Ghost Group Explained
Ghost Management Group, LLC is a technology company based in Irvine, California.[1] [2] [3] that has a portfolio of advertising, web, point of sale and logistics software.
Overview
The firm was founded in 2012 by Justin Hartfield and Doug Francis.[4] [5] [6] [7]
Ghost Group targets accredited businesses and investors that are either already involved or have shown interest in becoming involved in the legal cannabis industry.[3] [8]
In June 2013 the firm announced the launch of Emerald Ocean Capital fund.[2] [9] [3] [10] The market of consumer-facing products, especially software and technologies, will be the focus of Emerald Ocean.[11] After announcing the launch of the fund, Emerald Ocean expressed intentions of raising 10 to 25 million dollars in its first round.
Additionally, the capital fund will function as a venture capital incubator, with an 8,000 square foot office facility in Denver, Colorado for select startups.[2] [12]
Ghost Group concurrently announced the launch of Ghost Domain Capital, an investor in category Internet domains.[1] [10] [13] [11]
Notes and References
- News: Getting high with a little help from your VC firm . . June 5, 2013 . July 5, 2013 . Chris Rauber.
- News: VC Firm Launches Legal Cannabis Fund . . June 6, 2013 . July 5, 2013 . Vita Reed.
- Web site: 5 Questions for Justin Hartfield: Opportunities as Cannabis Industry Becomes 'Pimply Teenager' . . June 18, 2013 . July 5, 2013.
- Web site: Justin Hartfield Is About To Become The First Venture Capitalist Of The Pot Industry . . June 13, 2013 . July 5, 2013 . Walter Hickey.
- Searchcore Inc (SRER:OTC US) . . July 5, 2013.
- News: New L.A. law on medical marijuana shops faces hazy future . . May 22, 2013 . July 5, 2013 . Kate Linthicum.
- Web site: Justin Hartfield of WeedMaps . . May 5, 2011 . July 5, 2013 . Mike Anderson.
- Meet Justin Hartfield, the Pot Industry's First Venture Capitalist . . June 13, 2013 . July 5, 2013.
- News: Rebecca Grant. June 5, 2013. VC firm hopes for high returns with fund for marijuana. VentureBeat. July 5, 2013.
- Web site: Ghost Group Launches Fund Focused on Marijuana Industry . FinSMEs . June 7, 2013 . July 5, 2013.
- Web site: Multi-Million Dollar Cannabis Venture Capital Fund in Works, Plans to Target Ancillary Marijuana Startups. June 6, 2013. MMJ Business Daily. July 5, 2013.
- News: Marijuana Venture Capital Fund Launches As Ganjapreneurs Go Mainstream . . June 6, 2013 . July 5, 2013 . Eleazar David Melendez.
- Web site: June 3, 2013. California VC Ghost Group launches medical marijuana fund. July 5, 2013. AltAssets.
