# Cannabis investors (2026 list) > 18 cannabis investors, 100% active in the last 12 months. Led by Y Combinator, Gaingels, FJ Labs. Ranked by what they funded. Source: https://millionrounds.com/lists/cannabis-investors (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Cannabis investors Updated 7 November 2026 Firms observed backing a cannabis company in the last two years, taken from what they funded rather than from what their website says they like. [See all 18 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fcannabis-investors)The top 18 **18** investors on the list *-2* this week **1,610** cheques in 12 months *-19%* against the market **$8.2M** median round they joined *+3%* against the market median **100%** wrote a cheque in 12 months **56%** have led a round ## The Top 18 Ordered by cheques observed, never by anything anyone paid for Deploying now (18) - 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen - 2 [Gaingels](https://millionrounds.com/fund/gaingels) *Deploying now* Private equity · United States **1,010** **$8M** median round **Oct 2026** last seen - 3 [FJ Labs](https://millionrounds.com/fund/fj-labs) *Deploying now* VC firm · United States **849** **$11M** median round **Oct 2026** last seen - 4 [Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) *Deploying now* VC firm · United States **636** **$7M** median round **Oct 2026** last seen - 5 [Soma Capital](https://millionrounds.com/fund/soma-capital) *Deploying now* VC firm · United States **456** **$4.2M** median round **Oct 2026** last seen - 6 [Abstract Ventures](https://millionrounds.com/fund/abstract) *Deploying now* VC firm · United States **295** **$13M** median round **Nov 2026** last seen - 7 [Village Global](https://millionrounds.com/fund/village-global-2) *Deploying now* VC firm · Canada **294** **$8M** median round **Nov 2026** last seen - 8 [Morningside Group](https://millionrounds.com/fund/morningside) *Deploying now* VC firm · United States **225** **$24M** median round **Jul 2026** last seen - 9 [Team Ignite Ventures](https://millionrounds.com/fund/team-ignite-ventures) *Deploying now* VC firm · United States **177** **$2M** median round **Oct 2026** last seen - 10 [Ascend](https://millionrounds.com/fund/ascend) *Deploying now* VC firm · United States **136** **$4.1M** median round **Oct 2026** last seen - 11 [Pillar VC](https://millionrounds.com/fund/pillar-vc) *Deploying now* VC firm · United States **83** **$8.2M** median round **Sept 2026** last seen - 12 [Bank of Montreal (BMO)](https://millionrounds.com/fund/bmo-financial-group) *Deploying now* Corporate VC · Canada **54** **$63M** median round **Jun 2026** last seen - 13 [Canaccord Genuity Group](https://millionrounds.com/fund/canaccord-genuity-group) *Deploying now* Micro VC · Canada **54** **$17M** median round **Sept 2026** last seen - 14 [Presight Capital](https://millionrounds.com/fund/presight-capital) *Deploying now* VC firm · United States **49** **$10M** median round **Sept 2026** last seen - 15 [Asymmetric Capital Partners](https://millionrounds.com/fund/asymmetric) *Deploying now* VC firm · United States **44** **$8.3M** median round **Sept 2026** last seen - 16 [Torus Capital](https://millionrounds.com/fund/torus-capital) *Deploying now* VC firm · Belgium **7** **$2.2M** median round **Jan 2026** last seen - 17 [Needham Bank](https://millionrounds.com/fund/needham-bank) *Deploying now* Investment firm · United States **1** **$50M** median round **Jun 2026** last seen - 18 [CF Bank](https://millionrounds.com/fund/cf-bank) *Deploying now* Investment firm **1** **$11M** median round **Nov 2026** last seen ## The Newest Cheques Rounds this list's investors joined most recently - **5** Nov **[Siggy](https://millionrounds.com/company/siggy)** Pre-seed · $6M *Led by* [Village Global](https://millionrounds.com/fund/village-global-2) - **3** Nov **[Ascend Wellness Holdings](https://millionrounds.com/company/ascend-wellness-holdings)** Debt · $11M *With* [CF Bank](https://millionrounds.com/fund/cf-bank) - **3** Nov **[Applied Compute](https://millionrounds.com/company/applied-compute)** Other · $350M *With* [Abstract Ventures](https://millionrounds.com/fund/abstract) - **30** Oct **[Neuron Industries](https://millionrounds.com/company/neuron-industries)** Seed · $10M *With* [Y Combinator](https://millionrounds.com/fund/y-combinator) - **29** Oct **[Reflex](https://millionrounds.com/company/reflex)** Series A · $14M *With* [Y Combinator](https://millionrounds.com/fund/y-combinator) - **28** Oct **[Broccoli AI](https://millionrounds.com/company/broccoli-ai)** Series B · $52M *With* [Y Combinator](https://millionrounds.com/fund/y-combinator) ## Stages This Year 1,447 rounds - Venture **27%** - Pre-seed **18%** - Seed **17%** - Series A **15%** - Series B **6%** - Other **17%** ## What They Backed Sectors, last 12 months - AI **725** - Fintech **97** - Big Data & Analytics **82** - Aerospace & Space **66** - Healthcare **61** - Financial Services **60** ## Cheques by Quarter Led Joined 525 Q1 25 473 Q2 25 571 Q3 25 578 Q4 25 489 Q1 26 511 Q2 26 305 Q3 26 56 Q4 26 The last bar is the quarter still running. ## Lists Like This - [AI investors 7,040](https://millionrounds.com/lists/ai-investors) - [Fintech investors 2,997](https://millionrounds.com/lists/fintech-investors) - [Big Data & Analytics investors 1,954](https://millionrounds.com/lists/big-data-investors) - [Biotech investors 1,901](https://millionrounds.com/lists/biotech-investors) - [Robotics investors 1,714](https://millionrounds.com/lists/robotics-investors) - [Energy investors 1,707](https://millionrounds.com/lists/energy-investors) - [Construction investors 1,609](https://millionrounds.com/lists/construction-investors) - [Manufacturing investors 1,385](https://millionrounds.com/lists/manufacturing-investors) - [Cybersecurity investors 1,380](https://millionrounds.com/lists/cybersecurity-investors) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about cannabis investors ### Who are the most active cannabis investors? By cheques observed, the most active are Y Combinator, Gaingels, FJ Labs, Liquid 2 Ventures and Soma Capital. ### How many cannabis investors are there? 18 are on record. 100% made an investment in the last 12 months and 56% have led a round. ### Which stages do cannabis investors back? Of the rounds with a named stage in the last 12 months, mostly Pre-seed (27%) and Seed (24%). ### How big are the rounds cannabis investors join? The typical (median) round among the leading investors here is $8.3M. ### Which sectors do cannabis investors back most? In the last 12 months, mostly AI, Fintech and Big Data & Analytics. ### Which cannabis investors lead the most rounds? Y Combinator (11 led), Abstract Ventures (4 led) and Torus Capital (4 led). ### Where are cannabis investors based? Among the most active, most are based in the United States (13), Canada (3) and Belgium (1). ### What have cannabis investors invested in recently? Recent rounds include Siggy (Pre-seed, Nov 2026, with Village Global), Ascend Wellness Holdings (Debt, Nov 2026, with CF Bank) and Applied Compute (Other, Nov 2026, with Abstract Ventures). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)