.
MergerLinks Header Logo

Announced

Completed

D1 Capital led a $350m Series D funding round in Dutchie.

Financials

Edit Data
Transaction Value£255m
Consideration TypeCash
Capital Owned-
Capital Bid For9%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

cannabis retailer

Specialty Retailers

United States

Friendly

Minority

Cross Border

Private Equity

Private

Completed

Acquisition

Venture Capital

Synopsis

Edit

D1 Capital, a global investment firm, led a $350m Series D funding round in Dutchie, a provider of safe and easy access to cannabis retailers for consumers. Additional investors include Tiger Global, Dragoneer, DFJ Growth, Thrive Capital, Gron Ventures, Casa Verde Capital, Willoughby Capital, Glynn Capital and Park West Asset Management. “The verdict is out, and cannabis is a force for good. That is the biggest development we are excited about. The cannabis space is the fastest growing industry, up 35% year over year. Dutchie is working with over 5k dispensaries in North America and processed $14bn in annualized sales for those dispensaries. We’ve seen 100% year over year growth with dispensaries," Ross Lipson, Dutchie Co-Founder and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US