal activities.

Industrial Uses of Cannabis

The industrial use of cannabis, particularly hemp, includes the production of textiles, biofuels, and construction materials, promoting sustainability and innovation.

Effect of COVID-19 on Industry Adoption

The COVID-19 pandemic has accelerated the growth of the cannabis industry, as consumers seek alternative wellness products and governments recognize the economic potential of cannabis legalization.

Challenges in the Industry

However, the industry faces challenges related to regulatory compliance, stigma, and the need for research on the long-term effects of cannabis use.

Future of the Cannabis Industry

Despite these challenges, the potential benefits of cannabis innovations are significant, and continued investment and policy support are essential for driving growth in this sector. As the cannabis industry continues to evolve, it will play a crucial role in shaping the future of medicine, recreation, and industrial applications, promoting economic development and societal well-being.

How to connect with VC firms in the Cannabis Industry?

Target Firms

To connect with VCs in the Cannabis sector, target firms such as Privateer Holdings, Casa Verde Capital, and The Arcview Group. Research their investment portfolios to understand their focus areas and tailor your approach accordingly.

Networking Opportunities

Networking through industry conferences, cannabis summits, and expos can provide opportunities to meet VC partners. Engaging in these events allows you to establish connections and showcase your startup to potential investors.

Effective Pitching

When pitching, focus on demonstrating the market potential, technological innovation, and scalability of your cannabis solution. Be prepared to discuss your business model, regulatory compliance, and how you plan to achieve profitability.

Demo Days Participation

Participating in demo days hosted by cannabis accelerators or incubators can help you showcase your product to a broader audience of VCs. These events provide a platform to highlight your solution’s unique value proposition.

Crafting a Compelling Story

Crafting a compelling story about your product’s impact and the problem it solves will resonate well with VC investors who are looking for high-growth potential startups. Emphasize the transformative potential of your solution.

Comprehensive Pitch Deck

Following up with a comprehensive pitch deck that includes market analysis, go-to-market strategy, and potential exit opportunities can further strengthen your case. A detailed and well-prepared pitch deck is crucial for attracting investor interest.

Strategic Partnerships

Highlighting any strategic partnerships or collaborations with dispensaries or cannabis brands can also add weight to your pitch. These partnerships validate your solution and demonstrate market acceptance.

Presenting a Strong Team

Ensuring that you present a well-rounded team with expertise in both cannabis industry regulations and product development will appeal to VCs looking for capable execution of your vision. A strong and experienced team is essential for successful implementation and growth.

Most active VC firms in Cannabis Industry?

Overview

To connect with VCs in the Cannabis sector, target firms such as Sequoia Capital, Andreessen Horowitz, and Casa Verde Capital. These firms have a strong track record of investing in successful cannabis startups.

Sequoia Capital

Sequoia Capital, known for backing companies like Eaze and Pax Labs, focuses on high-growth potential and market disruption. They are interested in cannabis startups that can significantly impact the market.

Andreessen Horowitz

Andreessen Horowitz, with investments in companies like Flow Kana and Tokken, looks for innovative cannabis solutions that can scale globally. Their portfolio highlights transformative cannabis technologies.

Casa Verde Capital

Casa Verde Capital, founded by Snoop Dogg, seeks out startups with strong brand presence and scalable business models in the cannabis industry. They prioritize companies that can achieve significant market penetration.

Research and Connection

To connect with these VCs, research their investment portfolios and identify partners who have shown interest in your industry. Attend industry conferences, cannabis summits, and cannabis tech forums where these VCs are likely to be present.

Participating in Demo Days

Participating in demo days hosted by cannabis accelerators or incubators can also provide exposure. These events offer opportunities to showcase your product to a broader audience of potential investors.

Pitching to VCs

When pitching to VCs, emphasize your startup’s market opportunity, technological innovation, and scalability. Be prepared to discuss your business model, customer acquisition strategies, and revenue projections in detail.

Crafting a Compelling Story

Crafting a compelling story about your product’s impact and the problem it solves will resonate well with VC investors. Highlighting the unique aspects and potential of your solution is crucial.

Comprehensive Pitch Deck

Follow up with a comprehensive pitch deck that includes market analysis, competitive landscape, and potential exit opportunities. This will provide VCs with a clear understanding of your business and its potential.

Strategic Partnerships

Highlighting any strategic partnerships or collaborations with major cannabis companies or regulatory bodies can also add weight to your pitch. These relationships can demonstrate market validation and growth potential.

Presenting a Strong Team

Ensure that you present a well-rounded team with expertise in both cannabis technology and business development. A capable team is essential for executing your vision and achieving success.

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We found 130 VC firms investing in Cannabis on Angels Partners

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Vulcan Capital
Investing in Software (Web Marketplace Saas..) &b...
 Bellevue Washington ,..., U.S.A.
  • main investor picture
    Steve Hall
    Venture Partner
  • main investor picture
    Abhishek Agrawal
    Senior Associate
  • main investor picture
    YB Choi
    Investor
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    Stuart Nagae
    Investor
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Previous Investments
  • UNITY Biotechnology: $35000000 (Series B)
  • Oxygen Media: $100000000 (Later stage VC)
  • Caspian Networks: $85000000 (Later stage VC)
  • solarisBank: $67490000 (Later stage VC)
  • Cytokinetics, Inc.: $40000000 (Later stage VC)
  • PortalPlayer: $22000000 (Later stage VC)
  • Clean Fund: $15000000 (Later stage VC)
  • Versive: $12700000 (Later stage VC)
  • IFILM: $10000000 (Other)
  • Rocket Network: $9300000 (Later stage VC)
  • ICON Technology (Homebuilding): $9000000 (Early stage VC)
  • Make.TV Inc.: $8500000 (Later stage VC)
  • Pointy: $6000000 (Early stage VC)
  • Nomadic: $6000000 (Seed Round)
  • Against Gravity: $5000000 (Later stage VC)
  • Ryff: $5000000 (Early stage VC)
  • Blokable, Inc.: $4886194 (Later stage VC)
  • Grab: $2000000 (Seed Round)
  • Taunt: $1700000 (Seed Round)
  • Matcherino: $1500000 (Seed Round)
  • eStyle: $1139000 (Later stage VC)
  • TicketGuardian LLC: $500000 (Other)
  • Calxeda: $55000000 (Series C)
  • Omeros: $20000000 (Post Ipo Equity)
  • Infinia: $12000000 (Series Unknown)
  • Infinia: $7000000 (Series B)
  • Infinia: $50000000 (Series B)
  • Infinia: $10000000 (Series A)
  • Radar Networks: $13000000 (Series B)
  • Radar Networks: $5000000 (Series A)
  • AdaptX: $10000000 (Series B)
  • AdaptX: $6000000 (Series A)
  • Blokable: $6000000 (Series Unknown)
  • Rebellyous Foods: $20000000 (Series B)
  • Kevala: $12000000 (Series A)
  • Nifty Games: $26000000 (Series B)
  • Gentem: $10000000 (Series A)
  • Gentem: $4000000 (Seed)
  • AI.Reverie: $6000000 (Seed)
  • AI.Reverie: (Seed)
  • Prophia: $10000000 (Series A)
  • CivicEye: $12000000 (Series A)
  • Rad Power Bikes: $150000000 (Series D)
  • Rad Power Bikes: $150000000 (Series C)
  • Rad Power Bikes: $25000000 (Series B)
  • Voodle: $6000000 (Series A)
  • Nautilus Biotechnology: $76000000 (Series B)
  • Pixvana, Inc.: $14000000 (Series A)
  • Pixvana, Inc.: $6000000 (Seed)
  • 4INFO: $8000000 (Series Unknown)
  • 4INFO: $14000000 (Series Unknown)

Vulcan Capital

Bellevue Washington - California, U.S.A.

Investing In

Software (Web Marketplace Saas..) • PropTech • Other • IT (& TMT) • BioTech • Businesses Solutions • FinTech (& Financials services) • Hardware (& Manufacturing) • Energy • Retail (& E-Commerce) • IoT (& Wearables) • CleanTech • A.I. (& Big Data) • HealthTech (& Fitness) • Cannabis • Gaming (& eSports) • Cloud Services (& Infrastructure) • Logistics (& Distribution) • Medical Devices (& Hospital Services) • Robotics • Real Estate (& Construction) • Healthcare (& Wellness) • LegalTech • Mobility • Consumer

Description

Vulcan Capital is a private equity and venture capital firm and investment arm of Paul Allen based in Seattle, Washington. The firm focuses on investing in all stages of corporate development through leveraged buyouts, growth capital, turnarounds and early-stage venture capital. The firm invests in the financial services, internet technology, life sciences, media, communication and consumer sectors. It was established in 2003 and operates as an investment arm of Vulcan.

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Square Peg Capital Pty Ltd.
Investing in Software (Web Marketplace Saas..) &b...
 Massachusetts, United States
  • main investor picture
    Catherine Ferdon
    Head of Marketing and Brand
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    Chris Abad
    Director Of User Experience
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Previous Investments
  • ClimaCell Inc.: (early stage)
  • LifeBEAM: (mid stage)
  • Ready4: (mid stage)
  • Square Peg Capital: (mid stage)
  • Internet of Things, Digital Health, Social Apps:
  • ooVoo:

Square Peg Capital Pty Ltd.

Massachusetts, United States

Investing In

Software (Web Marketplace Saas..) • PropTech • Other • IT (& TMT) • Hospitality (& Events) • Media • Education • BioTech • AgroTech • Businesses Solutions • FinTech (& Financials services) • Hardware (& Manufacturing) • Energy • Retail (& E-Commerce) • Sales (& Marketing) • Cosmetics (& Fashion) • Entertainment (& Sports) • IoT (& Wearables) • CleanTech • A.I. (& Big Data) • HealthTech (& Fitness) • Cannabis • Blockchain (& Cryptos) • Web Security (& Privacy) • Gaming (& eSports) • Advertising • Analytics • AR/VR • Autonomous vehicles (& Cars) • Cloud Services (& Infrastructure) • Developer tools • Future Of Work • Food & Beverage • GovTech • Human Resources • Impact • Insurance (& InsurTech) • Local commerce • Logistics (& Distribution) • Material Science • Medical Devices (& Hospital Services) • Messaging • Payments • Robotics • Mobile Apps • Aerospace (& Defense) • Real Estate (& Construction) • SaaS

Description

Partner at Square Peg Capital

Partner at Square Peg Capital

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    E8
    Investing in IT (& TMT) • CleanTech • C...
     Seattle, U.S.A.
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    Previous Investments
    • StormSensor: $1200000
    • StormSensor:

    E8

    Seattle, U.S.A.

    Investing In

    IT (& TMT) • CleanTech • Cannabis

    Description

    Element 8 is a member organization of private and accredited angel investors. The firm invests in early stage companies operating in the clean technology, energy and information technology sectors. It is based in Seattle, Washington and was founded in 2006.

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      Ollerhead Capital
      Investing in PropTech • Other • Educati...
       Toronto, Canada
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      Previous Investments
      • Xtraction Services: $2800000
      • Xtraction Services:

      Ollerhead Capital

      Toronto, Canada

      Investing In

      PropTech • Other • Education • FinTech (& Financials services) • Hardware (& Manufacturing) • HealthTech (& Fitness) • Cannabis • Real Estate (& Construction) • Healthcare (& Wellness)

      Description

      Ollerhead Capital is a merchant banking and financing advisory firm based in Toronto, Canada. Founded in 1997, the firm provides advisory services in the areas of corporate finance, project management, strategic planning, financial modeling, business plan review and evaluation of acquisitions.

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        Alturus Strategic Capital Partners
        Investing in CleanTech • Cannabis
         Dallas, U.S.A.
        Investor Picture
        Previous Investments
        • Baseline Energy Services:

        Alturus Strategic Capital Partners

        Dallas, U.S.A.

        Investing In

        CleanTech • Cannabis

        Description

        Alturus Strategic Capital Partners is a Dallas, Texas based strategic capital provider that focuses on middle-market companies. The firm invests in business services, consumer, distribution and logistics, energy services and specialty manufacturing sectors.

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          Lincoln Property
          Investing in Other • BioTech • Energy &...
           Dallas, U.S.A.
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          Previous Investments
          • Lincoln MGT:

          Lincoln Property

          Dallas, U.S.A.

          Investing In

          Other • BioTech • Energy • CleanTech • Cannabis • Life Science • Oncology

          Description

          Lincoln Property is a real estate firm engaged in asset & property management, construction management, development and build-to-suit services, investments/acquisitions, and landlord representation. The firm operates in the United States and Europe.

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            Entourage Effect Capital
            Investing in Cannabis • Food & Beverage &bul...
             Dallas, U.S.A.
            • main investor picture
              Matthew Hawkins
            • main investor picture
              Tiffany Liff
              Managing Director
            • main investor picture
              Dov Szapiro
              Managing Partner
            • main investor picture
              Andy Sturner
              Managing Partner
            Investor Picture
            Previous Investments
            • Holistic Industries:

            Entourage Effect Capital

            Dallas, U.S.A.

            Investing In

            Cannabis • Food & Beverage • Logistics (& Distribution)

            Description

            Entourage Effect Capital (formerly known as Cresco Capital Partners) is a private equity investment firm dedicated to investing in the cannabis industry. The firm is based in Dallas, Texas and was founded in 2014.

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              Alpha Venture Partners
              Investing in Software (Web Marketplace Saas..) &b...
               New York City , Socia..., U.S.A.
              • main investor picture
                Steve Brotman
                Managing Partner
              • main investor picture
                Ben Freeberg
                Associate
              • main investor picture
                Brian Smiga
                Partner
              • main investor picture
                Dan Stolar
                Senior Associate
              Investor Picture
              Previous Investments
              • Lime: $335100000
              • Critical Mention: $1000000 (Venture Round)
              • Critical Mention: $4000000 (Series B)
              • Critical Mention: $2000000 (Series A)
              • mPath Health: $1000000 (Seed)
              • Reimagine Care: (Series Unknown)

              Alpha Venture Partners

              New York City - Social mobile, U.S.A.

              Investing In

              Software (Web Marketplace Saas..) • PropTech • Other • IT (& TMT) • Hospitality (& Events) • Media • Education • BioTech • AgroTech • Businesses Solutions • FinTech (& Financials services) • Hardware (& Manufacturing) • Energy • Retail (& E-Commerce) • Sales (& Marketing) • Cosmetics (& Fashion) • Entertainment (& Sports) • IoT (& Wearables) • CleanTech • A.I. (& Big Data) • HealthTech (& Fitness) • Cannabis • Blockchain (& Cryptos) • Web Security (& Privacy) • Gaming (& eSports) • Advertising • Analytics • AR/VR • Autonomous vehicles (& Cars) • Cloud Services (& Infrastructure) • Developer tools • Future Of Work • Food & Beverage • GovTech • Human Resources • Impact • Insurance (& InsurTech) • Local commerce • Logistics (& Distribution) • Material Science • Medical Devices (& Hospital Services) • Messaging • Payments • Robotics • Mobile Apps • Aerospace (& Defense) • Real Estate (& Construction) • SaaS • Mobile • Online Social

              Description

              Alpha Venture Partners is a venture capital firm that invests in accelerating growth and expansion stage companies. In addition, the firm also serves as an advisor to Pritzker Group Venture Capital (PGVC) and other institutions and family offices. It primarily invests in the software and information technology sectors, including: e-commerce, mobile, social, business process outsourcing, information services and tech-enabled services. It was founded in 2014 and is based in New York, New York.

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                Spring Mountain Capital
                Investing in Software (Web Marketplace Saas..) &b...
                 New York City, U.S.A.
                • main investor picture
                  Jamie Weston
                  Managing Director
                • main investor picture
                  Gregory Ho
                  Partner
                • main investor picture
                  Raymond Wong
                  Managing Director, Head of Private Equity
                • main investor picture
                  John Steffens
                  Founder and Senior Managing Director
                • main investor picture
                  Kenneth Soll
                  Senior Associate
                Investor Picture
                Previous Investments
                • Keen Decision Systems: $4650000 (Early stage VC)
                • Maven:

                Spring Mountain Capital

                New York City, U.S.A.

                Investing In

                Software (Web Marketplace Saas..) • PropTech • Other • IT (& TMT) • Hospitality (& Events) • Media • Education • BioTech • AgroTech • Businesses Solutions • FinTech (& Financials services) • Hardware (& Manufacturing) • Energy • Retail (& E-Commerce) • Sales (& Marketing) • Cosmetics (& Fashion) • Entertainment (& Sports) • IoT (& Wearables) • CleanTech • A.I. (& Big Data) • HealthTech (& Fitness) • Cannabis • Blockchain (& Cryptos) • Web Security (& Privacy) • Gaming (& eSports) • Advertising • Analytics • AR/VR • Autonomous vehicles (& Cars) • Cloud Services (& Infrastructure) • Developer tools • Future Of Work • Food & Beverage • GovTech • Human Resources • Impact • Insurance (& InsurTech) • Local commerce • Logistics (& Distribution) • Material Science • Medical Devices (& Hospital Services) • Messaging • Payments • Robotics • Mobile Apps • Aerospace (& Defense) • Real Estate (& Construction) • SaaS • Life Science • Mobile

                Description

                Spring Mountain Capital is a private investment management firm that focuses on alternative asset investing. The firm invests in the technology-enabled and healthcare sectors.

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                  Grafton Capital
                  Investing in Software (Web Marketplace Saas..) &b...
                   London, U.K.
                  • main investor picture
                    Edward Brown
                    Principal
                  • main investor picture
                    Oliver Thomas
                    Partner
                  • main investor picture
                    Charles Covell
                    Partner
                  • main investor picture
                    David Olsson
                    Partner
                  Investor Picture
                  Previous Investments
                  • Softomotive: $25000000 (Later stage VC)
                  • Omilia Natural Language Solutions: $20000000 (Later stage VC)

                  Grafton Capital

                  London, U.K.

                  Investing In

                  Software (Web Marketplace Saas..) • IT (& TMT) • Businesses Solutions • Hardware (& Manufacturing) • Cannabis • Logistics (& Distribution) • Robotics • Healthcare (& Wellness)

                  Description

                  Grafton Capital is a growth investment firm that also specializes in venture capital investments. The firm invests in the business software, business data and online marketplaces sectors. It was founded in 2014 and is based in London, United Kingdom.

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                    Genesis Capital Advisors
                    Investing in BioTech • Hardware (& Manufactu...
                     New York City, U.S.A.
                    Investor Picture
                    Previous Investments
                    • RenalGuard:

                    Genesis Capital Advisors

                    New York City, U.S.A.

                    Investing In

                    BioTech • Hardware (& Manufacturing) • Cannabis • Life Science

                    Description

                    Genesis Capital Advisors (New York) is a private equity firm based in New York, New York. It invests in the healthcare sector.

                    main investor picture
                    Glynn Capital
                    Investing in Software (Web Marketplace Saas..) &b...
                     San Francisco Bay Are..., U.S.A.
                    • main investor picture
                      Scott Jordon
                      Managing Director
                    • main investor picture
                      John Glynn
                      CEO
                    • main investor picture
                      David Glynn
                      President /and Managing Director
                    • main investor picture
                      Vivian Loh Nahmias
                      CFO
                    • main investor picture
                      George Rzepecki
                      Managing Director
                    Investor Picture
                    Previous Investments
                    • Enigma (Data Analysis):
                    • Cloudline: $6000000 (Seed)
                    • Fuse Financial Technologies: $2000000 (Pre Seed)

                    Glynn Capital

                    San Francisco Bay Area - Social mobile - San Francisco California, U.S.A.

                    Investing In

                    Software (Web Marketplace Saas..) • IT (& TMT) • Hospitality (& Events) • Education • BioTech • Businesses Solutions • FinTech (& Financials services) • Hardware (& Manufacturing) • Retail (& E-Commerce) • Entertainment (& Sports) • HealthTech (& Fitness) • Cannabis • Web Security (& Privacy) • Gaming (& eSports) • Medical Devices (& Hospital Services) • Online Social

                    Description

                    Glynn Capital is an investment firm based in Menlo Park and San Francisco, California. The firm is focused on investments in leading private and public technology growth companies. The firm seeks to be long-term investors in a limited number of excellent companies with world-class management teams, sustainable business models, and long-term growth potential.

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