Merida Capital Partners

Merida Capital Partners is a private equity firm that invests in the cannabis industry. Its advisers work across North America, and its thesis rests on cannabis becoming a normal, regulated market in the United States and elsewhere.

What Merida Capital Partners does

• Growth investment: backs companies that have moved beyond start-up stage and now earn revenue.
• Cultivation technology: funds products and services linked to growing cannabis as an agricultural crop.
• Sector coverage: looks at cannabis as a plant-based medicine, an ingredient in pharmaceutical formulations and a consumer product.
• Operating support: works to speed up proven business models and widen their commercial pipeline.
• Strategic positioning: seeks essential suppliers that larger industrial firms in related fields may later want to buy or invest in.

Who it serves

The firm targets well-run, revenue-generating businesses that supply essential products or services to cannabis operators.

Key facts

• Investments: more than 75 companies, held through five funds and co-investments
• Name origin: taken from the Roman aqueduct in Merida, Spain