Arcview pulls in $7.7 mln Series A
Summary
This forward-thinking group includes former AB Inbev CMO, Chris Burggraeve, Treehouse Ventures’ Lindy Snider, Mazakali’s Sumit Mehta, Berkeley Patients Group’s Tim Schick and Etienne Fontan, Dixie Brands’ Tripp Keber, cannabis investment luminary David Wenger, renowned entrepreneur mentor Francis Priznar and former Congressman Ed Feighan. “We have been a proud partner of Arcview from many years, as several of our portfolio companies have successfully raised capital through their platforms,” said Codie Sanchez, Managing Director of Cresco Capital Partners, a private equity investment firm focused on making strategic investments in the legal cannabis market, “We see a real need for the new asset management offerings in development at Arcview to fuel great ideas and passionate entrepreneurs. Trivergance leverages its Ampology affiliate and intellectual property in the areas of BPO, branding, operations, sales, customer acquisition and engagement for its portfolio companies. Founded in 2014, the Firm is focused on deploying capital in strategic geographies and sectors within the cannabis space through a combination of opportunistic equity, convertible notes and senior secured debt with warrant protection. With a focus on creating entire new businesses and technology platforms for our partner companies, Ampology brings premium, best-in-class experience to bear with entrepreneurial passion, speed and efficiency to transform and grow brands – and generate meaningful market velocity.