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Casa Verde Capital

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Trademark Filing Suggests Snoop Dogg Might Be Venturing Into The Hot Dog Business

Snoop Dogg and his money moves show no sign of slowing down as Billboard reports that he may be launching a line of hot dogs. The brand is rumored to be called “Snoop Doggs,” and attorneys of the American rapper applied for the federal trademark registration at the U.S. Patent and Trademark Office in December. Although the filing does not disclose in detail what products should be expected, fans can be on the lookout for other types of sausages in addition to hot dogs. Billboard reports that the filing was labeled a “so-called intent-to-use application” verifying the brand has yet to be launched. Still, it seems Snoop Dogg has every intention of pushing forward with his business venture. Over a decade ago, the “Drop It Like Its Hot” rapper filed a trademark for “Snoop Scoops” with plans to launch ice cream. The idea never came to light, but clearly, Snoop still aspires to pursue business ventures with food at the center, so we hope to see “Snoop Doggs” soon.

Jan 10, 2022

Snoop Dogg's Investment In Cannabis Startup Dutchie Doubles Its Value To $3.75B

Snoop Dogg has built a history of being instrumental in the cannabis industry, and his latest investment helped in doubling the value of a cannabis startup. Bloomberg reports that Snoop’s venture capital (VC) firm, Casa Verde Capital participated in a Series D funding round of $350 million for Dutchie — a technology platform for cannabis dispensaries. The tech firm’s valuation is now $3.75 billion. The round was led by D1 Capital Partners and other participants included Tiger Global, DFJ Growth, Dragoneer, Gron Ventures and Thrive Capital, according to Bloomberg. The new funding comes in seven months after Dutchie raised $200 million, which brought their value to $1.7 billion. Now the tech platform’s value has doubled in less than a year. As previously reported by AfroTech, Casa Verde Capital has served as a leading VC firm in providing cannabis startups with funding. The VC firm has an extensive portfolio, and Dutchie is one of its prized investments. Its backed Dutchie since 2018...

Oct 15, 2021

Snoop Dogg's Casa Verde Capital Raises $100M For Second Investment Fund

Snoop Dogg’s investment fund, Casa Verde Capital, has closed on $100 million for its second investment fund, reports TechCrunch. Following a decline in the cannabis industry last year, the market has bounced back, making way for funds like Dogg’s (born Calvin Broadus) to expand and help scale cannabis-related businesses. “Sitting here today, four-plus months into COVID, cannabis has really proved itself to be a non-cyclical industry. Cannabis has been deemed an essential business everywhere across the U.S. We had record sales in March, April and May, and the trend has continued,” Casa Verde Capital managing director, Karan Wadhera told TechCrunch in July. “And now that we are getting into an environment where governments are going to be looking for additional sources of tax revenue, the potential urgency around cannabis legalization is going to be there, which is going to be massively positive for the industry.” Casa Verde’s portfolio is now worth at least $200 million, and its...

Dec 22, 2020