U.S. Cannabis Investor Merida Capital Launches $75 Million Fund

Private equity firm Merida Capital Partners has deployed approximately $23 million into the cannabis industry over the past 15 months. Managing partner Mitch Baruchowitz, who got involved in the industry in 2010, worked with Theraplant to win one of four licenses in Connecticut and has been an investor in it since 2014, when he helped Leafline Labs attain one of the two licenses in Minnesota, spoke with New Cannabis Ventures about the firm’s Fund I investments and how that strong base is helping the company grow and diversify its portfolio.