Larry Schnurmacher

HealingMaps, an informative psychedelic therapy search site, announced the closing of a seed round funding for a total $1 million coming from eight investors including Phyto Partners and Ambria Capital.  As part of the investment, Ambria Capital and Phyto Partner’s managing partner Cody...

Larry Schnurmacher, one of Phyto Partners’ cofounders has long experience in emerging markets. His venture capital fund has greatly supported 35 cannabis companies since 2015, and, with Pytho Psyche, he began investing in psychedelics-oriented companies. More investment in this...

Venture capital fund Phyto Partners, LLC, announced today the launch of its fourth private equity fund, called Phyto IV, LP, focused on businesses that operate around neurowellness and brain health, as well as the therapeutic use of psychedelic compounds. For the management of the new fund,...

Cannabinoid CPG ingredient producer Day Three Labs (DTL) revealed Tuesday that it has acquired a patented pharmaceutical-grade cannabinoid infusion technology developed by a leading Israeli bioscience company. This first-of-its-kind technology allows ingested cannabinoids to naturally bypass...

Last month, cannabis delivery service Eaze announced the closing of a Series D funding round of $20 million in cash, with the opportunity to raise another $20 million over time. The closing of this round comes after the California-based company's completion of a recent $15-million bridge...

PitchBook, a financial database and information platform on private equity, has released its list of the top venture capital firms investing in cannabis in 2019.  Last year set a $1.2-billion record for venture capital investments in cannabis. That amount has already been surpassed by $500...

Despite Friday’s rebound, this was a bad week for the U.S. stock market. Cannabis stocks followed a very different trajectory, with the United States Marijuana Index, which tracks 15 of the largest marijuana stocks in the U.S., posting a loss of 2.34 percent Friday, but still closing the week...

Over the past few weeks, Benzinga has been sharing interviews with the top venture capital and investment firms operating in the cannabis industry. Among those focused on ancillary businesses that do not touch the plant, we profiled Snoop Dogg’s Casa Verde and Arcview Group partner,...