Artemis Growth Partners
Artemis Growth Partners is a private ESG and impact-focused investment firm managing US $300+ million in discretionary AUM across the global cannabis value chain, deploying capital to branded product, distribution, genetics, and technology companies worldwide.
- Company typePrivate
- Founded2015
- HeadquartersSanta Ana, Costa Rica
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Artemis Growth Partners does
Artemis Growth Partners is a privately held investment and advisory firm founded in 2015 that manages US $300+ million in mission-driven, discretionary assets under management dedicated to the global cannabis industry. The firm positions itself as the first ESG and impact-focused fund in cannabis, deploying capital across four investment themes — Branded Product, Distribution and Commerce, Genetics, and Technology — and across the full cannabis value chain including licensed operators, branded product companies, distributors, ancillary service providers, and science-driven R&D platforms. Its portfolio spans 30+ companies headquartered in North America, Europe, Latin America, the Caribbean, the Middle East, and Asia, with notable holdings including Green Thumb Industries (GTII.CN), Clever Leaves (NASDAQ:CLVR), Kiva Confections, PAX Labs, and Nabis.
The firm generates revenue through conventional private fund economics — ongoing management fees calculated as a percentage of AUM, supplemented by carried interest on profitable exits. Its general partnership is led by founder William Muecke (Co-Founder and Managing Member) and a small team (1-10 employees) drawn from senior ranks at Goldman Sachs, JPMorgan, and Mesoamerica, supplemented by direct operating experience running licensed cannabis businesses. The firm maintains headquarters in London and a regional office in Santa Ana, Costa Rica, and serves two customer sets: cannabis entrepreneurs seeking growth capital and strategic guidance, and institutional or high-net-worth investors seeking ESG-aligned exposure to the sector.
Operationally, Artemis pursues proprietary deal flow through direct relationships, industry events, and an investor portal/virtual data room for LPs, with no public pricing or fund terms disclosed. Notable realized exits between 2019 and 2021 include Lord Jones (acquired by Cronos), Acreage Holdings (acquired by Canopy Growth), Solo Sciences (acquired by KERN), Caliva (sold to Subversive Capital), and High 12 Brands (acquired by Materia), providing both return realization and validation of its multi-thematic investment strategy.
Artemis Growth Partners firmographics
Firmographics- Name
- Artemis Growth Partners
- Legal name
- Artemis Growth Partners LLC
- Website
- https://artemisgrowth.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Artemis Growth Partners is a private ESG and impact-focused investment firm managing US $300+ million in discretionary AUM across the global cannabis value chain, deploying capital to branded product, distribution, genetics, and technology companies worldwide.
- Ownership category
- akta.pro rank
Artemis Growth Partners industry classification
Industry- Product category
- Cannabis Investment Management
- NAICS
- Portfolio Management and Investment Advice (523940), All Other Financial Investment Activities (52399), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Healthcare & Life Sciences Growth Equity (FSANACAB)
Keywords
Where Artemis Growth Partners is headquartered
LocationHeadquarters
- HQ city
- Santa Ana
- HQ country
- Costa Rica
- HQ region
- Latin America
Offices2 records
Markets served
Artemis Growth Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Asset Management Fees: Artemis Growth Partners generates revenue through management fees on their US $300+ million in mission-driven discretionary assets under management (AUM). As a fund manager, they likely earn ongoing management fees calculated as a percentage of AUM.
- Carried Interest / Performance Fees: As professional investors who develop, structure, manage, and exit successful investments in emerging industries, the firm earns carried interest on profitable exits of portfolio companies.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Artemis Growth Partners product offering
Product offeringCore offering
Artemis Growth Partners is a private investment firm that deploys capital into the global cannabis value chain, managing US $300+ million in mission-driven discretionary assets under management (AUM). The firm invests across four themes — Branded Product, Distribution and Commerce, Genetics, and Technology — and serves as both a capital partner for cannabis entrepreneurs and a fiduciary for cannabis investors. Revenue is generated through asset management fees on AUM and carried interest on successful portfolio exits.
Product overview
Artemis Growth Partners is an ESG and impact-focused investment firm in the global cannabis industry, not a technology product company. The firm manages US $300+ million in mission-driven assets under management and invests across four main themes: Branded Product, Distribution and Commerce, Genetics, and Technology. They provide investment capital and expertise to cannabis entrepreneurs rather than offering a software product or platform.
Differentiator
Problem solved
Functional benefit
Products and services
- Artemis Cannabis Investment Fund (ESG & Impact Mandate) Discretionary pooled investment vehicle deploying capital across the global cannabis value chain under an ESG and impact mandate. Targets operators in branded products, distribution, ancillary services, and science-driven R&D platforms across North America, Europe, Israel, and equatorial cultivation regions. Revenue is generated via management fees on AUM and carried interest on successful exits. Designed for institutional and high-net-worth investors seeking professionally managed cannabis exposure.
- Branded Product Investment Theme Investment allocation focused on consumer and patient connection, brand identity, and relationship with consumers in the cannabis industry. Portfolio examples include Kiva Confections, Lord Jones, and Caliva. Designed for cannabis entrepreneurs seeking capital to scale branded cannabis product companies.
- Distribution and Commerce Investment Theme Investment allocation focused on supply chain control and defensible distribution plays in the cannabis value chain. Portfolio examples include Green Thumb Industries (GTII), 4Front, Nabis, Leaf Trade, and Flower Company. Targets licensed cannabis businesses seeking capital to expand distribution infrastructure and commerce platforms.
- Genetics Investment Theme Investment allocation focused on plant breeding, genetic discovery, cannabinoid expression, and micropropagation in cannabis cultivation. Portfolio examples include Phylos Bioscience and Conception Nurseries. Supports science-driven R&D platforms and cultivators seeking to improve plant quality and efficacy through genetic innovation.
- Technology Investment Theme Investment allocation focused on new distribution methods, consumer and provider applications, and disruptive online markets for the cannabis industry. Portfolio examples include PAX Labs, Jane Technologies (iHeartJane), Leaf Trade, Solo Sciences, iCAN, and Prohibition Partners. Backs technology and service providers enabling compliant, scalable cannabis commerce.
Companies that use Artemis Growth Partners
Customer profileSegments2 records
Ideal customer profiles2 records
Artemis Growth Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Artemis Growth Partners partnerships and signals
Strategic signalPartnerships
34 partnerships are on record, tiered core and minor.
- Green Thumb Industries (GTII)corePortfolio company - a national cannabis consumer packaged goods company and retailer dedicated to providing dignified access to cannabis. GTI manufactures and distributes branded cannabis products including Rythm, Dogwalkers, The Feel Collection, and Beboe. The company operates Rise and Essence retail stores across 12 U.S. markets with 13 manufacturing facilities and 89 retail locations.
- Lord JonesminorPortfolio company - maker of hand-crafted CBD-infused chocolate products using single origin Ecuadorian dark chocolate and full-spectrum phytocannabinoid-rich CBD extract. Acquired by Cronos (NASDAQ:CRON).
- Kiva ConfectionscorePortfolio company - one of the largest and fastest-growing edible products companies in the cannabis industry with enviable market leadership throughout its multi-state footprint. Known for world-class operations with focus on efficacy, food safety, and business integrity.
- Clever LeavescorePortfolio company - fully-licensed Colombian operator and subsidiary of Northern Swan, on track to be the world's largest low-cost provider of medical cannabis. Operates over 10 million ft2 of growable terrain with the largest pharmaceutical grade extraction plant and GMP-certified processing facilities.
- 4FrontminorPortfolio company - leading retail and brand development company with 4 vertically-integrated licenses in limited license states. Operates retail business under the Mission brand name. Publicly traded under FFNT.CN on Canadian Securities Exchange.
- PharmacannminorPortfolio company - one of the largest medical cannabis companies operating in highly regulated U.S. states with a mission to improve the quality of life for patients in need of cannabis-related medicine.
- Acreage HoldingsminorPortfolio company - leading vertically-integrated multi-state operator in 14 legal U.S. states serving adult-use consumers and medical patients. Acquired by Canopy Growth. Publicly traded under ACRG.U on the Canadian Securities Exchange.
- Columbia Care (CCHW)minorPortfolio company - leading vertically-integrated multi-state operator in 10 legal U.S. states, Washington D.C., and Puerto Rico. Merged with Canaccord Genuity Growth Corp SPAC to be publicly traded under CCHW.NE on NEO (Canada).
- Central Coast Agriculture (Raw Garden)minorPortfolio company - vertically-integrated cannabis consumer products company headquartered in Buellton, CA. Dedicated to making cannabis a modern agricultural crop with precision agriculture and biotechnology, cultivating at lowest production cost.
- CalivaminorPortfolio company - leading vertically-integrated California brand in cultivation, wholesale, distribution, and branded product. Sold to Subversive Capital (NEO:GRAM.U).
- Flow KanaminorPortfolio company - premium sun-grown, small batch sustainable cannabis from California's Emerald Triangle cultivators. Devoted to providing highest quality cannabis supply chain management benefiting consumers, growers, and environment.
- JacanacorePortfolio company - pioneering global medical cannabis company harnessing nature's medicine. World leader in outdoor cultivation of medical cannabis at 4.4 million square foot farm in St Ann, Jamaica. First company to export Jamaican medical cannabis flower internationally.
- PAX LabscorePortfolio company - award-winning consumer technology brand and gold standard for cannabis devices. Delivers best-in-class software and hardware for personalized consumer experience. Lead investors include Tiger Global and Tao Capital Partners (Pritzker family).
- Conception NurseriesminorPortfolio company - California-based agriculture-technology company providing clean, genetically certified cannabis clones using tissue culture micropropagation. Solves cultivators' problems by bringing proven agricultural technology to cannabis.
- Flower CompanyminorPortfolio company - wholesale cannabis delivery operating as 'The Costco of Cannabis'. Club approach cuts supply chain overhead to deliver low-cost, high quality cannabis to patients and consumers across California.
- Solo Sciences Inc.minorPortfolio company - provides closed-loop trade and tracking system using unique identifier printed tags instead of high-cost RFID technology. Provides greater security, tracking, compliance, and consumer-oriented solutions. Acquired by KERN:NASDAQ.
- Plant PeopleminorPortfolio company - CBD brand philosophy offering high quality, innovative hemp-derived products from 100% organic Colorado-grown plants. Products include full spectrum oils and capsules with 0% THC isolate.
- iCANcorePortfolio company - manages leading world events platforms for global cannabis (CannaTech summits), provides research and consulting services (iCAN Serve), and operates incubator platform (iCAN Incubate) for cannabis development in Israel.
- AureumminorPortfolio company - complete outsourcing solution for manufacturing of medicinal cannabis extracts using sophisticated supercritical CO2 extraction technology. Contract manufacturing from product formulations to packaging.
- Cann Social TonicsminorPortfolio company - cannabis-infused social tonic crafted in California. Uses all-natural ingredients to create light, refreshing social buzz. Available in dispensaries across California, Illinois, Massachusetts, Nevada, and Rhode Island.
- Asia Horizon GroupcorePortfolio company - holding company building licensed producer headquartered in Asia with global reach. First western-backed company awarded license by Chinese government to process cannabinoids from hemp.
- High 12minorPortfolio company - cannabis-focused Consumer Packaged Goods company building and operating premier global cannabis brands. Acquired by Materia.
- Think BIGminorPortfolio company - cannabis social entrepreneurs led by CJ Wallace (son of The Notorious B.I.G.), encouraging global community to embrace curiosity and creativity. Focus on using cannabis to empower, heal, and inspire.
- Phylos BiosciencecorePortfolio company - genomics company on a mission to better understand cannabis. Launched 95,000 SQFT plant breeding campus near Portland for R&D. Operating data-driven breeding program and helped launch Conception Nurseries.
- MedcolcannaminorPortfolio company - medical cannabis company operating in Colombia with state-of-the-art organic agricultural technology and innovative pharmaceutical processes. Publicly traded under MCCN.CN.
- Prohibition PartnersminorPortfolio company - global leader in cannabis data, media, and conferences. Delivers knowledge, insight, and network fundamental to the cannabis industry through portfolio of wholly owned companies.
- CBVITminorPortfolio company - leading cannabis (hemp) specialists creating premium CBD health and beauty products. Born in Czech Republic with over 12 years producing hemp goods. Pharmaceutical grade production facility with CO2 extraction.
- PhytoPūr BiominorPortfolio company - develops and manufactures premium plant-based products including hemp-based CBD oils, skincare, body care, hair care, and pet products. 20+ years of experience in natural beauty and food supplements manufacturing.
- Jane Technologies (iHeartJane)corePortfolio company - created iheartjane.com, the cannabis industry's only complete online marketplace. Provides consumers with confident, safe, and simple shopping experience to browse local products, compare prices, and place orders at local stores for free.
- NabiscorePortfolio company - leading distributor of cannabis products servicing hundreds of licensed businesses in California. Distributes 80 brands to more than 750 dispensaries covering 99% of licensed retailers in the state. Proprietary software for compliant order scheduling and tracking.
- Leaf TradecorePortfolio company - dominant wholesale technology platform in Sweet 16 limited license states. Leading wholesale marketplace for cannabis with majority share in fastest growing U.S. states. Partnered with 85+ facilities and 600+ dispensaries in 16 markets.
- Rainbow Cannabis Brands (Kaya, Peace and Skin)minorPortfolio company - #1 hemp-based brand portfolio in France aiming to be #1 brand in Europe. Operates Kaya (food supplements) and Peace and Skin (cosmetics) using natural adaptogenic plants along with CBD.
- Soteria HoldingsminorPortfolio company - leading cannabis importer and prescriber for medical cannabis in Poland and Czech Republic. Provides highest quality flower and concentrates in THC medicinals plus medical-grade and consumer CBD products.
- Bloomwell GroupcorePortfolio company - fully integrated cannabis universe of distinct brands covering wholesale to D2C, flowers to accessories, medical use to lifestyle consumption. Operates Europe's leading telemedicine platform and intuitive product shopping journey.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Artemis Growth Partners competitors and assessment
Company assessmentDirect peers
- Privateer Holdings: Pioneering cannabis-focused private equity firm investing across the cannabis value chain (brands, technology, distribution). Direct comparable as an early-mover, multi-strategy cannabis PE firm with a similar thematic mandate to Artemis.
- Tuatara Capital: Cannabis-specialist growth equity firm that has raised multiple cannabis-focused funds. Directly comparable to Artemis as a sector-specific PE manager deploying capital into emerging cannabis companies globally.
- Casa Verde Capital: Cannabis-focused venture capital fund investing across the cannabis industry from seed to growth stages. Directly comparable to Artemis as a thematic cannabis investment firm targeting entrepreneurs across the value chain.
- Poseidon Asset Management: Cannabis-focused fund manager offering diversified public/private cannabis exposure. Directly comparable to Artemis in sector specialization, fund management approach, and ESG-conscious positioning.
- Merida Capital Partners: Cannabis-focused private equity firm investing across plant-touching, brands, ancillary services, and technology. Directly comparable as another multi-fund cannabis PE manager with overlapping investment themes to Artemis.
Emerging players
- Salveo Capital: Cannabis-focused investment firm deploying capital across the global cannabis industry. Comparable to Artemis as a fellow cannabis-specialist investor, though typically operating at a smaller scale.
- Arcview Group: Cannabis-focused investment network and fund manager connecting investors with cannabis opportunities. Adjacent peer to Artemis given overlapping sector focus, though differentiates on research/events versus direct GP capital.
- Demetrix (PE platform): Cannabinoid-focused biotechnology investment platform investing in companies producing rare cannabinoids. Comparable to Artemis as another sector-specific institutional cannabis investment firm with scientific/R&D orientation.
- Entourage Effect Capital: Cannabis-focused venture capital fund investing in seed and early-stage cannabis companies. Comparable as a thematic cannabis investor, though focused earlier-stage than Artemis.
Broad incumbents
- Canopy Growth (CE) / Constellation Capital: Although primarily an operator, Canopy Growth's acquisition of Acreage and other PE-style stakes places it adjacent. Comparable to Artemis's broader cannabis investment ecosystem, though Canopy is a vertically integrated operator rather than pure PE manager.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Artemis Growth Partners social profiles
Digital presenceArtemis Growth Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Artemis Growth Partners leadership team
Management profileNumber of profiles
Profiles1 record
Artemis Growth Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Artemis Growth Partners M&A and investment
M&A and investmentM&A
Investments6 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Artemis Growth Partners
What does Artemis Growth Partners do?
Artemis Growth Partners is a private investment firm that deploys capital into the global cannabis value chain, managing US $300+ million in mission-driven discretionary assets under management (AUM). The firm invests across four themes — Branded Product, Distribution and Commerce, Genetics, and Technology — and serves as both a capital partner for cannabis entrepreneurs and a fiduciary for cannabis investors. Revenue is generated through asset management fees on AUM and carried interest on successful portfolio exits.
Is Artemis Growth Partners a public or private company?
Artemis Growth Partners is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Artemis Growth Partners founded?
Artemis Growth Partners was founded in 2015. It employs 1 to 10 people.
Where is Artemis Growth Partners based?
Artemis Growth Partners is headquartered in Santa Ana, Costa Rica, in the Latin America region.
How does Artemis Growth Partners make money?
Two revenue lines are on record. Asset Management Fees are the primary driver. The others are carried Interest / Performance Fees.
Who are Artemis Growth Partners's main competitors?
Direct peers on record are Privateer Holdings, Tuatara Capital, Casa Verde Capital, Poseidon Asset Management and Merida Capital Partners. Emerging players are Salveo Capital, Arcview Group, Demetrix (PE platform) and Entourage Effect Capital. Canopy Growth (CE) / Constellation Capital is listed as a broad incumbent.
Does Artemis Growth Partners have an API?
No public API is recorded for Artemis Growth Partners.
What industry is Artemis Growth Partners in?
Artemis Growth Partners's product category is Cannabis Investment Management. Its primary akta.pro industry code is FSANACAB, Healthcare & Life Sciences Growth Equity. Its NAICS code is 523940 and its SIC code is 6282.