Friday, April 20, 2018

Snoop Dogg's Casa Verde Capital Funds Green Bits

West Hollywood-based Casa Verde Capital, the new, $45M investment fund run by rapper Snoop Dogg, is one of the investors in a software developer developing code for running cannabis businesses. Green Bits, which focuses on compliance for cannabis dispensaries and retailers, said it raised $17M in a Series A funding, led by Tiger Global, and also included Snoop Dogg's Casa Verde Capital. Casa Verde said when it launched last month that it will specifically invest in the "ancillary cannabis" industry.