Current News Market Watch Uncategorized

Snoop Dogg’s Venture Firm Just Closed its Debut Fund with $45 Million  

Snoop Dogg, the rapper, entertainer and businessman, can claim another small victory in a long string of career highlights. The venture firm that he co-founded a couple of years ago, Casa Verde Capital, has closed its debut fund with $45 million.

Image result for casa verde capital

The money was raised in earnest last year, says managing partner Karan Wadhera, an alum of both Goldman Sachs and Nomura Securities who joined Casa Verde Capital in the summer of 2016 to take over the process of securing operating capital.  Investment capital reportedly came from a variety of sources including a blend of limited partners that included family offices and individual investors.

Casa Verde Capital is focused on providing the ancillary services involve, but not limited to agricultural technology, health and wellness, financial services, media, compliance services, and laboratory technology to cannabis businesses.Current businesses under Casa Verde Capitals portfolio include companies like Eaze which is a marijuana logistics and e-commerance platform, Cannalysis a cannabis laboratory testing facility, and Trellis a seed-to-sale compliance and technology software company.

Related posts

Diamond CBD Generates Over One Million in Sales in 15 days


CMTREX and New Leaf Data Services Announce Joint Initiative to Advance Efficient and Transparent Trading in The Global Wholesale Cannabis Market


Herbpon is a E-Commerce Based Discount Marketplace for the Cannabinoid Industry


Leave a Comment

%d bloggers like this: