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Tuatara Capital, a New York-based canna-centric investment private equity fund, has invested $3.3 million in marijuana extracts company Green Dot Labs.
Boulder, Colorado-based Green Dot Labs initially had sought raise $2.6 million in its Series A round, but Tuatara supplied all of the funding – and then some – a spokeswoman for the extracts company told Marijuana Business Daily.
According to a news release, Green Dot Labs is developing its own methods for indoor cultivation and extraction as well as products for Colorado’s growing edibles and concentrates market.
Tuatara also will provide a strategic