Cannabis Investor Merida Capital Surpasses $50 Million in Assets | CashCropToday
0 Shares 95 Views

Cannabis Investor Merida Capital Surpasses $50 Million in Assets

May 16, 2018
94 Views

Merida Capital Partners, a private equity fund, announced this morning that the company has crossed $50MM in assets under management and has also closed transactions with nine different companies in its second Fund.

Meirda Capital Partners have over a 100 years combined experience making direct investments into both private and public companies. Their partners have a myriad of involvement in the cannabis industry and have worked in both the recreational and medicinal cannabis fields.

Some of the more well known companies are Kush Bottles (OTCQB:KSHB), a leading supplier of cannabis packaging; Grow Generations (OTC: GRWG), an industry leader in commercial equipment sales and large-scale grow support with hydroponic supply locations; New Frontier Data, a technology-driven analytics company specializing in vetted data, actionable business intelligence for investors and participants in the cannabis industry; and Simplifya, a technology company helping businesses of all sizes track cannabis compliance through industry-leading self-audit and reporting tools.

Nick Kovacevich, CEO of Kush Bottles, gave this statement in the company’s press release:

“People always talk about taking the ‘right money’ or ‘smart money,’ and Merida has proven to be the epitome of a true value-add investor in the cannabis space. From the first day we accepted their funds they have been involved in directly impacting our strategy and growth at Kush Bottles.”

You may be interested

Top 5 Public Companies that Sells Cannabis and Industrial Hemp Agtech
Cash Crop 150
22 views
Cash Crop 150
22 views

Top 5 Public Companies that Sells Cannabis and Industrial Hemp Agtech

Sam Rosenberg - May 25, 2018

Not every public company in the sector are involved in the cultivation and distribution of cannabinoid based products. There are a number of different companies involved in…

Thomas Jefferson University to Create Database to Track Medical Cannabis Patients’ Health Outcomes
Tech
34 views
Tech
34 views

Thomas Jefferson University to Create Database to Track Medical Cannabis Patients’ Health Outcomes

Sam Rosenberg - May 25, 2018

Thomas Jefferson University in Philadelphia is in the process of developing a data base to register medical cannabis patients to study the positive or negative health benefits…

CBD Solid Bedrock as US Heads Back to Industrial Hemp Roots
Growers
81 views
Growers
81 views

CBD Solid Bedrock as US Heads Back to Industrial Hemp Roots

Sam Rosenberg - May 24, 2018

With the announcement in April of the Industrial Hemp Farming Act of 2018, the industry could be looking at a federal redefinition of hemp. Industrial hemp is…

Leave a Comment

Your email address will not be published.

Most from this category

%d bloggers like this: