NEWS
Altitude in the news
Top cannabis VCs are now searching for companies with proven track records. 6 investors share what it would take for a new startup to grab their attention.
BUSINESS INSIDER
SEPTEMBER 18, 2020
Cannabis Watch: Pot companies left out of latest coronavirus stimulus bill, but lobbyists are still hopeful
NAME X NEWS: CANNABIS WATCH
APRIL 22, 2020
A Look Into Eaze's $35M Equity Raise, Move Into Branded Cannabis Products: 'Retail Has Value'
BENZINGA
MARCH 12, 2020
It's A Buyer's Market In Cannabis Stocks, But The Game Has Changed Dramatically
BENZINGA
February 26, 2020
Investor Connect – Jon Trauben of Altitude Investment Management
INVESTOR CONNECT PODCAST
February 11, 2020
“In this episode, Jon shares what he finds exciting in the cannabis industry as a whole today. According to Jon, there is a massive built-in customer base that is estimated in the US to be $50 billion dollars of demand. The customer base exists and the creation of this industry is all about creating a legal channel for safe, tested quality products.”
Investors Tell Cannabis Companies 'Prove It' Before Opening Wallet
GREEN MARKET REPORT
February 10, 2020
Altitude Partner Roderick Stephan Talks Distressed Debt Investment In Cannabis
BENZINGA
February 6, 2020
GUEST COLUMN: Time to Take a Big Swing at Federal Legalization by Partner Rod Stephan
MG MAGAZINE
January 2020 Issue
ALTITUDE SPOTLIGHT: Cannabis Fund Turns to Distressed Debt Amid Sector Slump
BLOOMBERG
January 22, 2020
“It seems like the ability to access capital has really shriveled... Whereas a lot of our initial investments were either in common equity, preferred stock or convertible notes, I think we’re going to start to see the ability to structure secure debt deals with warrant coverage.”
Why Traditional Venture Capitalists Don't Invest in Cannabis Companies -- And Who Will
ENTREPRENEUR
January 16, 2020
Here are the top 14 venture capital firms making deals in the cannabis industry, and where they're looking to place their next bets
BUSINESS INSIDER
January 14, 2020
Cheddar interviews partner Jon Trauben about Pot Stocks in 2020: Examining Canada & Europe's Potential Impact on the Industry
5 top cannabis VCs told us where they plan to place their bets, from scooping up distressed assets to the emergence of new markets in Germany and China
BUSINESS INSIDER
December 20, 2019
Partner Rod Stephan on Understanding Key Differences in Europe to Invest Wisely
BENZINGA
December 19, 2019
Partner Jon Trauben talks about Altitude’s approach to portfolio investments with MJBulls Media’s Raising Cannabis Capital - Cannabis Investor Spotlight Series
MJBULLS MEDIA - RAISING CANNABIS CAPITAL
December 19, 2019
Ganjapreneur interviews partner Jon Trauben on Choosing Smart Cannabis Investments
GANJAPRENEUR
December 6, 2019
Investors are placing huge bets on marijuana as more states legalize THC. Here are the top 25 cannabis startups that have raised the most VC cash.
BUSINESS INSIDER
November 7, 2019
Evan Veryard interviews Rod Stephan Partner at Altitude Investment Management and discuss the opportunities in cannabis venture capital
Revolutionary Company PathogenDx Announces $7.5 Million In Series B Funding
forbes
September 30, 2019
“We saw great value investing in a company that improves the overall safety of the cannabis supply chain. With safety top of mind these days, backing a company that ensures clean cannabis provided a compelling opportunity to invest in a business that’s doing well by doing good.”
Cannabis Execs Cheer Congress' Approval of Pot Business Banking - Altitude Weighs In
forbes
September, 27, 2019
“The regulated cannabis market has consistently lacked adequate financial infrastructures and resources that are afforded to mainstream businesses due to federal regulations.”
'New Frontier': Altitude Investment Management Invests In European Cannabis Market
Benzinga
September 24, 2019
Cannabis Investor Altitude Investment Management Sets Sights on Europe with New $150 Million Fund
New Cannabis Ventures
September 20, 2019
Cannabis Data Provider & Altitude Portfolio Company BDS Analytics Closes First $7 Million of $10 Million Capital Raise
new cannabis ventures
August 20, 2019
“We’ve seen BDS Analytics surpass its’ milestones and are proud to be co-leading this round of financing as it continues to grow. It’s an exciting time for the company as it expands product lines into new geographies, grows its industry-leading team, and improves its cutting-edge technology and services.”
Altitude mentioned in Business Insider article discussing VC firms in the cannabis industry
Business Insider
August 8, 2019
ALTITUDE SPOTLIGHT - Cannabis Investors Reveal What Trends They’re Chasing This Year
Business insider
May 1, 2019
Altitude portfolio company Grassroots' recent raise is spotlighted in Forbes. Partner Michael Goldberg weighs in on Grassroots success
forbes
March 19, 2019
“They’ve done a great job winning licenses, which has a lot more value than purchasing them”
Elana Margulies-Snyderman from Eisner Amper talks with partner Jon Trauben about Altitude's fund management approach
EisnerAmper
February 21, 2019
ALTITUDE SPOTLIGHT - One of the top marijuana venture capital firms is looking to raise over $100 million for a new fund to go after growth-stage startups
business insider
February 20, 2019
“The set of companies that will win the industry already exist. They’re not being dreamed up in garages anymore.”
Green Market Report Article Notes Altitude As Lead Investor For springbig Series A Funding Round
Green Market Report
December 19, 2018
Altitude Mentioned in The Wall Street Journal Article Discussing VC Investments in Cannabis
The Wall Street Journal
December 12, 2018
Altitude Named in Business Insider Article Discussing Leading Marijuana Investment Fund Closes
Business Insider
November 30, 2018
Altitude Published in The Wall Street Journal Newsletter
The Wall Street Journal
November, 2018
“Altitude Investment Management has closed its first fund devoted to cannabis deals, capping the total raised at $30 million. The New York-based firm has invested in 16 companies that provide supportive services like marketing, payroll and business analytics to the legal cannabis industry. Altitude also said it would begin raising a second fund, likely more than $100 million, in early 2019 for growth investments.”
Partner Jon Trauben Quoted in Business Insider on Coca-Cola Interest in CBD Beverages
Business Insider
September 20, 2018
Altitude Has Ten New Investments Since Initial March 2018 Fund Close
Green Market Report
September 14, 2018
Altitude Investment Management Updates Its Cannabis Fund’s Holdings with $23.8 Million in Raised Capital
new cannabis ventures
September 11, 2018
Altitude Mentioned in Green Market Report for Participation in Canndescent $13 Million Raise
Green Market Report
September 6, 2018