My business is in the regulated cannabis tech space. Who are the go-to VCs for this industry?

For a regulated cannabis tech company (software, compliance, payments, data, workflow, POS, supply chain, marketplaces, analytics, AI, fintech, etc.), the investor pool is narrower than general SaaS because investors need to understand both venture-scale software and cannabis regulatory complexity. The most relevant funds tend to be cannabis specialists or tech investors with cannabis-adjacent theses.

Cannabis-tech-focused VCs to know

More tech-oriented / crossover investors

Depending on your product, you may also look beyond cannabis-only funds:

• Lerer Hippeau — has invested in cannabis-adjacent infrastructure companies and can be relevant for strong software/network-effect businesses.
• Hypur Ventures — often associated with compliance, payments, and financial infrastructure themes.
• Altitude Investment Management — relevant for cannabis technology platforms, particularly earlier-stage companies.

If your company is specifically…

Compliance / regulatory software

• Poseidon Asset Management
• Phyto Partners
• Casa Verde Capital
• Hypur Ventures

Payments / fintech / banking infrastructure

• Poseidon Asset Management
• Casa Verde Capital
• cannabis-focused growth funds that understand regulatory banking constraints

Seed-stage SaaS

• Phyto Partners
• Poseidon Asset Management
• Casa Verde Capital
• CanopyBoulder (accelerator/seed investor)

Series A/B enterprise software

• Casa Verde Capital
• Merida Capital Holdings
• Entourage Effect Capital
• Gotham Green Partners

What these investors will usually care about

For regulated cannabis software, the strongest pitches usually emphasize:

• Non-plant-touching revenue (often easier for institutional investors)
• Clear compliance moat (licenses, integrations, regulatory data, workflows)
• Expansion beyond cannabis into other regulated industries (alcohol, pharmaceuticals, healthcare, fintech)
• SaaS metrics: ARR, retention, CAC payback, gross margin
• A path to becoming the operating system or infrastructure layer for regulated commerce

If you share your stage (pre-seed/seed/A/B), ARR, geography, and category (POS, compliance, payments, AI, data, marketplace, etc.), I can narrow this to the 10–15 investors most likely to take the meeting.

Navigating venture capital in the regulated cannabis tech space requires looking at two distinct groups of investors: cannabis-focused institutional VCs (who understand the heavy compliance, regulatory, and B2B SaaS landscape of the industry) and generalist/ancillary tech funds that will touch "plant-adjacent" software.

The premier, go-to venture capital firms actively backing and scaling regulated cannabis technology, compliance, and B2B infrastructure include the following key players:

1. Dedicated Cannabis-First VCs (The Heavyweights)

• Casa Verde Capital : Co-founded by Karan Wadhera and famously associated with Snoop Dogg, Casa Verde is arguably the most prominent institutional investor strictly focused on the ancillary cannabis sector. They do not touch the plant directly; instead, they heavily back software, POS, logistics, and compliance infrastructure. Their marquee investments include Dutchie (e-commerce/POS), LeafLink (B2B wholesale marketplace), Metrc (seed-to-sale government compliance tracking), and Vangst (workforce/staffing platform).[superscout.co](https://superscout.co/investor/casa-verde-capital)
• Merida Capital Holdings : A private equity and venture firm targeting the foundational infrastructure of the cannabis ecosystem. While they span cultivation tech and biotech, they have a massive footprint in data analytics, B2B software solutions, and security/compliance technologies that support state-regulated frameworks.[superscout.co](https://www.meridacap.com/portfolio)[[2](https://www.meridacap.com/portfolio)](https://www.meridacap.com/)
• Entourage Effect Capital : Founded by veteran cannabis investors, this firm has deployed hundreds of millions across dozens of compliance-forward companies, tech platforms, and supply-chain logistics tools designed to keep multi-state operators (MSOs) compliant and operational.[superscout.co](https://casaverdecapital.com/portfolio/)[[2](https://www.meridacap.com/portfolio)](https://castleplacement.com/top-10-cannabis-raises-and-investors-in-the-u-s-january-1st-march-31st-2026/)

2. Specialized & Regional Cannabis Funds

• Green Acre Capital : Based primarily out of Canada but heavily tuned into international and cross-border regulatory markets, Green Acre invests widely in scalable tech, data platforms, and supply-chain tracking infrastructure that can scale globally as legalization spreads.
• Altitude Investment Management : A specialized fund focused on the ancillary products, services, and technology sectors powering the legal cannabis industry, including compliance, business intelligence, and payment systems.

3. Generalist/Ancillary Tech VCs with Cannabis Tech Track Records

Because cannabis tech is fundamentally enterprise software, fintech, logistics, or data analytics, certain mainstream or flexible generalist tech VCs have historically written checks into the space—particularly for B2B SaaS that doesn't touch the plant:

• Founders Fund : Known for backing contrarian, high-growth, and heavily regulated tech infrastructure. They have historically shown an appetite for dominant ancillary cannabis tech platforms.
• Tiger Global Management : Famously led major early rounds in major cannabis-tech software platforms (such as historical early-stage plays in dispensary software like Green Bits), demonstrating that massive crossover funds will step in when the software layer is clean, compliant, and scale-ready.

What These VCs Look For in Cannabis Tech:

• Regulatory Moats: How deeply integrated is your software with state-mandated tracking systems (like Metrc or BioTrack)?
• Ancillary Safety: MSOs face 280E tax burdens and banking hurdles; VCs strongly favor pure B2B SaaS, data, or fintech solutions that shield them from direct plant-touching federal liabilities.
• Unit Economics over Burn: Given the broader public market corrections and capital tightening in cannabis, funds want to see clear paths to profitability and strong retention from multi-state operators rather than unconstrained growth.

In the regulated cannabis tech and ancillary space, venture capital behaves a bit differently than traditional tech VC due to ongoing federal restrictions (like 280E tax constraints and banking limitations). The "go-to" investors here are specialized sector-focused funds that deeply understand compliance, seed-to-sale tracking, B2B marketplaces, fintech, and data analytics.

The prominent venture capital and investment firms actively looking at cannabis technology include:

1. Casa Verde Capital
   • The Vibe: The undisputed heavyweight champion of ancillary cannabis VC. Co-founded by Snoop Dogg, they focus exclusively on B2B, SaaS, compliance, and tech infrastructure.
   • Notable Tech/Ancillary Portfolio: Dutchie (POS/e-commerce), Metrc (compliance tracking), LeafLink (wholesale marketplace), Vangst (staffing), Pistil Data (market intelligence), and Surfside (marketing analytics).[newcannabisventures.com](https://www.newcannabisventures.com/this-cannabis-fund-is-behind-some-of-the-biggest-ancillary-players-in-the-industry-casa-verde-capital/)[[2](https://casaverdecapital.com/portfolio)](https://casaverdecapital.com/portfolio/)
2. Entourage Effect Capital (Formerly Cresco Capital Partners)
   • The Vibe: A seasoned private equity and VC firm investing across the supply chain, with dedicated allocations for early-stage and tech/science innovation (often collaborating via the Arcview ecosystem).
   • Notable Tech/Ancillary Portfolio: Fyllo, GrowFlow, Dama Financial, and Hoodie Analytics.[newcannabisventures.com](https://www.entourageeffect.com/)[[2](https://casaverdecapital.com/portfolio)](https://www.newcannabisventures.com/tag/entourage-effect-capital/)[[3]()]()
3. Altitude Investment Management
   • The Vibe: A New York-based global venture capital fund targeting the legal cannabis supply chain, with a heavy emphasis on data, ag-tech, and business intelligence solutions.
   • Notable Tech/Ancillary Portfolio: BDS Analytics (cannabis business intelligence) and various supply-chain/tech enablers.[newcannabisventures.com](https://www.altitudein.com/portfolio)[[2](https://casaverdecapital.com/portfolio)](https://www.newcannabisventures.com/cannabis-investors/)[[3](https://www.entourageeffect.com/)](https://www.cannabisbusinesstimes.com/business-issues-benchmarks/investors-in-the-cannabis-market/news/15694653/altitude-investment-management-closes-cannabis-fund-i-at-30-million)
4. The Arcview Group / Arcview Ventures
   • The Vibe: One of the oldest angel investor networks and syndicates in the cannabis industry. Through their seed funds, they routinely feed early-stage capital into emerging tech, data, and biotech startups.
   • Focus: Excellent for seed-stage and early institutional rounds where you need a broad syndicate of accredited individual investors who know the space.[newcannabisventures.com](https://www.newcannabisventures.com/cannabis-investors/)[[2](https://casaverdecapital.com/portfolio)](https://www.newcannabisventures.com/angel-investor-network-has-invested-70mm-in-the-cannabis-industry/)[[3](https://www.entourageeffect.com/)](https://www.entourageeffect.com/)[[4]()]()
5. Gotham Green Partners
   • The Vibe: A massive NYC-based private equity and venture firm. While they often write larger checks for later-stage, debt, or complex restructuring in plant-touching ops, they heavily impact the broader liquidity and scaling of the ecosystem.[newcannabisventures.com](https://www.newcannabisventures.com/cannabis-investors/)

Key Advice for Pitching Cannabis Tech:

• Lean hard into the "Ancillary" narrative: Emphasize that your software/hardware doesn't touch the plant directly if you want to avoid some traditional institutional LP hesitations, though attitudes are shifting.
• Compliance is king: Show absolute mastery over state-by-state regulatory frameworks (Track-and-trace like Metrc or BioTrack). VCs want to know how your tech keeps operators out of trouble.
• Explore specialized networks: You can also track active micro-VC rounds and direct investor matching via platforms like OpenVC's Cannabis Investor List or industry deal-flow trackers like New Cannabis Ventures.[newcannabisventures.com](https://www..app/investor-lists/cannabis-investors)[[2]()]()

If you’re building regulated cannabis technology—software, compliance, payments, data, POS, supply-chain, workforce, or other ancillary infrastructure—I’d focus on investors with an actual cannabis-tech track record rather than generic VCs that occasionally make a cannabis bet.

The core shortlist

• casaverdecapital.com — One of the most established dedicated cannabis funds. Particularly relevant for scalable, capital-efficient technology businesses; its portfolio includes Dutchie, LeafLink, Metrc, and Vangst. Casa Verde says it can participate across financing stages.Casa Verde+1
• poseidonassetmanagement.com — Long-running cannabis specialist with a particularly strong technology/software history. Its portfolio includes Headset, Wurk, Flowhub and PAX; its current Garden Fund targets pre-Series A companies spanning technology and licensed operators.Poseidon Asset Management+1
• phytopartners.com — Worth putting on the first-call list for cannabis software, data and ancillary technology, particularly at seed/early stages. A current 2026 investor database lists it among the most active U.S. cannabis investors alongside Casa Verde and Poseidon.Shizune
• premoventures.com — Especially interesting if you're building compliance, POS, analytics, ERP, inventory or multi-state infrastructure. Its stated thesis specifically calls out software that integrates with regulatory/retail systems such as Metrc and Flowhub.Premo Ventures
• entourageeffect.com — More growth-oriented than a typical seed VC, but significant cannabis-industry experience and regulatory expertise. It says Fund III is currently deploying capital, with an early-stage allocation through its Arcview Ventures Seed Fund.Entourage Effect
• arcviewventures.com — Particularly useful at seed/early stage. Its Collective Fund explicitly invests in software, media & analytics and ancillary services, with typical investments of $75K–$250K over the life of an investment.Arcview Ventures
• westcreekinvestments.co — Cannabis-focused fund with exposure to data analytics, fintech, device hardware and ancillary products, in addition to plant-touching businesses.West Creek

How I'd segment them

There is some useful independent corroboration here: a 2026 investor database currently identifies Poseidon, Casa Verde and Phyto as three of the more active U.S. cannabis investors, with software/SaaS explicitly represented in their investment profiles.Shizune

One important distinction: "cannabis VC" isn't necessarily the same thing as "good cannabis-tech VC." For a regulated-tech company, I'd prioritize investors who understand regulatory infrastructure, state-by-state fragmentation, compliance workflows, payments/banking constraints, and enterprise SaaS rather than simply having cannabis brands in their portfolio.

If you tell me what your product does, current ARR/revenue, round size, and whether you're pre-seed/seed/A, I can narrow this to a 10–15 investor target list, including likely check size, relevant portfolio companies, partner to approach, and why your company fits each thesis.

If you’re building regulated cannabis technology—especially B2B SaaS, compliance, payments, data, POS, supply-chain, or infrastructure—the investor universe is meaningfully different from investors focused on cultivation/brands.

Cannabis-native VCs I’d put on the initial list

As a cross-check, current 2026 investor databases put Poseidon, Casa Verde and Phyto among the most active U.S. cannabis investors, with software/SaaS explicitly represented in their investment profiles.Shizune+1

One important fundraising distinction

I wouldn't automatically position the company as a "cannabis company."

If your product is, for example:

• compliance/regtech
• payments or financial infrastructure
• identity/KYC
• ERP or workflow software
• supply-chain/data infrastructure
• AI
• laboratory technology
• insurance/risk technology

you potentially have two investor markets:

Cannabis-native: Casa Verde, Poseidon, Phyto, 7thirty, Premo, Entourage Effect, Merida.

Technology/generalist: VCs investing in vertical SaaS, fintech, regtech, enterprise software, etc., where cannabis is initially your beachhead market.

That second group can be particularly valuable if the technology could eventually serve other highly regulated industries. Casa Verde's own portfolio, for example, includes regulatory compliance, banking/payments compliance, insurance/risk management, analytics, POS and inventory technology—not just cannabis brands.Casa Verde

If you want the actual target list

Give me these five things:

1. What the product does
2. Current ARR/revenue
3. Round size you're raising
4. Stage (pre-seed, seed, Series A, etc.)
5. Whether you are plant-touching, handling money, or purely ancillary

I can then narrow this to 15–25 specific funds, with their relevant portfolio companies, approximate check/stage fit, and the specific partner/team member I'd target at each.

Navigating the regulated cannabis tech space requires investors who not only understand software, hardware, or biotech, but also know how to navigate complex state-by-state compliance, banking restrictions, and shifting federal regulations.

The prominent venture capital and private equity firms focusing heavily on or actively investing in the cannabis technology and ancillary ecosystem include:

• Casa Verde Capital — Widely recognized as one of the premier VC firms focused exclusively on the cannabis industry. They invest primarily in early-stage, high-growth ancillary businesses (B2B software, logistics, data, compliance tech) that touch the cannabis ecosystem without "touching the plant."[newcannabisventures.com](https://www.newcannabisventures.com/cannabis-investors/)
• Merida Capital Holdings — A private equity and venture platform targeting fundamental growth drivers in the cannabis and hemp industries. They have a strong lens toward cultivation technology, data analytics, life sciences, and B2B infrastructure software supporting regulated markets.
• Entourage Effect Capital — A seasoned venture/private equity firm that has deployed hundreds of millions across a broad portfolio of operational and technological cannabis infrastructure companies.
• Altitude Investment Management — A dedicated U.S.-based global venture capital fund investing across the cannabis value chain, with a distinct appreciation for tech-enabled platforms, compliance solutions, and B2B services.[newcannabisventures.com](https://www.newcannabisventures.com/cannabis-investors/)
• JW Asset Management — Led by Jason Wild, this firm blends deep traditional healthcare and pharmaceutical expertise with massive cannabis market presence. They are great to look at if your tech touches data analytics (like Pistil Data) or medical-adjacent cannabis infrastructure.
• Gotham Green Partners — A prominent private equity firm that deploys substantial capital across the cannabis ecosystem, often participating in larger rounds for scaling ancillary and tech infrastructure companies.[newcannabisventures.com](https://www.newcannabisventures.com/cannabis-investors/)
• The Arcview Group & Canna Angels — While not traditional institutional single-destination VCs, these are premier investor networks/angel syndicates specifically focused on vetting and funding early-to-growth-stage cannabis and cannabis-tech ventures.[newcannabisventures.com](https://www.newcannabisventures.com/cannabis-investors/)

Quick Strategic Tip for Pitching:

Because mainstream generalist VCs (like Sequoia or a16z) have historically blown hot and cold on the sector due to federal rescheduling delays and compliance barriers, leaning into dedicated cannabis-ancillary funds like Casa Verde or Merida often yields partners who already have the regulatory framework internalized—meaning less time spent educating them on why your B2B software is legal and scalable.

Navigating the regulated cannabis tech space means looking for investors who understand not just software and infrastructure, but the labyrinth of state-by-state compliance, seed-to-sale tracking, and the unique risk profile of the industry.

The go-to venture capital firms and dedicated funds that specialize in or actively back cannabis tech, ancillary infrastructure, and compliance-driven software include:

1. Casa Verde Capital
   • The Vibe: The undisputed heavyweight in ancillary cannabis investing. Co-founded by Snoop Dogg and Karan Wadhera, they focus explicitly on the infrastructure, B2B software, compliance, and tech layers rather than plant-touching operations.
   • Why them: Their portfolio reads like a "who’s who" of cannabis tech (backing giants like Dutchie, Vangst, and LeafLink). If you are building B2B SaaS, marketplaces, or regulatory tech, they are the ultimate strategic logo to have on your cap table.
   • Check out Casa Verde Capital.[hustlefund.vc](https://www.hustlefund.vc/post/angel-squad-snoop-dogg-investments-the-rapper-who-built-the-cannabis-industrys-most-credible-vc-firm)[[2](https://casaverdecapital.com/)](https://casaverdecapital.com/)
2. Entourage Effect Capital (EEC)
   • The Vibe: Formerly known as Cresco Capital Partners, EEC (founded by Matt Hawkins) has a long-standing and prolific track record in the cannabis ecosystem.
   • Why them: They invest across the value chain, heavily targeting both plant-touching operators and the enabling infrastructure/services that help those operators scale. They also have strong ties to early-stage allocations via networks like the Arcview Ventures Seed Fund.
   • Check out Entourage Effect Capital.[hustlefund.vc](https://www.entourageeffect.com/)[[2](https://casaverdecapital.com/)](https://www.linkedin.com/posts/cannabis-and-capital_todays-cannabis-capital-company-feature-activity-7491576690972946432-CO4K)
3. Merida Capital Holdings
   • The Vibe: A private equity and venture capital firm that focuses heavily on the ancillary cannabis space, data, technology, and security systems.
   • Why them: Merida targets the B2B, scientific, and security infrastructure side of the industry. They excel at scaling data-driven and tech-enabled picks-and-shovels businesses that support state-licensed operators.
4. Measure 8 Ventures
   • The Vibe: Founded by former New York City Council Speaker Christine Quinn and cannabis finance veterans, Measure 8 focuses on the regulated cannabis value chain, brand consolidation, and technology integration.
   • Why them: They understand the political and regulatory headwinds of urban and state markets deeply, making them great partners if your tech helps navigate complex institutional compliance.
5. Green Acre Capital
   • The Vibe: A prominent cannabis-focused investment firm based out of Canada with deep cross-border reach into the U.S. market.
   • Why them: They frequently co-invest with U.S. funds (like Casa Verde) on tech, hardware, and supply chain innovations.

A Quick Fundraising Tip for Cannabis Tech:

Mainstream generalist VCs (outside of specialized funds like Casa Verde or specific angel syndicates) can still be gun-shy about "cannabis" due to legacy LP restrictions—even if your product is purely software and "non-plant-touching."

If you encounter hesitation from traditional tech VCs, lean hard into your B2B SaaS metrics, regulatory compliance moat, and enterprise infrastructure angle rather than the word "cannabis" itself. Positioning your company as a high-margin data, workflow, or fintech platform that happens to serve a hyper-growth, highly regulated market usually gets past the compliance filters of broader tech funds.

If you’re in regulated cannabis tech—especially B2B SaaS, compliance, payments, POS, data, supply chain, or infrastructure—I’d prioritize cannabis-specialist VCs that understand the regulatory mess and mainstream software investors that have already proven they’ll touch the category.

My short list

• Casa Verde Capital — Probably the first name I’d target. Strong track record in cannabis technology and ancillary businesses. It was an early investor in Dutchie and continued participating through later rounds.Dutchie+1
• Poseidon Asset Management — One of the longest-running cannabis-focused investors, with particular relevance to software, SaaS, compliance and operational infrastructure. Current industry databases rank it among the most active cannabis VC investors.Shizune+1
• Phyto Partners — Particularly worth approaching for early-stage ancillary/technology businesses. Its historical portfolio and current investment activity include software and cannabis-adjacent technology.Shizune+1
• Gron Ventures — Has invested alongside major institutional investors in cannabis technology, including Dutchie.Dutchie+1
• Entourage Effect Capital — Larger institutional cannabis investor; more relevant as you move beyond very early seed and into a substantial growth story.
• Merida Capital Holdings — Worth considering for infrastructure, technology-enabled services and businesses supporting the regulated ecosystem.
• Gotham Green Partners — Another major cannabis specialist, particularly worth considering for companies with significant scale/capital requirements.
• Arcview Capital — More of a cannabis investment ecosystem/platform than a conventional VC, but potentially useful for capital formation and introductions. Its current platform specifically supports cannabis companies seeking capital.Arcview Capital+1

Don't overlook mainstream VCs

For cannabis tech rather than cannabis cultivation/brands, I'd also pursue conventional software investors that have already demonstrated willingness to invest in the sector.

The best proof point is Dutchie: its financing included Thrive Capital, Tiger Global, D1 Capital, Dragoneer and DFJ Growth, alongside cannabis specialists such as Casa Verde and Gron.Dutchie+1

And BLAZE, another cannabis software platform, raised its Series A from Delta Emerald Ventures, Act One Ventures and SOJE Capital; Act One specifically cited its experience with compliance and vertical SaaS.PR Newswire

That distinction matters: a VC that understands SaaS + regulated markets can sometimes be more valuable than a generic "cannabis VC."

How I'd prioritize them

One important caveat: the cannabis-capital market has changed substantially from the 2020–22 boom. I would not interpret an old cannabis portfolio or a historical check as evidence that a fund is currently deploying aggressively. Current industry databases still put Casa Verde, Poseidon and Phyto among the most active investors, but I'd verify each fund's current mandate before spending time on an outreach.Shizune+1

If you tell me what your product actually does, your stage (pre-seed/seed/A/B), amount you're raising, and whether you're plant-touching or ancillary, I can narrow this to 10–15 specific funds, likely check sizes, relevant portfolio companies, partners to approach, and the best outreach order.

For a regulated cannabis tech company (especially B2B SaaS, compliance, payments, data, marketplaces, POS, supply chain, ERP, analytics, or infrastructure), the best investors are usually cannabis-specialist VCs plus a small number of tech VCs comfortable with regulated markets. The firms below are the ones founders most often target for this category.

Tier 1: Cannabis-tech specialists

• Casa Verde Capital — One of the most recognized cannabis VCs. Strong fit for scalable technology businesses, marketplaces, consumer platforms, and infrastructure. Shizune Best fit: Seed through Series B; platforms with large-market potential.
• Poseidon Asset Management — A long-time cannabis investor with a reputation for backing software, data, SaaS, and operational technology companies. Shizune Best fit: Compliance, analytics, retail tech, enterprise software.
• Phyto Partners — Focuses heavily on ancillary cannabis businesses, including software, data, and services. Parse Best fit: Early-stage SaaS, infrastructure, B2B tools.
• 7thirty Capital — Explicitly focused on cannabis technology and infrastructure rather than primarily plant-touching businesses. F4 Fund Best fit: Compliance, software, supply chain, ag-tech, deep tech.
• CanopyBoulder — Historically one of the better-known cannabis startup accelerators, particularly for early-stage companies. Parse Best fit: Pre-seed and seed companies needing industry connections.

Growth-stage / larger cannabis investors

• Merida Capital Holdings — More growth-oriented; often associated with cannabis infrastructure and operational businesses. Parse Best fit: Companies with meaningful revenue and expansion plans.
• Entourage Effect Capital — Broad cannabis investor with experience across the ecosystem, including ancillary businesses. Ellty Best fit: Series A+ companies scaling in regulated markets.
• Gotham Green Partners — Larger cannabis-focused investor that has participated across the ecosystem. Ellty Best fit: Later-stage companies and strategic growth capital.

Investors that can make sense depending on your angle

Compliance / regulatory infrastructure

Look especially at:

• Poseidon Asset Management
• Phyto Partners
• 7thirty Capital
• Casa Verde Capital
• Merida Capital Holdings

Cannabis fintech / payments

Consider:

• Casa Verde Capital
• Poseidon Asset Management
• Gotham Green Partners
• General fintech VCs that are comfortable with regulated industries

AI, data, analytics, automation

You may be able to broaden beyond cannabis-only funds:

• Healthcare IT investors
• Vertical SaaS investors
• Supply-chain and enterprise software investors

The pitch is usually stronger when framed as “regulated-industry infrastructure” rather than simply “cannabis.” Investors tend to care about:

• recurring SaaS revenue
• regulatory moat
• integrations with state compliance systems (e.g., track-and-trace)
• enterprise customers (MSOs, labs, distributors, regulators)
• ability to expand into adjacent regulated markets

A practical fundraising target list

If I were building a first-pass outreach list for a cannabis software company, I would probably start with:

1. Casa Verde Capital
2. Poseidon Asset Management
3. Phyto Partners
4. 7thirty Capital
5. CanopyBoulder
6. Merida Capital Holdings
7. Entourage Effect Capital
8. Gotham Green Partners

Then add non-cannabis SaaS/vertical-market VCs once you have enough traction to show the company is a software business first.

If you share your stage (pre-seed/seed/A/B), ARR, product category (POS, compliance, payments, AI, marketplace, etc.), and whether you touch the plant or are ancillary, I can narrow this to a more realistic 15–25 investor list with likely check sizes and partner names.