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Grassroots Cannabis

Grassroots Cannabis
2014 FOUNDED
PRIVATE STATUS
301-400 EMPLOYEES
M&A LATEST DEAL TYPE (Announced)
$875M LATEST DEAL AMOUNT
5 INVESTORS
Description

Operator of a cannabis company intended to offer wellness and education-focused dispensary experience. The company grows, processes and sells trusted medical cannabis products through its vertically integrated business model that come with all the information and support necessary to help patient counselors and also operates dispensaries, enabling medical practitioners to better serve their patients from all backgrounds.

Formerly Known As
Maryland Compassionate Care and Wellness
Ownership Status
Privately Held (backing)
Financing Status
Pending Transaction (VC)
Primary Industry
Other Consumer Non-Durables
Other Industries
Cultivation
Other Commercial Services
Primary Office
  • Chicago, IL
  • United States
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Grassroots Cannabis Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 17-Jul-2019 $875M 00000 00000 Announced Generating Revenue
4. Later Stage VC 08-Feb-2019 0000 00000 Completed Generating Revenue
3. Early Stage VC 20-Nov-2018 0000 Completed Startup
2. Early Stage VC $65M $75M Completed Generating Revenue
1. Early Stage VC 31-Jan-2017 $10M $10M Completed Generating Revenue
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Grassroots Cannabis Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Salveo Capital Venture Capital Minority 000 0000 000000 0
John Fritzel Angel (individual) Minority 000 0000 000000 0
Altitude Investment Management Venture Capital Minority 000 0000 000000 0
Bengal Capital Venture Capital Minority 000 0000 000000 0
Vernon & Park Capital Venture Capital Minority 000 0000 000000 0

Grassroots Cannabis Executive Team (5)

Name Title Board
Seat
Contact
Info
Mitchell Kahn JD Co-Founder & Chief Executive Officer
Lisa Hurwitz Chief Growth Officer & Chief Marketing and Innovation Officer
Mahja Sulemanjee Chief Communications Officer
Matthew Darin Co-Founder, Chief Financial Officer & Chief Operating Officer
Steven Weissmann JD Co-Founder & Chief Strategy Officer