Profile
MJIC is a private equity firm focused on the cannabis industry, aiming to provide comprehensive business solutions for companies within the industry. Based in Los Angeles, it was founded in 2014 by former Wall Street professionals with a strong background in investment management and strategic growth. The firm is known for offering end-to-end services through its network of consultants and industry experts specialized in areas such as regulatory compliance and operational transformation.
MJIC primarily targets the cannabis sector, which encompasses various sub-sectors including cultivation, retail, distribution, and ancillary services supporting cannabis businesses. They are flexible in their investment scope, backing both startups and mature companies in North America. While their average investment size is not public, they generally participate in Series A to late-stage funding rounds. The firm has raised multiple funds focused on strategic growth within this burgeoning industry space.
Their investment portfolio includes prominent names such as GanjaGold - a premium cannabis brand, WeedMaps - a community for cannabis dispensaries, and KushCo Holdings - a supplier of ancillary products and services to the legal cannabis and CBD industries. These investments demonstrate MJIC’s commitment to nurturing innovative companies that drive the cannabis industry forward.
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