A marijuana venture capital started by alums of hedge fund Longacre is looking to raise over $100 million for a new fund

Feb 16 2019 by Business Insider

 

Altitude Investment Management is raising over $100 million for its second cannabis-focused fund, according to people familiar with the matter. The fund is a sizeable increase over its first $30 million fund which closed last year. Altitude joins a long list of cannabis venture funds that are raising millions to go after growth-stage startups.

Venture capital funds focused on startups in the rapidly growing cannabis industry are raising boatloads of capital, and Altitude Investment...

Continue Reading A marijuana venture capital started by alums of hedge fund Longacre is looking to raise over $100 million for a new fund