News

February 16, 2022

Snoop Dogg bets high on German cannabis startup Cansativa ahead of legalisation

The legal cannabis market in Germany could be about to boom.


Tim Smith

4 min read

Picture: Kim Erlandsen, NRK P3

There’s a green tidal wave of cannabis ready to hit Europe’s largest economy, and Snoop Dogg isn’t the type to miss out on a weed-related opportunity. The rap legend’s VC firm, Casa Verde, is today leading a $15m Series B round into Cansativa, a Frankfurt-based cannabis distribution platform that currently stocks German pharmacies. Argonautic Ventures and Munich-based family office Alluti also participated in the round.

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Benedikt (left) and Jakob Sons, brothers and cofounders of Cansativa
Benedikt (left) and Jakob Sons, brothers and cofounders of Cansativa
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Cansativa warehouse facility
Cansativa's warehouse near Frankfurt airport
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Tim Smith

Tim Smith was news editor at Sifted. He covered deeptech and AI, and produced Startup Europe — The Sifted Podcast . Follow him on X and LinkedIn

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