12/12 Ventures

12/12 Ventures is a venture capital firm that focuses on investing in the cannabis industry. Co-Founded by Parker Berling and Matt Barron in 2020, 12/12 Ventures is headquartered in Sausalito, California, United States.

Matt Barron

Co-Founder and Partner

Charles Finnie

Managing Partner

Past deals in Cannabis

Backbone Software

Seed Round in 2022
Backbone Software, Inc. specializes in the design and development of supply chain management software solutions tailored for the cannabis and hemp industries. Established in 2017 and located in Palo Alto, California, the company offers a platform that facilitates the management of various supply chain processes, including cultivation, manufacturing, inventory, packaging, shipping, pricing, billing, purchasing, and logistics. By providing a transparent chain of custody, Backbone Software enhances visibility into production processes, enabling companies to track the journey of materials from harvest to packaged goods. The platform promotes collaboration by allowing team members, from operational staff to upper management, to access and input data in real time, thereby improving production efficiency, maintaining compliance, and fostering transparency with partners. The team comprises experts with experience in technology and the cannabis sector, ensuring that the software is well-suited to the unique needs of the industry.

Backbone Software

Venture Round in 2020
Backbone Software, Inc. specializes in the design and development of supply chain management software solutions tailored for the cannabis and hemp industries. Established in 2017 and located in Palo Alto, California, the company offers a platform that facilitates the management of various supply chain processes, including cultivation, manufacturing, inventory, packaging, shipping, pricing, billing, purchasing, and logistics. By providing a transparent chain of custody, Backbone Software enhances visibility into production processes, enabling companies to track the journey of materials from harvest to packaged goods. The platform promotes collaboration by allowing team members, from operational staff to upper management, to access and input data in real time, thereby improving production efficiency, maintaining compliance, and fostering transparency with partners. The team comprises experts with experience in technology and the cannabis sector, ensuring that the software is well-suited to the unique needs of the industry.

Cookies

Venture Round in 2020
Cookies Inc., is a cannabis brand, which currently has 7 dispensaries in California, 1 in Detroit.
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