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.
Website
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 |
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 |