ALTMORE CAPITAL INVESTMENT MANAGEMENT, LLC

Thesis

Altmore Capital Investment Management, LLC is a specialty finance firm established in August 2018, registered as an SEC investment adviser. Headquartered in Arlington, Virginia, the firm primarily focuses on providing debt and structured capital solutions to fast-growing companies within the U.S. legal cannabis industry. Their investment strategy targets "whitespace opportunities" in underfunded sectors, with a strong emphasis on cannabis. They offer senior secured term loans, often with warrants or equity-like features, to later-stage private companies demonstrating robust revenue growth ($20M-$250M), professional management, and scalable business models. Altmore Capital avoids early-stage or pre-revenue ventures, preferring profitable companies or those with a clear path to profitability. Their approach involves institutional underwriting and due diligence, aiming to provide flexible capital that allows founders to retain control while accelerating growth. Beyond cannabis, they also invest in agriculture, real estate, sports, and manufacturing through various debt and equity instruments. As of December 31, 2024, the firm managed approximately $189.6 million in AUM and has facilitated over $350 million in financings. Typical deal sizes range from $5 million to $30 million.

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