Article · Wikipedia archive · Last revised Jun 20, 2026

Ghost Group

Ghost Management Group, LLC is a venture capital company based in Irvine, California focused on cannabis.

Last revised
Jun 20, 2026
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≈ 2 min
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Wikipedia ↗
Ghost Management Group, LLC
TypePrivate
IndustryVenture capital
FoundedIrvine, California (2012 (2012))
FounderJustin Hartfield
Doug Francis
Headquarters
Irvine, California
,
United States

Ghost Management Group, LLC is a venture capital company based in Irvine, California focused on cannabis.123

Overview

The firm was founded in 2012 by Justin Hartfield and Doug Francis.4567

Ghost Group targets accredited businesses and investors that are either already involved or have shown interest in becoming involved in the legal cannabis industry.38

In June 2013 the firm announced the launch of Emerald Ocean Capital fund.2931011 The market of consumer-facing products, especially software and technologies, will be the focus of Emerald Ocean.93412 After announcing the launch of the fund, Emerald Ocean expressed intentions of raising 10 to 25 million dollars in its first round.23

Additionally, the capital fund will function as a venture capital incubator, with an 8,000 square foot office facility in Denver, Colorado for select startups.213

Ghost Group concurrently announced the launch of Ghost Domain Capital, an investment firm specializing in Internet domains.1101112

References

References

  1. Chris Rauber (June 5, 2013). "Getting high with a little help from your VC firm". San Francisco Business Times. Retrieved July 5, 2013.
  2. Vita Reed (June 6, 2013). "VC Firm Launches Legal Cannabis Fund". Orange County Business Journal. Retrieved July 5, 2013.
  3. "5 Questions for Justin Hartfield: Opportunities as Cannabis Industry Becomes 'Pimply Teenager'". MMJ Business Daily. June 18, 2013. Archived from the original on June 22, 2013. Retrieved July 5, 2013.
  4. Walter Hickey (June 13, 2013). "Justin Hartfield Is About To Become The First Venture Capitalist Of The Pot Industry". Business Insider. Retrieved July 5, 2013.
  5. "Searchcore Inc (SRER:OTC US)". Bloomberg Businessweek. Retrieved July 5, 2013.
  6. Kate Linthicum (May 22, 2013). "New L.A. law on medical marijuana shops faces hazy future". Los Angeles Times. Retrieved July 5, 2013.
  7. Mike Anderson (May 5, 2011). "Justin Hartfield of WeedMaps". NBC Bay Area. Retrieved July 5, 2013.
  8. "Meet Justin Hartfield, the Pot Industry's First Venture Capitalist". Inc. Magazine. June 13, 2013. Retrieved July 5, 2013.
  9. Rebecca Grant (June 5, 2013). "VC firm hopes for high returns with fund for marijuana". VentureBeat. Retrieved July 5, 2013.
  10. "Ghost Group Launches Fund Focused on Marijuana Industry". FinSMEs. June 7, 2013. Retrieved July 5, 2013.
  11. "California VC Ghost Group launches medical marijuana fund". AltAssets. June 3, 2013. Retrieved July 5, 2013.
  12. "Multi-Million Dollar Cannabis Venture Capital Fund in Works, Plans to Target Ancillary Marijuana Startups". MMJ Business Daily. June 6, 2013. Retrieved July 5, 2013.
  13. Eleazar David Melendez (June 6, 2013). "Marijuana Venture Capital Fund Launches As Ganjapreneurs Go Mainstream". The Huffington Post. Retrieved July 5, 2013.