Investment Summary

Merida Capital Partners Invests In GrowGeneration

On March 14, 2017, private equity firm Merida Capital Partners LLC invested in retail company GrowGeneration Corp.

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

Investment Summary

Date 2017-03-14
Target GrowGeneration Corp.
Sector Retail
Investor(s) Merida Capital Partners LLC
Deal Type Growth Capital

Target

GrowGeneration Corp.

Pueblo, Colorado, United States
website
GrowGeneration Corp. is one of the largest specialty retail hydroponic and organic gardening store chains, selling to both the commercial and home cannabis markets, with currently 10 locations in Colorado, 1 location in California and 1 location in Las Vegas, NV. 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.

Search 171,517 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

Merida Capital Partners LLC

website


Category Private Equity Firm
Founded 2016
SizeSmall
Type Sector Focused
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 Bethesda, Maryland.


DEAL STATS #
Overall 4 of 5
Sector (Retail) 1 of 1
Type (Growth Capital) 3 of 4
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 Frontier Financial Group, Inc.

Washington, District of Columbia, United States

Frontier Financial Group, Inc. 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. Their soon to be released platform, Equio, has been called the “Bloomberg Terminal” for cannabis operators.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-13 Kush Bottles, Inc.

Santa Ana, California, United States

Kush Bottles, Inc. is a dynamic sales platform that 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, Kush Bottles 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 -