About the Fund
Denver-based First Capital Ventures is the General Partner and Fund Manager of Viridis Fund I (the Fund), a cannabis opportunity investment vehicle capitalizing on the exploding legal cannabis market – the fastest growing industry in America (Source: The ArcView Group via The Huffington Post). The Fund seeks to leverage one of the cannabis industry’s key challenges: access to capital for its early and mid-stage growth companies, including the inability to finance real estate, equipment and operations via traditional channels (i.e., banks). With few options available, these high cashflow businesses often pay rates significantly above market to secure financing. The Fund seeks to capitalize on this opportunity by funding only the most elite cannabis projects and mitigating downside risk by, whenever possible, collateralizing its investment with real estate, equipment or other assets. The Fund further benefits from the proven financial leadership and business support services of First Capital Ventures and affiliate First Capital Growth Partners.
Of Americans live in a state allowing cannabis use
Estimated national sales in 2015
Projected national sales in 2016
Projected national sales by 2020
... yet traditional financing is still closed to deserving projects
Ways to Participate
Specifically, Viridis Fund I invests in…
Non plant-touching projects
- No need to register with state
- No residency requirements
- Reduced Federal exposure
Generally collateralized, income generating
- Real Estate
Special situation equity opportunities
- Ancillary Products and Services
- Legal Hemp Products
Fund Management Team
At Atrium Capital, Brent and Chris managed and deployed over $100 MM in fund assets and over $75 MM in lending facilities
Cannabis Industry Advisors
The Professional Platform for Cannabis Entry
First Capital Ventures conducted over 6 months of research and due diligence on the industry to provide investors an expert perspective.
First Capital bolstered by elite advisory team comprised of professionals in cannabis law, compliance, construction, commercial real estate, regulations & licensing.
50+ years of combined financial management experience; has led 125+ financings valued at $3 B+; deployed over $100 MM in fund assets.
Parent affiliate First Capital Holdings has been in business since 2005 and features a combined 200+ years of experience.
Real estate/equipment/ancillary business investment keeps investors arms-length from grow; diversification defrays single-project risk.
Exclusive relationship with First Capital Growth Partners, a leading management services provider and cannabusiness builder.
Powerful network of on-the-ground resources in Colorado, commercial and regulatory heart of the cannabis industry; ideal launching pad for national opportunities.