Grassroots Cannabis

General contacts

Investor type

Founded

2014

AUM

$875 M

Location

Chicago, Illinois, United States

Investment Ticket

$10-50 m

Investment Stage

Series B

Region of investment

North America

Investor profile last updated: 16 August, 2026

Profile

Grassroots Cannabis is a cannabis company based in Chicago, Illinois, founded in 2014. The company was established with a focus on cultivating premium cannabis products, leveraging its roots in the local community. Grassroots has grown to become a significant player in the cannabis industry, with a vertically integrated business model that includes cultivation, processing, and dispensing of medical cannabis. The team is committed to quality and innovation, offering a range of products from top-shelf flower to concentrates and pre-rolls.

Grassroots Cannabis primarily invests in the cannabis sector, focusing on the cultivation and production of medical cannabis. The company operates in multiple states across the United States, providing a wellness and education-focused dispensary experience. Grassroots has raised significant capital over the years, including a $65 million early-stage VC round in 2018 and a $10 million round in 2017, contributing to its growth and expansion.

Notable investments and products from Grassroots Cannabis include their premium cannabis flower and diamond-infused pre-rolls. The company has been acquired by Curaleaf Holdings, further expanding its reach and capabilities in the cannabis market.

Industry

HealthTech Infrastructure Life Sciences MedTech Pharmaceuticals Medical Devices Cannabis Education Business Services (B2B) Consumer Products Consumer Services (B2C) Healthcare Services Retail

Grassroots Cannabis Funds

Name	Type	Industry	Stage	Region	Size	AUM	Launch date
Grassroots Cannabis Seed Round 2016	Private Equity (PE)	Business Services (B2B) Consumer Products Consumer Services (B2C) Healthcare Services Retail HealthTech	Series B Late Stage (Series C+)	North America	$5-10 m	$1 M	January 2016
Grassroots Cannabis Growth Capital Raise 2019	Private Equity (PE) Venture Capital (VC)	Consumer Products Consumer Services (B2C) Healthcare Services HealthTech	Seed Series A Series B	North America	$5-10 m	$90 M	March 2019

Contacts

Name

Title

Social Networks

Devin Collins Cultivation Associate

Cultivation Associate

d•••@•••

ahmad jameel Email designer

Email designer

a•••@•••

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Investment-team contacts for Grassroots Cannabis — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
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Contacts sourced from the firm's website and LinkedIn, re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

FAQs about Grassroots Cannabis

Is Grassroots Cannabis a venture capital or private equity firm?

Grassroots Cannabis is a private equity firm. It backs companies at Series B, writing tickets of $10-50 m.

Where is Grassroots Cannabis located?

Grassroots Cannabis is located in Chicago, Illinois, United States.

When was Grassroots Cannabis founded?

Grassroots Cannabis was founded in 2014.

What sectors and industries does Grassroots Cannabis invest in?

Grassroots Cannabis invests in companies and startups in HealthTech, Infrastructure, Life Sciences, MedTech, Pharmaceuticals, Medical Devices, Cannabis, Education, Business Services (B2B), Consumer Products, Consumer Services (B2C), Healthcare Services, Retail.

What is Grassroots Cannabis geographical focus of investments?

Grassroots Cannabis invests in companies and startups in North America.

At what stages of companies and startups does Grassroots Cannabis typically invest in?

Grassroots Cannabis invests in companies and startups at Series B.

What is the usual amount of Grassroots Cannabis investment?

Grassroots Cannabis usually invests $10-50 m on average.

What is the amount of assets of under management (AUM) for Grassroots Cannabis?

Grassroots Cannabis has around $875m assets under management.

When was Grassroots Cannabis last fund created?

Grassroots Cannabis last fund was created/launched in 2019-03-19

What are the contacts of Grassroots Cannabis?

Grassroots Cannabis can be reached through its website grassrootscannabis.com, its LinkedIn page and its X account. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Grassroots Cannabis — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

Can I access Grassroots Cannabis data via API or MCP?

Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query Grassroots Cannabis directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.

When was the Grassroots Cannabis profile last updated?

Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 16 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.