Poseidon
Fund One

SEE The HISTORY

FUND ONE

History of Activity

JUN
2006

JANUARY 2014

Launched in January 2014, Fund One is now in its ninth year.

PORTFOLIO

The fund has roughly 15 actively managed portfolio companies, 90% Private, 10% Public
OCT
2007
SEP
2008

100+ ROUNDS

The fund has invested in over 100 rounds, with a range of debt to preferred equity

WORLDWIDE REACH

The fund covers 17+ US States, Canada, Latin America, and Europe
OCT
2008
OCT
2008

INDUSTRY COVERAGE

Fund One covers the industry from tech solutions, to vertically integrated operators (cultivation, processing, distribution, brands and retail), to industrial hemp processing.

FUND ONE

Portfolio Companies

Ascend Wellness

Ascend Wellness is a market leading vertically integrated scale operator with assets in Michigan, Illinois, Massachusetts, New Jersey, and Ohio.

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BastCore

BastCore processes hemp, a low input, high-yielding crop into a diversity of sustainable bio-based products. Markets for these products represent tremendous growth opportunity for American farmers, rural economies,and domestic manufacturers, while the cultivation and use of hemp can help reduce environmental impact.

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Copperstate Farms

One of the largest and most efficient greenhouse cultivators in Arizona, Copperstate farms is the key resource for premium product in the state.

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Flowhub

Flowhub innovates how cannabis retailers manage complex compliance mandates, supply chain data, sales transactions and reporting by delivering compliance, point of sale, inventory tracking, and business intelligence data from a single, highly-customizable platform. Flowhub’s customers are comprised of over 1,000 cannabis retailers across the U.S., processing over $3 billion dollars in cannabis sales annually. The company currently operates in Alaska, California, Colorado, Maine, Maryland, Massachusetts, Michigan, Missouri, Montana, Nevada, Oklahoma, and Oregon.

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GTI

GTI is an experienced, credible, provider of marijuana and cannabis products for legal, medical use. Dignified access to safe and quality cannabis nationwide.

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Hara

Hara (dba Hemper) is a B2B wholesaler and B2C monthly subscription service of premium cannabis accessories and consumables delivered right to consumers door. Consumers value the product curation, convenience and price as they expose their subscribers to new products and brands that they would not ordinarily have the ability to purchase.

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Headset

Turning cannabis retail data into real-time insights. As an analytics service provider for the cannabis industry, Headset's mission is to help operators make more informed business decisions through data.

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PAX

The technology company making vaporizing better.

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Qnovia

Qnovia is a platform device and biotechnology company with a focus on aerosol science. They are creating breakthrough aerosol devices and formulations that safely deliver a broad range of pharmaceuticals, cannabis, and nicotine.

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Sparc

SPARC is a long-trusted source for the highest quality cannabis. Cannabis products are sustainably grown on our Sonoma County estate in fully organic, biodynamic fields using only natural sunlight. SPARC began in 1998 as a trailblazer in medical cannabis, and today continues to originate and propagate many of the industry’s most rigorous quality-control practices. SPARC is committed to advancing the standards of how cannabis is cultivated, packaged and retailed industry-wide, and being a force for good in the neighborhoods and communities we call home.

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Wurk

Wurk is the future of workforce management for cannabis software. Payroll, time keeping, scheduling, 280E management, onboarding, HR consulting, and more.

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Fund One is closed to new investors.
Go to Fund THREE