Green Acre Capital

What Green Acre Capital does

Green Acre Capital is a Toronto-based private cannabis-focused investment firm founded in 2017 that operates two core cannabis funds which have collectively deployed over C$100 million into the legal cannabis industry. The firm invests across a diversified set of verticals within cannabis — including brands, retail, extraction, distribution, software, plant science, hardware, and accessories — with geographic exposure spanning Canada, LATAM, and Europe. Current investment focus is on companies that already demonstrate revenue traction and have ambitious growth goals, indicating a tilt toward growth-stage cannabis opportunities rather than pure seed-stage bets.

The firm is co-led by Managing Partners Matthew Shalhoub (former operator of venture-backed companies, with prior experience in operations, business development, financings, and M&A) and Tyler Stuart (18 years of investment banking and capital markets experience, including at FirstEnergy Capital and CIBC Wood Gundy). Governance is supplemented by an Investment Committee including W. Brett Wilson (co-founder of FirstEnergy Capital Corp., Order of Canada recipient) and Albert Soberano (Chairman of Sharno Group Inc., former CEO of Y.M. Inc.), plus advisor Shawn Dym (early-stage investor in Aphria, Executive Chairman of Humble & Fume). The team holds active board seats in portfolio companies Weekend Holdings, Ample Organics, and Humble + Fume, and previously held a board seat in Tokyo Smoke prior to its merger with DOJA.

As a private fund manager, Green Acre Capital generates revenue through management fees on committed/deployed capital and carried interest on investment returns. The firm describes its approach as "hands-on" and explicitly frames its portfolio as a "fund ecosystem" intended to create value in challenging parts of the cannabis sector — suggesting active operational involvement, board governance, and cross-portfolio synergies rather than passive capital deployment. The firm is small (1–10 employees), independently held, and does not disclose financial metrics publicly.

Name

Green Acre Capital

Website

https://greenacrecapital.ca

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Green Acre Capital is a Toronto-based private cannabis-focused investment firm operating two core funds that have deployed over C$100M into cannabis companies across Canada, LATAM, and Europe, targeting revenue-generating businesses in brands, retail, extraction, distribution, software, and adjacent verticals.

Ownership category

akta.pro rank

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Fund Management and Investment Returns: Green Acre Capital generates returns through deploying capital into cannabis companies and creating value in the fund ecosystem. As a private fund manager, revenue is likely derived from management fees and carried interest on investment returns.

Go-to-market motion1 record

Marketing channels1 record

Core offering

Green Acre Capital operates two core private cannabis investment funds that have deployed over C$100M into the legal cannabis industry. The funds invest across multiple verticals including brands, retail, extraction, distribution, software, plant science, hardware, and accessories, targeting companies with revenue traction and ambitious growth goals. The firm takes a hands-on approach, creating a fund ecosystem that creates value in challenging parts of the cannabis sector.

Product overview

Green Acre Capital is a private cannabis fund operating as a single unified investment platform consisting of two core cannabis funds. The funds invest in a diverse range of verticals including brands, retail, extraction, distribution, software, plant science, hardware, and accessories, with a current focus on companies with revenue traction and ambitious growth goals.

Differentiator

Problem solved

Functional benefit

Products and services

• Two Core Cannabis Funds

Named customers4 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Tuatara Capital: Tuatara Capital is a New York-based private equity firm that invests exclusively in the legal cannabis industry across multiple verticals. It is one of the closest direct comparables to Green Acre Capital given the shared dedicated cannabis fund strategy and multi-vertical mandate.
• Privateer Holdings: Privateer Holdings is a cannabis-focused private equity firm investing across the cannabis value chain globally. Like Green Acre, it pools LP capital into a dedicated cannabis fund vehicle targeting operators across multiple geographies.
• Casa Verde Capital: Casa Verde Capital is a venture capital firm dedicated to the cannabis ecosystem, investing in both plant-touching and ancillary businesses. It is comparable to Green Acre in deploying pooled capital through dedicated cannabis fund vehicles across multiple verticals.
• Merida Capital Partners: Merida Capital Partners is a cannabis-focused private equity fund targeting companies across the cannabis value chain. Both firms operate dedicated cannabis fund vehicles deploying institutional capital into operators in legal cannabis markets.
• Phyto Partners: Phyto Partners is a cannabis-focused venture capital firm investing across cannabis subsectors including plant-touching and ancillary businesses. Both firms operate dedicated cannabis investment vehicles with multi-vertical strategies.
• Gotham Green Partners: Gotham Green Partners is a private equity firm focused on the cannabis industry with a multi-vertical investment mandate. It is comparable to Green Acre Capital given the shared focus on deploying pooled capital into legal cannabis operators across diverse subsectors.
• Viridian Capital Advisors: Viridian Capital Advisors is a cannabis-focused investment bank and fund manager that raises and deploys capital into cannabis operators. It is comparable to Green Acre as a financial intermediary channeling capital into the legal cannabis sector.
• Poseidon Asset Management: Poseidon Asset Management is a cannabis-focused investment manager that operates dedicated cannabis funds. It is comparable to Green Acre in operating a pooled cannabis investment vehicle targeting operators in legal jurisdictions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/greenacrecap

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments16 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Green Acre Capital