NICI Quick Take

Altitude Investment Management, LLC is a US-based investment fund for growing cannabis businesses. The Company assists with alternate investment funds, company debt and credit issues.  In 2019, the company’s cannabis investments included PathogenDx, a cannabis DNA testing company, and Sunderstorm, a cannabis company that sells cannabis and its related products such as gummies and vapes. Other cannabis related investments were KannaSwiss, CannaCare, Nobl (cannabis data, media and conferences), EMMAC (European cultivator, extractor and distributor). However, the most recognizable investments it holds are Canndescent, Grassroots, and BDS Analytics. Altitude considers up to 20 investment opportunities every week.

 

 

 

IPO Details

Valuation $150.0M
Total Raised $30.0M
NICI Subsector Ancillary Products
Website altitudein.com