The WGD Opportunity Fund, L.P. (the “Fund”) was formed by WGD Capital to capitalize on the rapidly evolving and expanding legal cannabis industry. The Fund is uniquely positioned to support market-leading businesses while mitigating risk through professional management, diversification, structured investments and corporate governance. The Fund is strategically located in key cannabis, technology and capital market locations, with offices in Palo Alto, Vancouver and Tel Aviv.
The Fund invests in early- and expansion-stage private companies in the USA, Canada, and Israel, with the goal of building successful, profitable businesses and generating attractive investor returns. WGD has identified several attractive sectors of the cannabis value chain which offer strong barriers to entry and favorable margins.
WGD Capital team members have proven track records with start-ups and growth enterprises alike and accomplishments across multiple economic cycles. The team has more than 50 years of combined experience in fund management, venture capital, private equity, public and private capital markets, mergers & acquisitions and operations.
Prior to forming the Fund, the managers reviewed over 900 cannabis companies ultimately investing personally in over 25 companies through a disciplined review and due diligence process. Many of these firms have subsequently raised follow-on financing, completed public offerings, or have been acquired.
Birchmount Network is a pre-paid cannabis gift card platform serving the US and Canadian markets
The Blinc Group is a leading cannabis vape hardware company supplying brands, processors, and enterprise clients
Bloomfield Robotics is a machine vision startup for agricultural crop management
Elevated Signals is a cultivation management SaaS software company that focuses on digital records management and regulatory compliance
Headset is the leading cannabis market intelligence platform providing meaningful insights and analytical tools with unmatched breadth and depth
Petalfast is the first of-its-kind full spectrum sales and marketing agency for the cannabis industry
Sorse Technology is focused on providing high-quality, consistent, water-soluble emulsions from oil-based ingredients
Treez is an enterprise software company providing point of sale software to retail outlets
WGD Opportunity Fund: Q2 2022 Update
Raiven Capital Invests in Enterprise Software Company Elevated Signals
June 21, 2022
Treez Secures $51 million in Series C Funding, Now Valued at $260 Million, Driven by Rapid Growth
April 20, 2022
WGD Opportunity Fund: Q3 2021 Update
Headset Completes $8.6M of Financing, Further Cementing Position as the Market Analytics Leader in Cannabis
November 30, 2021
Cannabis Gift Card Provider, Birchmount Network, Closes $2.5M Seed Funding Round
October 20, 2021
Petalfast Closes $2.8 Million Round Of Funding Led By Merida Capital Holdings
May 19, 2021
Headset Raises $1.825M to Expand Its Leading Data Platform Into New Markets
April 30, 2021
WGD Opportunity Fund: Approaching Final Close
WGD Opportunity Fund: 2020 Year End Update and 2021 Outlook
The Blinc Group Raises $1.5 Million Pre-Series A Bridge Round
January 14, 2021
The Blinc Group