Gotham Green Partners logo

Gotham Green Partners

North America, California, United States, Santa Monica

Description

Gotham Green Partners (GGP) is a prominent private equity firm headquartered in Santa Monica, with a strong focus on the rapidly evolving global cannabis industry. Established to deploy significant capital into cannabis and cannabis-related enterprises, GGP distinguishes itself through a disciplined investment approach and deep industry expertise. The firm targets companies across the entire cannabis ecosystem, including cultivation, processing, distribution, retail, and ancillary services, reflecting a comprehensive strategy to capitalize on growth opportunities within the sector.

GGP operates primarily in the late-stage venture and private equity segments, seeking out companies with proven business models and substantial growth potential. Since its inception, the firm has successfully raised multiple funds, including Gotham Green Partners II, which closed at $150 million in 2019, and Gotham Green Partners III, which aimed to raise $300 million as of 2022. This substantial capital base enables GGP to make meaningful investments that can significantly accelerate the development of its portfolio companies.

The firm's typical investment strategy involves deploying initial cheques ranging from $5 million to $25 million per company, demonstrating its commitment to providing substantial growth capital. GGP has built a diverse portfolio of leading cannabis companies, showcasing its ability to identify and support key players in the market. Notable investments include stakes in industry giants such as Green Thumb Industries, a leading multi-state operator, and Flow Kana, a prominent California-based cannabis company.

This approach positions Gotham Green Partners as a key financial partner for established and high-growth cannabis businesses looking to scale their operations and expand their market reach. Their focus on the global scale underscores their ambition to be a leading investor in the international cannabis market, leveraging their experience to navigate the complex regulatory and commercial landscapes of the industry.

Investor Profile

Gotham Green Partners has backed more than 22 startups, with 0 new investments in the last 12 months alone. The firm has led 13 rounds, about 59% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Post Ipo Debt, Post Ipo Equity, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, Canada.
  • Strong thematic focus on Cannabis, Retail, Agriculture.
  • Typical check size: $5M – $25M.

Stage Focus

  • Post Ipo Debt (23%)
  • Post Ipo Equity (23%)
  • Series Unknown (18%)
  • Series A (14%)
  • Series C (9%)
  • Corporate Round (5%)
  • Series B (5%)
  • Seed (5%)

Country Focus

  • United States (86%)
  • Canada (14%)

Industry Focus

  • Cannabis
  • Retail
  • Agriculture
  • Financial Services
  • Venture Capital
  • E-commerce
  • Software
  • Medical
  • Hydroponics
  • Shopping
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Gotham Green Partners frequently co-invest with?

Salveo Capital
North America, Illinois, United States, Chicago
Co-Investments: 2
Stable Road Capital
North America, California, United States, Venice
Co-Investments: 1
Co-Investments: 1
Delta Emerald Ventures
North America, New York, United States, New York
Co-Investments: 2
Granite Hall Partners
North America, Illinois, United States, Chicago
Co-Investments: 2
Navy Capital
North America, New York, United States, New York
Co-Investments: 2
Senvest Management
North America, New York, United States, New York
Co-Investments: 1
Btomorrow Ventures
Europe, England, United Kingdom, London
Co-Investments: 2
Merida Capital Holdings
North America, New York, United States, New York
Co-Investments: 2
Oasis Management
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 1

Which angels does Gotham Green Partners often collaborate with?

David Belsky
North America, California, United States, Los Angeles
Shared Deals: 1
AV
North America, New York, United States, New York
Shared Deals: 1
LL
North America, New York, United States, Scarsdale
Shared Deals: 1
Shared Deals: 1
PF
North America, Pennsylvania, United States, Philadelphia
Shared Deals: 1
JK
North America, New York, United States, New York
Shared Deals: 2

What are some of recent deals done by Gotham Green Partners?

Lucid Green

New York, New York, United States

Lucid Green enables the cannabis industry to communicate trust and transparency through a direct connection with the consumer.

BlockchainLogisticsSupply Chain Management
Series CJul 10, 2024
Amount Raised: $1,400,000
Trait Biosciences

Vancouver, British Columbia, Canada

Trait Biosciences is a cannabis biotechnology company harnessing research scientists.

BiotechnologyCannabisProduct Research
Series UnknownOct 11, 2023
Engin Sciences

New York, New York, United States

Engin Sciences develops AI-Driven HR software that gives companies access to a virtual talent management system.

Artificial Intelligence (AI)Human ResourcesRecruitingSaaSSoftware
SeedApr 6, 2023
Amount Raised: $2,500,000
iAnthus

New York, New York, United States

iAnthus offers financial operations to manage the cannabis industry.

AgricultureCannabisFinancial ServicesVenture Capital
Post Ipo DebtFeb 2, 2023
Amount Raised: $14,000,000
PreAct Technologies

Portland, Oregon, United States

PreAct Technologies focuses on flash LiDAR tech, delivering high-resolution, affordable solutions across multiple industries.

AutomotiveIndustrialInformation TechnologySensor
Series ANov 16, 2021
Amount Raised: $13,000,000
Jane Technologies

Soquel, California, United States

Jane Technologies is a cannabis retail tech company that provides its consumers with an online experience for shopping and reviews.

E-CommerceInternetRetailSoftware
Series CAug 25, 2021
Amount Raised: $100,000,000
Trait Biosciences

Vancouver, British Columbia, Canada

Trait Biosciences is a cannabis biotechnology company harnessing research scientists.

BiotechnologyCannabisProduct Research
Series AMar 22, 2021
Amount Raised: $24,757,595
Coda Signature

Denver, Colorado, United States

Coda Signature crafts premium cannabis-infused edibles and topicals for medicinal and adult use.

Food and Beverage
Series UnknownFeb 1, 2021
Amount Raised: $6,000,000
MedMen

Culver City, California, United States

MedMen owns and operates licensed cannabis facilities in cultivation, manufacturing, and retail.

Cannabis
Post Ipo DebtSep 16, 2020
Amount Raised: $20,000,000
iAnthus

New York, New York, United States

iAnthus offers financial operations to manage the cannabis industry.

AgricultureCannabisFinancial ServicesVenture Capital
Post Ipo DebtDec 20, 2019
Amount Raised: $36,150,000