Organization · Venture Capital
12/12 Ventures
12/12 Ventures is a cannabis-focused venture capital fund based in Sausalito, California, that invests in globally scalable brands and technologies within the cannabis sector.
Overview
What 12/12 Ventures does
What 12/12 Ventures is
12/12 Ventures is a cannabis-focused venture capital fund based in Sausalito, California, that invests in globally scalable brands and technologies within the cannabis sector.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Structured capabilities
- Funder
- Last reviewed
- March 27, 2026
Official channels
Find 12/12 Ventures elsewhere
Open the official website or a supported primary organization account.
Capability profile
12/12 Ventures as a funder
Investment thesis
12/12 Ventures focuses on supporting globally scalable cannabis brands and technologies, employing a contrarian investment approach during industry downturns to capitalize on long-term growth opportunities.
Focus narrative
The organization invests exclusively in the cannabis industry, targeting companies that show scalability and are backed by experienced management teams. 12/12 Ventures employs a disciplined approach to capital deployment, believing in the potential for industry consolidation and the emergence of dominant players in the market.
Value beyond capital
12/12 Ventures adds value to its portfolio companies through strategic partnerships, industry expertise, and a focus on building trusted brands within the cannabis sector. The organization leverages its contrarian investment approach to support companies during downturns, positioning them for long-term success.
Focus and fit
- Stages
- Seed · Series A
- Sectors
- Commerce & Retail
- Regions
- United States
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 3
Portfolio context
Notable portfolio companies include Cookies Inc., a leading cannabis brand with over 7 dispensaries in California and plans for expansion; Cookies Retail Enterprises, focused on retail real estate development for Cookies stores; and Backbone Software, a cannabis supply chain management platform founded by Rajesh Chandran.
Common questions
What to know about 12/12 Ventures
Upseed classifies 12/12 Ventures under the Venture Capital organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
March 27, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.