Investment Summary

Merida Capital Holdings and Gotham Green Partners Invest In GrowGeneration

On March 14, 2017, growth capital firm Merida Capital Holdings and private equity firm Gotham Green Partners invested in retailer GrowGeneration

Investment Highlights
  • This is Merida Capital Holdings’ 1st and Gotham Green Partners’ 1st transaction in the Retail sector.
  • This is Merida Capital Holdings’ 4th and Gotham Green Partners’ 1st transaction in the United States.
  • This is Merida Capital Holdings’ 1st and Gotham Green Partners’ 1st transaction in Colorado.

Investment Summary

Date 2017-03-14
Target GrowGeneration
Sector Retail
Investor(s) Merida Capital Holdings
Gotham Green Partners
Deal Type Stake Purchase

Target

GrowGeneration

Pueblo, Colorado, United States
GrowGeneration is a specialty retail hydroponic and organic gardening store chain, selling to both the commercial and home cannabis markets. GrowGen carries and sells thousands of products, including organic nutrients and soils, advanced lighting technology and state of the art hydroponic equipment to be used indoors and outdoors by commercial and home growers. GrowGeneration is based in Pueblo, Colorado.

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Investor(S) 2

Investor
DESCRIPTION

Merida Capital Partners is a private investment firm focused on acquiring and investing in companies that support the cannabis industry. These include cultivation infrastructure, data and technology services, pharmaceutical development, and medical cultivation. Merida Capital Partners was formed in 2016 and is based in New York, New York.


DEAL STATS #
Overall 4 of 5
Sector (Retail) 1 of 1
Type (Stake Purchase) 1 of 1
State (Colorado) 1 of 1
Country (United States) 4 of 5
Year (2017) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-18 New Frontier Data

Washington, District of Columbia, United States

New Frontier Data is a business intelligence and data analytics company that provides objective, rigorous and comprehensive analysis and reporting for the cannabis industry. New Frontier’s data and reports have been cited in over 45 countries around the world to inform industry leaders. New Frontier, the premiere Big Data as a Service provider in the sector, looks beyond the plant cultivation and distribution, to raise the industry bar and improve visibility into what will inevitably soon be a mature and more complex industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-13 KushCo

Tustin, California, United States

KushCo provides unique products and services for both businesses and consumers in the cannabis industry. Founded in 2010 as a packaging and supplies company for dispensaries and growers, KushCo has sold more than 100 million units and now regularly services more than 5,000 legally operated medical and adult-use dispensaries, growers, and producers across North America, South America, and Europe. The Company has facilities in the three largest U.S. cannabis markets and a local sales presence in every major U.S. cannabis market.

Buy -
DESCRIPTION

Gotham Green Partners is a private investment firm headquartered in New York City.


DEAL STATS #
Overall 1 of 5
Sector (Retail) 1 of 1
Type (Stake Purchase) 1 of 3
State (Colorado) 1 of 2
Country (United States) 1 of 5
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-14 iAnthus

New York, New York, United States

iAnthus owns and operates licensed cannabis cultivation, processing and dispensary facilities throughout the United States, providing investors diversified exposure to the U.S. regulated cannabis industry. Founded by entrepreneurs with decades of experience in operations, investment banking, corporate finance, law and health care services, iAnthus provides a unique combination of capital and hands-on operating and management expertise. iAnthus is based in New York City.

Buy -