Marijuana investor Casa Verde Capital closes $100 million funding round

Women, minority execs show few gains in U.S. cannabis industry, according to the latest data from the MJBiz Diversity, Inclusion and Equity Report. Get your copy here.


Casa Verde Capital, a California-based marijuana investment fund launched by rapper Snoop Dogg, finalized a $100 million raise.

This raise and a recent surge in M&A activity are signs of renewed investor interest in the marijuana industry.

The funding brings Casa Verde’s portfolio value to $200 million, according to TechCrunch, which cited sources with knowledge of the company’s dealings.

Casa Verde did not announce its plans for the $100 million.

But, as Benzinga noted, Casa Verde has a track record of solid investments, including stakes in Dutchie, Eaze, LeafLink and Proper.