High Street Capital Partners, LLC

High Street Capital Partners, LLC is a leading investment firm focused on the cannabis sector, primarily facilitating capital for the cultivation, processing, and sale of cannabis products across various markets. Founded in 2014, High Street Capital Partners, LLC is a New York-based investment firm that specializes in the cannabis industry. The firm is notable for merging with Acreage Holdings, Inc. in November 2018, which led to its public listing.

Loyiso Maqina, a seasoned entrepreneur, is the founder of the firm. High Street Capital Partners has successfully completed a total of 4 deals, with its most recent deal occurring on February 10, 2020, during a PRIVATE PLACEMENT/FOLLOW ON funding round where it raised USD 50. 00 mn, totaling USD 50. 00 mn raised overall.

Acreage Holdings operates as a prominent multi-state operator in the cannabis industry, offering a diverse portfolio of brands designed to meet the varying needs of cannabis consumers. The company’s product offerings span cultivation, processing, manufacturing, and dispensing, ensuring high-quality and consistent products across various forms, including edibles, oils, and flowers. Its geographical reach includes several key markets across the United States, allowing it to serve a broad customer base with distinct and accessible cannabis brands tailored to specific consumer needs. The leadership team brings decades of industry experience to the forefront of its operations.

In the most recent year, Acreage Holdings generated revenue amounting to USD 223. 38 mn, while reporting an EBITDA of USD -18. 36 mn for the same period. High Street Capital Partners is focused on future growth through the introduction of new cannabis products and expansion into new markets.

Following the merger with Acreage Holdings, the firm aims to leverage its capital to enhance product offerings and reach, targeting additional states for market entry. The recent funding of USD 50. 00 mn will be allocated towards these initiatives, ensuring that High Street Capital Partners can effectively position itself in a rapidly evolving cannabis landscape.