Latest 12/12 Ventures News
Apr 24, 2020
1212 Ventures Logo 12/12 Ventures , a Sausalito, Calif.-based cannabis venture capital firm, recently made investments in three companies in the cannabis vertical. The terms of the below mentioned deals were not disclosed. The companies include: Cookies Inc., a cannabis brand, which currently has 7 dispensaries in California, 1 in Detroit and expects 30+ by the end of this year. Cookies Retail Enterprises (CRE), a separate company from Cookies, a retail development company (think REIT) that is purpose-built to rapidly identify and secure premium retail locations for Cookies stores, in both the U.S. and internationally. Backbone Software, a supply chain solution provider in the cannabis industry. It enables cannabis companies to intelligently manage all aspects of supply — including cultivation, manufacturing, inventory, packaging, shipping, pricing, billing, purchasing, and logistics on a single platform. Led by Charles Finnie, Co-Managing Partner, and Matthew Barron, Co-Managing Partner, 12/12 Ventures is a cannabis-focused venture capital firm which is raising a $100m fund. FinSMEs
12/12 Ventures Team
2 Team Members
12/12 Ventures has 2 team members, including current Managing Partner, Matthew Barron.