Cannacraft

Investor type

PE

Founded

2014

AUM

$36 M

Location

Santa Rosa, California, United States

$10-50 m

Investment Ticket

3-5 years

Investment Horizon

Seed, Series B

Investment Stage

Sale to strategic investor, IPO

Exit Strategy

Investor profile last updated: 27 July, 2026

Profile

CannaCraft is a prominent cannabis manufacturing company based in Santa Rosa, California, founded in 2014 by Dennis Hunter and Ned Fussell. The company specializes in high-quality recreational and medical cannabis products, emphasizing compliance, sustainability, and social justice. CannaCraft has evolved from its roots in underground cultivation to become one of California's largest and most regulated cannabis producers, processing approximately 150,000 pounds of dry plant material annually.

CannaCraft offers over 200 unique products, including vape cartridges, soft gels, edibles, and cannabis beverages. Its key brands include AbsoluteXtracts, Care By Design, Satori, Farmer & The Felon, and Lagunitas Hi-Fi Hops. The company is committed to making the world "happier and healthier" and supports social justice initiatives, including funding the Last Prisoner Project for non-violent cannabis offenders. Recently, CannaCraft merged with the San Diego dispensary chain March and Ash to expand its presence in Southern California, with Hunter and Fussell continuing as co-CEOs.

Industry

Consumer Services (B2C) Retail Cannabis Business Services (B2B) Consumer Products Healthcare Services Technology HealthTech

Region of investment

North America

Cannacraft Funds

Name Type
Questionare
Industry
Questionare
Stage
Questionare
Region
Size AUM Launch date
CannaCraft Seed Round
Venture Capital (VC)
Business Services (B2B)
Healthcare Services
Retail
Technology
HealthTech
Pre-seed
Seed
North America
$5-10 m
$34 M
January 2018

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FAQs about Cannacraft

Cannacraft is located in Santa Rosa, California, United States.
Cannacraft was founded in 2014.
Cannacraft invests in companies and startups in Consumer Services (B2C), Retail, Cannabis, Business Services (B2B), Consumer Products, Healthcare Services, Technology, HealthTech.
Cannacraft invests in companies and startups in North America.
Cannacraft invests in companies and startups at Seed, Series B.
Cannacraft usually invests $10-50 m on average.
Cannacraft has around $36m assets under management.
Cannacraft last fund was created/launched in 2018-01-01