Merida Capital Launches Third Fund Targeting Cannabis Space

Mitch Baruchowitz’s Merida continues to build positions in the cannabis space. The firm just launched its third fund that will look to invest $200m across the entire cannabis ecosystem. The PE firm is only two years old, but has already invested in several dozens players in the space.
Merida also announced the opening of an office in Toronto, Canada to look at deals in a country where cannabis is entirely legal.