ENTOURAGE EFFECT CAPITAL, LLC
ENTOURAGE EFFECT CAPITAL, LLC is a Seed, Series C+ and debt fund in the US and Europe writing $300K–$2M checks into cannabis, plant-touching, ancillary-services, production-and-brands and science-and-technology.
- Stages
- Seed, Series C+, debt
- Sectors
- cannabis, plant-touching, ancillary-services, production-and-brands, science-and-technology
- Check size
- $300K–$2M
- Invests in
- US-wide, Europe
- Actively investing
- Yes
- Founded
- 2014
- Assets under management
- $250M
- Website
- entourageeffectcapital.com
Thesis
Entourage Effect Capital (EEC), formerly Cresco Capital Partners, is a private investment firm founded in 2014 with a primary focus on the cannabis industry. Their mission is to identify, invest in, and accelerate emerging growth companies within the cannabis value chain by leveraging their sector experience, networks, and processes. While primarily focused on growth-stage companies, they also allocate capital to early-stage ventures through their Arcview Ventures Seed Fund. Their investment approach includes opportunistic equity, convertible notes, and senior secured debt with warrant protection. EEC invests across the cannabis value chain, encompassing plant-touching businesses, ancillary services, production and brands, and science and technology. The firm's geographic scope is mainly within the United States, with some investments in Europe. As of early 2021, EEC had deployed over $150 million since its inception. The typical check size ranges from $300,000 to $2 million. EEC is headquartered in Dallas, Texas.
Common questions
Does ENTOURAGE EFFECT CAPITAL, LLC invest at the Seed stage?
Yes. ENTOURAGE EFFECT CAPITAL, LLC lists Seed, Series C+ and debt among the stages it invests in.
What check size does ENTOURAGE EFFECT CAPITAL, LLC write?
ENTOURAGE EFFECT CAPITAL, LLC writes $300K–$2M checks.
Where does ENTOURAGE EFFECT CAPITAL, LLC invest?
ENTOURAGE EFFECT CAPITAL, LLC invests in the US and Europe.